Talk of The Villages Florida - View Single Post - "No Bond" is promoted in home sales. But what's the real savings?
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Old 11-26-2023, 08:12 AM
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Challenger Challenger is offline
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In fact, there was a difference in price. If comparable houses with and without bonds were sold at the same price, the actual consideration for the "Bond" house was higher by the amount of the bond.

A statement that the price is the same is a sales agency subterfuge. A house with a bond in essence has a lien superior to a mortgage and is a preferential claim on your equity.

Pose the question to a CPA, a Certified RE Appraiser, and then to a RE sales agent.
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