Pay off the bond or not??
I've just moved into a new house in Hadley....the bond is $20,000. I was advised by a friend who has a financial background not to pay off the bond for five years. They felt at that time I would definitely know if I was staying is this house or not and would probably not be able to retreive the $20,000 back if I sold before then. Recently I was at dinner with a friend that stated she was going to pay off her bond so that she wouldn't be wasting her money on the interest each year. I'd love to hear comments from those who have paid their bond and those who have not...
Thanks, Charlee
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