Quote:
Originally Posted by Tom C
PS - as a buyer, I ALWAYS add the bond to the asking price of the house when comparing homes for sale. I believe (its just how I do it) that the bond amount should ALWAYS BE CLEARLY STATED in homes for sale. It is in fact, part of the capital amount you are or may be financing (directly or indirectly).
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It is my belief that the bond amount is
not included in bank financing calculations and not included in an appraisal value. I base this on my experience financing my Village home purchase in 2014.