Talk of The Villages Florida - View Single Post - Bond payoff
Thread: Bond payoff
View Single Post
 
Old 11-26-2020, 09:38 AM
OhioBuckeye OhioBuckeye is offline
Sage
Join Date: Sep 2015
Posts: 2,543
Thanks: 1
Thanked 552 Times in 423 Posts
Default Ohiobuckeye

Quote:
Originally Posted by retiredguy123 View Post
I hate debt, but I have not paid off my bond. I think the biggest disadvantage to paying it off is that you will lose money when you sell the house. You will not be able to convince a buyer to reimburse you for the money you used to pay off the bond. And, very few people actually know how long they will keep their house before selling.
That’s exactly what I thought & why I didn’t pay my bond off!