[Rainger99]

Some threads say that the Villages is not that transparent about bond payments on new sales and that people are shocked when they get their first tax bill.

I have been told that bonds in the new areas are very expensive.

I bought new in 2021 and pay about $1,000 a year.

[retiredguy123]

I bought in 2016 and my bond payment is $1,043 per year.

[Bogie Shooter]

With very little effort you can see what the bond amount is for any lot in TV.
Welcome to The Villages Community Development Districts

[LeRoySmith]

3200

[Bill14564]

Originally Posted by Rainger99

Some threads say that the Villages is not that transparent about bond payments on new sales and that people are shocked when they get their first tax bill.

I have been told that bonds in the new areas are very expensive.

I bought in 2021 and pay about $1,000 a year.

Did you buy a new home? The bond amount is set when the home is built, not when it is last purchased. If you bought a pre-owned home then your purchase date of 2021 is irrelevant.

If you have a $1,000 bond on a home built in 2021 then that's a great deal.

[Bay Kid]

I paid mine off several years ago. I looked at it like bad credit card debt.

[Bogie Shooter]

Many variables to the bond payment amount .
I do not see how any amount posted here without clarification could be helpful to a new or resale buyer.
Purpose of this thread again is?

[MSchad]

Originally Posted by Rainger99

Some threads say that the Villages is not that transparent about bond payments on new sales and that people are shocked when they get their first tax bill.

I knew exactly what my bond payment was going to be before I purchased. I just asked my rep how much it would be. Very forthcoming and transparent.

[Rainger99]

Originally Posted by Bogie Shooter

With very little effort you can see what the bond amount is for any lot in TV.
Welcome to The Villages Community Development Districts

You have 19,000 posts so you are very familiar with the Villages. The purpose of the post is to provide information to those people who aren't that familiar with the Villages. There are a number of posts where people are surprised by the bond. This post is for them.

I checked the bonds in Lake (I think it was the Enclave) and the bond is about $5200 a year. That is a bond of 72,000 and 5.47%. I also checked some homes in Eastport. The highest that I have seen is about $3600 - most are around $3,000.

[Rainger99]

Originally Posted by Bogie Shooter

Many variables to the bond payment amount .
I do not see how any amount posted here without clarification could be helpful to a new or resale buyer.
Purpose of this thread again is?

It is to provide information to people who are considering buying in the Villages. As a general rule, the more information that you have, the more likely you are to make an intelligent decision.

[Rainger99]

Originally Posted by MSchad

I knew exactly what my bond payment was going to be before I purchased. I just asked my rep how much it would be. Very forthcoming and transparent.

Did you rep volunteer the information? Or did you have to ask?

[LeRoySmith]

Originally Posted by Rainger99

You have 19,000 posts so you are very familiar with the Villages. The purpose of the post is to provide information to those people who aren't that familiar with the Villages. There are a number of posts where people are surprised by the bond. This post is for them.

I checked the bonds in Lake (I think it was the Enclave) and the bond is about $5200 a year. That is a bond of 72,000 and 5.47%. I also checked some homes in Eastport. The highest that I have seen is about $3600 - most are around $3,000.

We were all set to buy and build in the enclave until our rep started telling up about the bond and property tax.

[Topspinmo]

Zero, I paid it off. They don’t want you to pay it off. Like any loan all about interest, that s were money made.

[Topspinmo]

//// repeat

[Maker]

There is also a yearly service fee above and beyond the bond cost. Factor that cost onto the bond. It is a significant additional amount percentage.