I just want to know: "What is the average real-world saving on a property with a bond vs. no-bond?"
Can anybody please answer this question honestly? My assigned realtor can't or won't.[/QUOTE]
Several good answers already...but...IMHO homes with bonds paid off are a better investment for several reasons. (1) You don't owe more on your annual taxes. (2) Those homes are generally a little older and previous owners made sometimes significant improvements that you obtain for less that the cost of the improvement. (3) The landscaping is probably better in a home and in the area with the bond paid because it is more mature. (4) Generally, homes with paid bonds will have better shopping closer because those homes are in a more mature area, generally. (5) If you are a golfer, you'll appreciate the proximity of more courses around homes that have bonds paid because they are likely north of 466a.
This all adds up to value that sometimes can't have a dollar value but still is valuable to some buyers.
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