[Veronica]

If I buy a home for 270K in TV, what would the bond be? Thank you!

[bkcunningham1]

I don't know that much about the bond on houses in TV. The house we bought was pre-owned and didn't have a bond. I hope someone more familiar will correct me if I'm wrong but I'll try to answer your question.

If you are buying a new home in TV, I believe the bond is based on the location of the home you purchase. The reason it is based on the location is because the bond is divided among the residents and pays for the various infrastructure projects like the roads, sewers, street lights, utilities etc. within that particular area of TV.

If you are buying an existing house with a bond, you will owe what is left on the initial bond from the previous owner.

By-the-way, welcome.

[bluedog103]

zcaveman did a nice job of explaining this in the Nuts and Bolts section, at the bottom the first page on TOTV. As far as I know BK is correct in his post above. We closed on a home in St. Charles in March. At that time the bond was around $20,000.

[Tom Hannon]

My bond in Buttonwood was $23,000.

[Pturner]

Originally Posted by bluedog103

zcaveman did a nice job of explaining this in the Nuts and Bolts section, at the bottom the first page on TOTV. As far as I know BK is correct in his post above. We closed on a home in St. Charles in March. At that time the bond was around $20,000.

Um... BK's a she. You are right though Bluedog, that she was right.

Veronica, if there is a particular house you have in mind, it is easy to find out what the bond is. Just ask your sales agent.

[bluedog103]

Originally Posted by Pturner

Um... BK's a she. You are right though Bluedog, that she was right.

Veronica, if there is a particular house you have in mind, it is easy to find out what the bond is. Just ask your sales agent.

Thanks Pturner and my apologies to BK. I should have made no reference to gender. I knew better too.
Sorry to anyone who took offense.

[Taj44]

That's one of the advantages of buying pre-owned. A bond for a simililar priced home in a neighborhood built 4-5 years ago would only be about $15,000.

[billnterri]

We are building a designer in St. James in 2011 and were quoted a bond price of $23,000.

[bkcunningham1]

Originally Posted by bluedog103

Thanks Pturner and my apologies to BK. I should have made no reference to gender. I knew better too.
Sorry to anyone who took offense.

LOL, no offense taken. Because of actually using my initials throughout my life, most people who see my name automatically think I'm a man.

[Taj44]

All I could think of was Burger King...maybe I'm just hungry.

[Pturner]

Originally Posted by Taj44

All I could think of was Burger King...maybe I'm just hungry.

Come hungry. Leave happy.

[Another 65er]

Originally Posted by billnterri

We are building a designer in St. James in 2011 and were quoted a bond price of $23,000.

Our bond in Buttonwood is about $21,600.

[Skip2MySue]

Originally Posted by bkcunningham1

LOL, no offense taken. Because of actually using my initials throughout my life, most people who see my name automatically think I'm a man.

After reading many of your posts I swear I thought the same thing that you were a he. Strange how the mind works and we just blindly go along with it. Somehow the mind told me PTurner was Pat but we now know that's not the truth either. More verified proof that I'm not the brighest bulb in the package
Skip 2

[Ajack]

Originally Posted by Another 65er

Our bond in Buttonwood is about $21,600.

I think our CYV bond in Pennecamp is a bit over $13,000.

[logdog]

Originally Posted by Skip2MySue

After reading many of your posts I swear I thought the same thing that you were a he. Strange how the mind works and we just blindly go along with it. Somehow the mind told me PTurner was Pat but we now know that's not the truth either. More verified proof that I'm not the brighest bulb in the package
Skip 2

I also thought BK was a burger. I knew PTurner wasn't a Pat. You can clearly see her name is Pinnacle.