Talk of The Villages Florida - View Single Post - Bond payoff cutoff date is July 18 2025 for this year
View Single Post
 
Old 06-28-2025, 08:06 AM
Altavia Altavia is offline
Sage
Join Date: Jun 2019
Posts: 4,560
Thanks: 1,928
Thanked 3,495 Times in 1,672 Posts
Default

Quote:
Originally Posted by Topspinmo View Post
It’s debt if you have to make payments and there interest charges.
The distinction many seen to miss is unlike a mortgage, the bond a debt than transfers to the next buyer when the home is sold.

Paying it off early is likely to be a gift to the next buyer. Especially during a buyers market where for sale inventory is high and prices are dropping.