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?
View Single Post
 
Old 11-29-2023, 07:58 AM
Topspinmo's Avatar
Topspinmo Topspinmo is online now
Sage
Join Date: Dec 2012
Location: Somewhere over the rainbow
Posts: 15,107
Thanks: 7,593
Thanked 6,250 Times in 3,222 Posts
Default
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

So you like paying interest. Most of us don’t.