Quote:
Originally Posted by retiredguy123
That's true. But, many buyers are not "savvy". So, as a seller, if you have not paid off the bond, you can offer the house at a lower price and a non-savvy buyer will buy it. That is the advantage of keeping the bond.
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That is how we think. Our first home was paid for here. This one is too. We can't imagine leaving it, but always poised for the next step. We didn't pay off our bond for that reason.