Hey Tim! You're right. Those are only single wide doors. I looked at the floor plan and they're calling them 1 car plus golf cart but it's because they're fitting them tandem. So if your car is in the garage, you're not getting your cart out because it's in front of the car instead of beside it.
The key to know about the bond is that you have 2 choices. Pay it off completely, or pay the annual amount plus fees. What you cannot do is send in extra payments, earmarked for the principal to shave off the principle like you can on most regular mortgages. I also believe you can't deduct non ad valorum taxes from your federal return. That makes it better to take out a home equity loan or some other kind of loan where it may be deductible and you can send extra to principal.
Smaller garage size, and in comparison to what was offered in the past, they no longer provide a sink in the garage, blinds, a bathroom medicine cabinet, washer and dryer and ceiling fans. Shrinkflation for sure.
Good video. Thank you for explaining the bond amounts. Happy New Year!
Happy new year
Hey Tim! You're right. Those are only single wide doors. I looked at the floor plan and they're calling them 1 car plus golf cart but it's because they're fitting them tandem. So if your car is in the garage, you're not getting your cart out because it's in front of the car instead of beside it.
Thank u
The key to know about the bond is that you have 2 choices. Pay it off completely, or pay the annual amount plus fees. What you cannot do is send in extra payments, earmarked for the principal to shave off the principle like you can on most regular mortgages. I also believe you can't deduct non ad valorum taxes from your federal return. That makes it better to take out a home equity loan or some other kind of loan where it may be deductible and you can send extra to principal.
Yes correct
Thanks for the advice. I wasn't aware that we can't deduct non ad valorum taxes from the federal return.
Nice sharing 🎉
U welcome
Shrinkflation: will you compare these garage sizes to previous patio villas? 😮
These are newer model patio villas, with smaller garages
Smaller garage size, and in comparison to what was offered in the past, they no longer provide a sink in the garage, blinds, a bathroom medicine cabinet, washer and dryer and ceiling fans. Shrinkflation for sure.
@pietrinabravata3474 thank you
How many bedrooms are in these villas Tim? Thank you.
Most of them are 2 bedrooms
Do you own your lot in TV? Or is it a long term land lease?
You own lots here
Why do people not pay the same per house for the bond? The infrastructure is the same no matter what the house size is. 🤔🤔🤔
They allocate the costs by neighborhoods, so different neighborhoods have different bond amounts, I believe they allocate by # of acres