Quote:
Originally Posted by Jack&Pam
Congratulations !!!
New Neighbors
Could someone tell me the cost of the bond in Pennecamp and what the monthly payments will be over the 30 years.
Thanks in advance.
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Depends on what type (not purchase price) home you buy. For instance, all Designers in the same CDD (Community Development District - usually 3-5 Villages all built around the same time) have the same bond. All Courtyard Villas (regardless of whether 2 bedroom on smallest lot or 3 bedroom corner lot) have the same bond, etc. I am not sure whether patio villas have the same bond as CYV neighborhoods nor am I sure whether or not Cottages (which have replaced ranches, I think) have the same bond as Designers or not.
The bond, as I understand it, is based on the density of the type of neighborhood (i.e., average lot size for that type neighborhood, or in other words, how many homes of that type per acre).
Do a search and you will find a wealth of info. Also, once you get a real estate agent, you can ask specific questions.