Talk of The Villages Florida - View Single Post - "No Bond" is promoted in home sales. But what's the real savings?
View Single Post
 
Old 11-27-2023, 11:20 AM
Pat2015 Pat2015 is offline
Senior Member
Join Date: May 2016
Posts: 282
Thanks: 562
Thanked 292 Times in 140 Posts
Default Bond payoff

Quote:
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 ,
I’ve bought 5, and sold 4 houses in TV and I’ve never paid off the bond. Paying off the bond does not increase the appraised value of the house. All things being equal if there were 2 houses that I had interest in I might opt for the one with no bond, but there’s not many of them out there unless you want to be far north, and I prefer the Brownwood area.