Talk of The Villages Florida - View Single Post - "No Bond" is promoted in home sales. But what's the real savings?
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Old 11-27-2023, 08:18 AM
Laker14 Laker14 is offline
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Originally Posted by charlieo1126@gmail.com View Post
I’ve sold 5 homes here in villages I did not pay the bond off on any of them .there are people who will try to offer you the price for the home after they deduct the bond those bids are quickly shot down . I’m not sure but I think the longest it took to sell one of my homes was about a month . it’s nice if you find a house with no bond but.I don’t think it’ll be much difference in price from one with the bond ,
From a seller's perspective, the seller has set a target for how many dollars they want or expect to realize from the sale of their home. In that case the presence or absence of a bond is immaterial.
From a buyer's perspective, the presence or absence of a bond just becomes one of the many pros or cons one considers when deciding if the home meets their criteria for purchase.
Very much like the counter tops, or the carpeting, or any other feature. If the house has counter tops that I know I will be changing, then I have to do the math and decide at what price I'd buy this house. The seller may or may not agree to lower the price because I don't like the counter tops. It all depends on how eager the seller is to sell, and how the seller evaluates the other chances of selling at a better price.
All of those logical steps we take when evaluating a potential home to buy apply to the existence, or lack thereof, of a bond.