Quote:
Originally Posted by Odysseus
Don't forget the BOND on the new properties (and newer resale properties). It isn't included in the advertised price. Bond runs to five digits now.
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Why would anyone forget about bond. It's part of the cost of the home. You can pay a bond or have a higher priced house if they include it in the selling price. Either way you're going to pay for it. The older homes with bonds paid off are priced accordingly so you are still paying for it just part of the selling price of those older homes, homes that may well now need a lot of replacements or repairs. The choice is there to be made, pay it now or pay it later but you're going to pay it in the end.