Talk of The Villages Florida - View Single Post - "No Bond" is promoted in home sales. But what's the real savings?
Thread: "No Bond" is promoted in home sales. But what's the real savings?
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Old 11-27-2023, 06:24 AM
Laker14 Laker14 is offline
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when I was house hunting, I looked at the existing bond as part of the price.
House A: asking price: 350K, Bond 10K, total cost to buy= 360K

House B: Asking price: 350, Bond-0K, total cost to buy= 350.

My agent told me not to consider the price of the bond. Said it didn't matter. I asked him if he would like to pay it for me then since "it doesn't matter"...he declined to do so, which made me think "maybe it matters"...