Quote:
Originally Posted by Pmount
I was told annual maintanance fee of the $550. Spell checker got me! I thought the bond and taxes were very high so have stopped looking. Good point about Silver Lakes, not sure I wanted to live there but if no bond it might help. Have not been interested enough to get all the cost on one of those.
|
I think you're very wise to consider all related costs before jumping in. It's not just the bond principal...be sure to ask for the Amortization schedule so you can see how much you'll pay for interest and admin fees over the years if you don't pay it off. It's quite an eye opener. Interest rates have gone down somewhat, but ours was 6.125. Pretty hefty.