Quote:
Originally Posted by Altavia
Check the comp's for comparable homes with and without bonds.
When we bought, there was no difference in purchase price.
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The purchase price can be the same but 1 house may still have a bond to pay so the bond is. An additional charge on that house that carries over to the new owners.
Bond paid means no additional charge.
So on a $300,000 house purchase with a $25,000 bond is actually 335,000. The one without the bond is just $300,000.
The bond have be paid upfront though. It can be paid yearly with your taxes