Estimated Monthly Cost of Living

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Old 07-15-2010, 10:57 AM
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I think I read somewhere that the interest rate on the bond if you don't pay it off is 7%.
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Old 07-15-2010, 10:58 AM
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Quote:
Originally Posted by taylor111947 View Post
This is the link to the Villages Page:

http://www.thevillages.com/homes/index.asp

Click on 'Check out how affordable it is to live in the Villages' on the left bottom.

I think I'm still confused. It sounds like the Average Taxes amount must refer to the Tax Bill received in Nov. and according to someone (sorry I lost the threads) includes the Bond payment (broken into 12 months).

But I think someone else said that the Development Distric Assessment was the Bond payment.

I guess what I need is more clarification on those two figures and where/if the Bond payment is included. Does anyone know what the interest rate for the Bond is? It sounds as if it is like taking out a thirty year mortgage for that amount.

Whew!
Went to the link but did not see that button to click. Sorry.
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Old 07-15-2010, 11:24 AM
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Originally Posted by Pats2010 View Post
Went to the link but did not see that button to click. Sorry.
The link is right, but clicking on the link takes me to the top level page of www.thevillages.com.

If that happens click on the HOMES "tab".

Once you are on the HOMES page of the site, you will see where to click on the left....

Hope that helps
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Old 07-15-2010, 11:31 AM
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Default Link....

Here's the link directly to the PDF for the expenses. It will open a PDF file on your computer.....

http://thevillages.com/images/CostofLiving.pdf
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Old 07-15-2010, 11:35 AM
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Originally Posted by ajbrown View Post
The link is right, but clicking on the link takes me to the top level page of www.thevillages.com.

If that happens click on the HOMES "tab".

Once you are on the HOMES page of the site, you will see where to click on the left....

Hope that helps
That helps alot. I found it. Thanx.
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Old 07-15-2010, 11:37 AM
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Quote:
Originally Posted by Kelsie52 View Post
I am not a resident yet -I bought a lot in Buttonwood and am pending the sale of my home before ordering my new home. I think the numbers they list are as close as they can get from what I have found out.
Remember they are using a 250,000 home as the standard for the estimate.

The last entry I believe CDD is the bond ..Its paid off over 30years at a fixed interest rate. The Bond is determind by the type and number of homes in your development. For Ex. I am ordering a designer as I said in Buttonwood
My bond is $19.601 .

hope that helps a little ---I am not a expert on this but am trying to get things lined up for my move

If I am not correct I am sure others will let you know --lol

Good Luck
Is the last entry there the bond?
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Old 07-15-2010, 11:53 AM
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Originally Posted by memason View Post
Here's the link directly to the PDF for the expenses. It will open a PDF file on your computer.....

http://thevillages.com/images/CostofLiving.pdf
Great....I saved it to my Documents.
  #23  
Old 07-15-2010, 12:43 PM
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Cool Our limited experience so far....

Quote:
Originally Posted by taylor111947 View Post
This is the link to the Villages Page:

http://www.thevillages.com/homes/index.asp

Click on 'Check out how affordable it is to live in the Villages' on the left bottom.

I think I'm still confused. It sounds like the Average Taxes amount must refer to the Tax Bill received in Nov. and according to someone (sorry I lost the threads) includes the Bond payment (broken into 12 months).

But I think someone else said that the Development Distric Assessment was the Bond payment.

I guess what I need is more clarification on those two figures and where/if the Bond payment is included. Does anyone know what the interest rate for the Bond is? It sounds as if it is like taking out a thirty year mortgage for that amount.

Whew!
We closed in Apr on the 'historic' side. My bills so far indicate $135/mo...amenities, about $25/mo.....sewer, $25-40/water(gotta cut down my irrigation), HD cable (1 dvr) & internet... $80/mo (for 12 mo), Trash...about $15/mo (billed quarterly), electric (no gas) Budget @$102/mo. My insurance is escrowed (about 98/mo). Your Tax bill will be figured at the full assessment until you can apply for the Homestead credit in January. They also do not figure in any Mortgage payments. (not everyone has one) A lot of people just use cell phones instead of a land line or get the triple play (cable, phone, internet) bundles. The CDD assessment would be the Bond and is in addition to county tax bill and varies by district. Not all homes have them. Also have to take into consideration Vehicle registration, insurance, possible separate golf cart policy (keeps any claims off your homeowners policy). If a part-timer or unwilling or unable to maintain landscaping, Lawn and pest services which may range from $50-100/mo, or more, depending. Hope your eyes haven't glazed over yet. Grocery and entertainment costs, I think are fairly reasonable , in and around TV, depending on where coming from and your personal preferences. Overall, Do-able for the most part and worth it for the lifestyle and the people you'll meet. C'mon Down!
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Old 07-15-2010, 04:08 PM
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Did you get a shock when you registered your vehicle?
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Old 07-15-2010, 04:21 PM
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Originally Posted by bkcunningham1 View Post
Did you get a shock when you registered your vehicle?
That shock is yet to come. Didn't get around to it when we were down in June, so, gonna take that hit in Aug. Roughly figure $500, plates, reg, fees, Etc. Plus increased insurance cost with one less vehicle. Then there's the Harley to factor in. Not as bad but still not good. Oh Yeah, Driver's licenses for both of us, about another $100. Need to get a job at a cart shop so I can build me a cart.
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  #26  
Old 07-15-2010, 05:39 PM
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Quote:
Originally Posted by Kelsie52 View Post
I bought my LOT in Buttonwood in June --I was given 6 months to start building ----some lots they will give you a year....after the allotted time you need to start building and I was told approx 72 days later is closing --

I have to pay 2500 every 60 days then 20% of the total cost when I order the home ---
Ditto.

some are 3 months (golf), some are 6 months (less than golf but more than interior), some are 12 months (most interior). But as with all things TV - things can change
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Old 07-15-2010, 10:37 PM
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Originally Posted by Russ_Boston View Post
Ditto.

some are 3 months (golf), some are 6 months (less than golf but more than interior), some are 12 months (most interior). But as with all things TV - things can change
Actually I bought a golf course lot --got 6 months ----I think I could push it to 9 if I really had to --think its more how business is at the time you are ready -----
  #28  
Old 07-15-2010, 10:52 PM
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Quote:
Originally Posted by macro View Post
That shock is yet to come. Didn't get around to it when we were down in June, so, gonna take that hit in Aug. Roughly figure $500, plates, reg, fees, Etc. Plus increased insurance cost with one less vehicle. Then there's the Harley to factor in. Not as bad but still not good. Oh Yeah, Driver's licenses for both of us, about another $100. Need to get a job at a cart shop so I can build me a cart.

To get Fla vehicle registration you have to have vehicle insurance issued in Fla, to get Fla insurance you have to have a Fla driver's license (the insurance co will issue the insurance with the proviso that you furnish a copy of the Fla license within 90 days). You can get issued a "Fla Only" license and keep your out of state license if you want. Insurance cost was about the same as CA.

Costs have gone out of sight in the last few years. We registered a car in January 2008 - registration fee was $100 and Fla driver's licenses were $25.25 (like the song) each. My wife has our CA address on hers and I have the Fla address on mine!

.
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