Quote:
Originally Posted by Pat2015
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.
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But a paid off bond does increase the value of the total purchase (or net value of the house if you prefer).
With enough things being equal I would certainly purchase the home that no longer carried the bond. Of course, it is usually the case that not enough things are equal.
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Why do people insist on making claims without looking them up first, do they really think no one will check? Proof by emphatic assertion rarely works.
Confirmation bias is real; I can find any number of articles that say so.
Victor, NY - Randallstown, MD - Yakima, WA - Stevensville, MD - Village of Hillsborough
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