Quote:
Originally Posted by graciegirl
I have THIS to say about the pesky bond. If you just kinda think of it as part of the price of the house it is easier to swallow. For instance, I think you can buy a Camellia for about 230K and add about 20K for the bond. You can either pay it off when you buy or pay it yearly. We were advised to pay it yearly because YES, you will sell that house and buy again because you will know a little better about wanting A. A bigger house, B A smaller house, C on water, D, not on water etc. etc. It is easier to move in TV, people do it all of the time.
Now Just think that your new, or used Camellia costs 250K and get on with it. Add more money for a view, or privacy, subtract if you want a smaller house and add if you want a bigger house. It doesn't matter a whole lot or not at all in price if the house is north or south of 466. The older houses have things added to them that you may or may not like.
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Gracie, that's a good way to price homes in TV. In my area, if you go to a real estate auction and are the final bidder, at say $300,000, you must pay a buyers premiun of 10%.The house actually cost you $330,000, i HATE those buyers premiuns.Art auctions really kill you with their commission rates, but it's the same principle, final bid price is not your final cost.The contract price of your home in TV is not the final price , add the bond to get the REAL price of your home .