Bonds on a new home can be 30 to 40 thousand dollars can be paid over 30 years. That's one reason to tell people they are selling their house that has no bond. Say you are looking at a house with a sales price of $450,000 and you know your max that you can afford to pay for a mortgage will max out at $450,000 well then you need to shrink your home sales price down let's say $40,000 to cover the bond that you will have to pay. That's in addition to the monthly HOA fee that can run a few hundred dollars a month forever and will go up with the CPI.
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