Quote:
Originally Posted by Tmarkwald
The bond dropped from 30k?
When did that happen?
|
As I regularly state, when talking money, people rarely state the truth.
For me, my truth is about that much.
An endless debate. Pay off the bond or not. We bought about 9 years ago. Our bond was, as I said about, 22,000 and the interest was 5%. My view and I'm not expert. At the time we bought our home mortgage money was 3.5%. The bond should be in the price of the home. If, your home is 350,000 with a 22,000 bond it is 372000. A bit of slight of hand. A deal at 350,000 only problem is you are paying 372,000 for it.
PEOPLE-they have always been the same. If, someone else did something and it was wrong they scream what a fool he is. If, the other person makes money by doing what they screamed he was a fool for doing they want to steal part of his gain and call it taxes.