Talk of The Villages Florida

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-   The Villages, Florida, Non Villages Discussion (https://www.talkofthevillages.com/forums/villages-florida-non-villages-discussion-93/)
-   -   New Bond Assessments (https://www.talkofthevillages.com/forums/villages-florida-non-villages-discussion-93/new-bond-assessments-355645/)

Altavia 01-07-2025 03:43 PM

Quote:

Originally Posted by Bogie Shooter (Post 2399442)
Where is there an 80k bond in TV?

The bonds the OP is referring to are in a different development in Leesburg/ Lake County, not the Villages.

https://www.talkofthevillages.com/fo...22-post17.html

Bogie Shooter 01-07-2025 04:44 PM

Quote:

Originally Posted by Altavia (Post 2399511)
The bonds the OP is referring to are in a different development in Leesburg/ Lake County, not the Villages.

https://www.talkofthevillages.com/fo...22-post17.html

Of course I knew that.
But the way pcntech posted it appeared he/she was inferring it was happening in TV.
Others are making the same mistake…….

Emkay56 01-08-2025 08:24 AM

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

QUOTE=retiredguy123;2399257]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.[/QUOTE]

asianthree 01-08-2025 08:44 AM

Quote:

Originally Posted by Emkay56 (Post 2399631)
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

QUOTE=retiredguy123;2399257]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.

[/QUOTE]

First and needs to be corrected the OP stated new home development, with 87k bond is in the Villages..

IT is Not Village Property.

Second VLS guys don’t receive commission on Bond, because it’s Not part of the home price, also build property the addition of a pool, there isn’t a VLS commission either.

So VLS could actually make more money on a preowned home. Usually the price tag is higher than new. So in our experience, since 2007, we requested preowned in certain villages and that’s the 100 plus homes we looked at, over the years. Not anytime were we pressed to look at new. It was our decision to buy 3 new because of future repairs and dated interior. Plus we really wanted to be with younger residents, hence the continued migration to the south

Birdrm 01-08-2025 08:48 AM

[QUOTE=Emkay56;2399631]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

Not always true, I bought a Courtyard Villa in 2022 well south of 44 and my bond was less than 15k!

psjordan 01-08-2025 09:41 AM

It depends on who you are and what you're up to
 
///

snbrafford 01-08-2025 09:54 AM

Buy pre-owned in older sections
 
Quote:

Originally Posted by retiredguy123 (Post 2399257)
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 01-08-2025 10:30 AM

Quote:

Originally Posted by Emkay56 (Post 2399631)
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 01-08-2025 04:06 PM

New Bond Assessment
 
Quote:

Originally Posted by LoisR (Post 2399245)
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. :rolleyes:


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