Quote:
Originally Posted by tophcfa
It’s not rocket science. Add the principal amount of the bond to the price of the house. It’s money the homebuyer is obligated to pay, unless they sell the home and pass on the remaining unpaid obligation to the next buyer. If two identical homes are priced the same but only one has a bond, it’s a no brainer, the one without the bond is a better value.
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True, but, in most cases, the buyer is not willing to pay the bond principal.