Quote:
Originally Posted by KRM0614
Yes be careful and make your choice slowly! Looks like the interest rate is 8% that’s why the sales staff is coached to tell you not to pay off the bond it’s another revenue stream. But please realize after you pay it off they still bill you a line item called HOA ! You can never get rid of it and I think you really never own your home outright it’s SS if there’s a stranglehold on you. Good luck !
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Interest rate on our bond is 4.25%. The lady I spoke gave me info and did not attempt to sway me on way or the other.
No idea what HOA is.