Quote:
Originally Posted by fastboat
Just a suggestion. Take out a home equity loan and pay off your bond if you plan on staying put. At least you will be able to write off the interest on that loan. You can't write off the bond payment which, if you go the whole 9 yards is really about twice the amount. Word of caution, if you're not sure about staying put, DON'T pay off your bond. You will NOT get that money back when you sell, no matter what anyone tells you.
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Very good advice. Nobody said to me "living in The Villages is "cheap". However, the term "cheap" is relative. I had a good friend (passed a year ago) who used that term "everything is relative" all the time. We get a retirement lifestyle that is second to none for what we pay in taxes, bond and amenities here in The Villages. When I add it all up, it's still cheaper than my taxes in Illinois. Everything is relative!