Talk of The Villages Florida - View Single Post - Pay Off Bond or Pay Down Mortgage?
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Old 04-15-2021, 07:41 AM
DAVES DAVES is offline
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Quote:
Originally Posted by jerseyclone View Post
Payoff bond , my interest rate was 7% plus a maintenance fee of $90/year. The villages is getting rich off this scam.
That is interesting. We bought 8 years ago the interest on the bond was 5%. If, you are were paying 7% it is no question, I would pay off the bond.

People who say you will not recover the value of paying off the bond when you sell, need to find when you sell a quality broker. This home comes with a pool which would cost you xxxxxx, landscaping that would cost you xxxxxxx, tiles that would cost you xxxxxxx,
THE BOND IS PAID OFF that would cost you xxxxxxxxx