[katezbox]

Originally Posted by mrdills

I have been here for 13 years and I have seen alot of growth, but the main issure has been the bond issue and I suggest you to discuss this with your sales person. The new houses could be a frog strangler. If you look at a older homes you will most likely not have to pay off a bond issure. I negotiated with the seller and had them pay it off before I bought the house. Look around and you will be supprised to find there is alot of nice houses out there and the prices are right without paying 18K for a bond.

The bond is nothing more than one more cost - if you are comparing prices for new to pre-owned, I would add the cost of the bond to the new. In some cases you will find the pre-owned (with a lower bond or none at all_ offer better deals. In others you will see that the "paid off" bond has actually been factored into the asking price and that the new home offers a better value.