[Pturner]

Originally Posted by logdog

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

ha haha hahahahhahah. It's written all over my face... ur, golf ball. Good one!

[Tbugs]

When my wife and I bought a home in The Villages a bit over a year ago, we had it narrowed to a short list of 3 homes. One was on Bacall golf course and when we were there forthe final visit, 4 golf balls came into the backyard right next to the screen porch and 2 hit the roof. Well, that ruled that out.

The next two homes were great locations. One had a marsh view to Rt.466 and we knew something would be built on 466 and did not know what it might look like. The house price was $450,000 and had a bond of $25,000. We chose to buy another previously owned home for under $400K that only has a bond of $2,300. My bond payment each year is about 1/4 of what my new friends are paying for their $20,000 bonds on their new homes ($435 vs $1650).

My point of this rambling story is to look at the previously owned homes with a very small bond or no bond. The previously owned homes are usually in villages with established landscaping and no construction of new homes going on for the next year of so like in new communities.

Also, I suggest using a Villages Realty agent AND an agent from outside The Villages so you can see houses offered by both. Villages Realty can only show properties listed by The Villages and outside agents can only show homes NOT listed by The Villages.

[Kelsie52]

Originally Posted by Veronica

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

Welcome Verinoca !!

As many have rsponded --the bond depends on the section of the village you purchase in ---you can have slightly differnt bond amounts according to the number of homes in your section ---

We are in Buttonwood south of St Charles and our bond is 19,700

Good luck

[kentucky blue]

Originally Posted by Tbugs

My point of this rambling story is to look at the previously owned homes with a very small bond or no bond. The previously owned homes are usually in villages with established landscaping and no construction of new homes going on for the next year of so like in new communities.

That was my preference after 3 visits, a 4 year old home with established landscaping, on a quiet cul-de-sac, , with terrific neighbors. Just remember, the actual price of your home is the purchase price plus the bond, and some of those bonds are over $40,000 !!!!!!!

[graciegirl]

Originally Posted by Pturner

Come hungry. Leave happy.

I'm hungry too, Pancake Turner.

[taylor111947]

Originally Posted by kentucky blue

Just remember, the actual price of your home is the purchase price plus the bond, and some of those bonds are over $40,000 !!!!!!!

Just trying to make sure I understand - I think you have a choice of paying off the bond all at once or financing it with monthly payments.

Also, most of the bonds I have seen quoted are around $20,000 - where are the homes with bonds of $40,000 (want to take them off my list right away)

[Pturner]

Originally Posted by taylor111947

Just trying to make sure I understand - I think you have a choice of paying off the bond all at once or financing it with monthly payments.

Hi Taylor, you are right about the choice. You get to make that choice once a year. You will get a notice in advance telling you that you have a small window of time each year e to pay the remaining balance in full. If you do nothing, you will just continue with your monthly payments.

[kentucky blue]

Originally Posted by taylor111947

Also, most of the bonds I have seen quoted are around $20,000 - where are the homes with bonds of $40,000 (want to take them off my list right away)

Most of the newer premier villages, bonds range in mid $30's to mid 40's.

[jebartle]

NO bond....Yea!

[VillagesFlorida]

The bond on our courtyard villa was about $1500 when we purchased it over 12 years ago! Looks like inflation has been at work since then.

[Tbugs]

It does amaze me that some people refuse to even consider a previously owned home. Most people selling their houses will be willing to negotiate on prices while the new homes being sold by The Villages are a set price. The previously owned homes will have some of the bond paid off while the new homes are at the full bond price.

I have several friends in St. Charles in new homes. They have had to argue with the Villages warranty office several times and in some cases have been told the problem is not going to be fixed even though it is obvious it is a builder error. Landscaping is not mature, of course, and they have had to pay for extra landscaping. In a previously owned home, you see what there is now and not what is projected.

Personally, I would not like the construction going on around me every day until the neighborhood is completely built. This is noise and dirt - and the construction begins early each morning.

[eyegirl]

we also are looking to buy in TV. Just as an axample, what would the MONTHLY payment be on a $25,000 bond. How many years do you pay this fee? thanks

[Russ_Boston]

Originally Posted by eyegirl

we also are looking to buy in TV. Just as an axample, what would the MONTHLY payment be on a $25,000 bond. How many years do you pay this fee? thanks

30 year amortization - 7% interest rate (yes it's higher than a typical mortgage rate) = $166.33 per month on 25K

I live in the same section as Tom H. Also 23K for our bond.

[ricthemic]

Originally Posted by Russ_Boston

30 year amortization - 7% interest rate (yes it's higher than a typical mortgage rate) = $166.33 per month on 25K

I live in the same section as Tom H. Also 23K for our bond.

I still do not know the answer to this question:
the above bond thirty year total cost is $59,878.80 . Is this tax deductible?

[Pturner]

Originally Posted by ricthemic

I still do not know the answer to this question:
the above bond thirty year total cost is $59,878.80 . Is this tax deductible?

The bond is not tax deductible.