Talk of The Villages Florida - View Single Post - Bond Issue
Thread: Bond Issue
View Single Post
 
Old 10-31-2019, 03:03 PM
Tom C's Avatar
Tom C Tom C is offline
Senior Member
Join Date: Dec 2017
Location: Pine Hills, recently arrived from Alaska!
Posts: 304
Thanks: 8
Thanked 41 Times in 21 Posts
Default

I have ALWAYS SAID that the bond amount should be ADDED to the asking price. That is the ONLY WAY to compare apples to apples when looking.

When we purchased a home, the bond was 100% paid off. As a prudent buyer, ALWAYS DISCOUNT THE OFFER by at least the amount of the bond (then additionally whatever you feel is prudent to make the offer remain attractive to the seller).

Be an educated buyer or be a sorry buyer - your choice.