Quote:
Originally Posted by retiredguy123
True, but, in most cases, the buyer is not willing to pay the bond principal.
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that is not not what happens ,like I said before, you may have someone bid subtracting the bond but you don’t accept it , most buyers who want your home will pay the price with the bond. The longest I lived in any of the 5 homes I sold in villages was about 4 years so I owed most of the bond . The last home I sold was about 2 1/2 years ago so the market has changed somewhat , I’mi in my first preowned home in villages now , the house had no bond , but it sold for the same price as comparable models ,so the sellers gained nothing by paying it off and I would have bought this home with a bond anyway