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, 04:27 PM
Dilligas Dilligas is offline
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Quote:
Originally Posted by melpetezrinski View Post
"Simple question What is the average real-world saving"
Simple answer - $30,000
That is dependent on the current bond value. If the home is 15 years old, at least half or more of the bond will be paid off. If the homes are new....then the bond value is the difference.