[psjordan]

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[snbrafford]

Originally Posted by retiredguy123

OP, it looks like your figure is correct. The bond amount for a typical single family house in Cypress Reserve is estimated to be $87,408.62, and the annual bond payment to be $8,348.69, to include principal, interest, and the admin fee. As to how many people can afford it, I assume that a lot of people will be able to afford it.

Another reason to look at pre-owned homes in almost any "older" section that had a lower bond in the first place and may be paid off or at least paid down. Additionally, previous owner(s) will probably have made some desirable upgrades.
We bought in Bonita but did not pay off the bond thinking that we would relocate within TV and have yet another bond which did happen. We just figure the bond payment as a monthly increase to the mortgage payment which it actually is.

[Bill14564]

Originally Posted by Emkay56

I can't believe how many people are purchasing down south when the bonds are so much higher than buying an existing home north of Hwy 44. No wonder Villages sales agents tend to push people down there first before showing them existing homes.... there are so many existing homes for sale in the developed areas as well as more shopping, restaurants, activities, entertainment, better landscaping, etc. It's a no brainer in my opinion to buy north of 44

Different buyers, different opinions, all equally valid.

[flsteve]

Originally Posted by LoisR

Just read two articles in today's Daily Sun about two new Village developments to be built (Bellaviva at Whispering Hills and Cypress Reserve).
Both have posted yearly assessments of over $8000 for a single family home.
Am I correct in this figure?
How many people can afford this?

Dang. I got excited when I read the title at first!

In my assessment, Sean Connery was the best, followed by Roger Moore and Pierce Brosnan. I never got into Daniel Craig. Just MY assessment though.