Talk of The Villages Florida - View Single Post - Bond Issue
Thread: Bond Issue
View Single Post
 
Old 10-29-2019, 09:46 PM
twoplanekid's Avatar
twoplanekid twoplanekid is offline
Soaring Eagle member
Join Date: Oct 2014
Location: born Urbana,Il lived in Urbana Ohio for 65 years a house in Lake Deaton
Posts: 2,065
Thanks: 6
Thanked 752 Times in 314 Posts
Default
Quote:
Originally Posted by Challenger View Post
An existing bond is considered part of the total consideration for the property. Any appraisal indicating otherwise is erroneous.


When I financed the purchase of our new house in TV in 2014, the appraisal value and the bank financing value did not include the existing bond on the house.