[zcaveman]

If you pay off the bond and then sell the house, you can include the bond cost in the price of the house. While the house will be more expensive than others in the area, there is an incentive. The new buyer will have the bond cost included in the mortgage and will be able to get a legal tax deduction on the mortgage interest since the bond is no longer separate. I am sure that a Realtor would pitch the benefits of buying without a bond correctly.

When I paid my bond off, the person I gave the check to said to add the bond cost to the value of the house. But then it was 2001 and the bond was only $6000.