Talk of The Villages Florida - View Single Post - "No Bond" is promoted in home sales. But what's the real savings?
Thread: "No Bond" is promoted in home sales. But what's the real savings?
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Old 11-28-2023, 08:39 AM
Pat2015 Pat2015 is offline
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Quote:
Originally Posted by Travelhunter123 View Post
In theory the price of the home where the bond is paid off should be higher than a home still has a bond. In actuality my realtor advised me not to pay off the bond as the resale values seldom reflect the full value of the bond payoff
That’s why I’ve never paid off the bond on any of the houses I’ve purchased in TV. Paying off the bond does not increase the value of the house.