In other similar threads several respondents advised not to payoff the bond upfront but contrary to their wisdom, at closing time we did pay cash for the home and paid off the bond as well. There is a certain sense of security knowing our only cash outlay is for insurance, taxes, amenity fees and regular monthly expenses. First time in our lives we haven't had a mortgage and it feels great!!!! Now the only things I worry about are:
1. the Red Sox making the post season
2. improving my golf score
3. finding my way home after happy hour.
