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 11-29-2023, 07:22 AM
Laker14 Laker14 is offline
Sage
Join Date: Dec 2008
Posts: 2,611
Thanks: 2
Thanked 2,921 Times in 1,059 Posts
Default

I'm not sure I buy the argument that if you buy a house that is old enough to have the bond paid off you are going to pay more for maintenance. It is quite possible that the house with the bond paid off has already gone through the stage of life when the HVAC, roof, and water heater, as well as the kitchen appliances, have been replaced.

Perhaps, more than once.

Also, it is not unusual for the home to have been modernized decoratively. More than once.