Quote:
Originally Posted by Papa_lecki
So buyers don’t consider the fact that buying an asset, has an additional $0/15,000/$35,000 liability?
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Actually, I don't think the appraiser and the mortgage company factor in the bond when determining the amount that can be borrowed. Also, if you are listing a house with a bond, the listing agent will definitely tell you to not pay it off. Note, that when you buy a house with a bond, you can pay it off or not. But, when you buy a house without a bond, you can't add a bond. So, buying a house with a bond gives you more options. If you are going to sell your house within a few years, there is no doubt that you will benefit by not paying off the bond.