Quote:
Originally Posted by CoachKandSportsguy
The buyers reimburse you for any or all of the bond paid off through price appreciation of a higher priced house, at market value, over the house cost you paid plus the bond you paid. The particulars of the house has a signficantly larger impact on the market value than the bond. But the willingness of the buyer to pay your price may be influenced by whether there is a bond or not. Most likely, when the market value of two equal size and designed and located houses are the same, the house without the bond will sell faster, but that does not factor the uniqueness of the buyer. Buyers can be irrational as well as sellers, being humans of course.
sportsguy
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To go back to economics 101 you are assuming for the most part a very efficient market where all the buyers and sellers have complete information and act rationally.
Real life is never that simple and is often rather messy.