Quote:
Originally Posted by Altavia
I know it's confusing but Bonds are not loans. They follow the property, not the buyer.
I said the bond is "effectively" a deferred tax. That paid for a corporate bond financing infrastructure. Similar to a government bond financing schools and roads.
Unlikely any financial advisor would recommend paying it off given only a small percentage of buyers would consider it on a purchase decision.
Doubtful any one here will live long enough to pay it off with annual payments.
But of it makes someone feel better to give part of their heirs inheritance to a stranger, go for it.
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If one feels they will do better by not paying off the bond early but investing the money for a better return than paying on the bond no reason not to