Quote:
Originally Posted by Tvflguy
Perfectly said IMO. We paid off our bond 2 years ago on our now 8 year old home. Got tired of having to pay it yearly along with the interest. We’re not concerned re the house sale, whenever that is, after we croak. It will be in the kid’s hands and bank accounts. We do believe a no-bond is a good sale incentive and getting $$ in return.
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Two very experienced real estate agents answred that for me after we moved in.
Both said do it if you plan on spending the rest of your life here but you will not recover the total cost of the bond if you sell in the next few years
Since we might move to a larger house we still pay yearly