Thread: Paying off bond
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Old 04-21-2017, 07:24 AM
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RickeyD RickeyD is offline
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Quote:
Originally Posted by Sandtrap328 View Post
If a prospective buyer has two identical homes to choose from selling at the same price and one has a $15,000 bond on it and the other has no bond - which will the buyer choose?



I purchased a resale with no bond 8 years ago. Perfect home on a golf course. Several friends purchased new homes at the same time with $23,000 bonds. They had to buy items already in a resale like more landscaping, gutters and downspouts, and had less desirable lots.



Resales are the way to go.



Maybe the guy who thinks he lost another amenity will sell his?


If and only if both houses are virtually identical in a virtually identical neighborhood located in a virtually identical location. If I liked the house with a bond more, I'd buy it.