[Rag Bagger]

Is that it doesn't carry good value for a potential buyer if you sell before the end of the 30 year bond. Most buyers never look at the Bond and will only look at the listed selling price. Not all but most.

If you try to sell your house in say 4 years and add the paid bond cost back into the selling price, you may never get that number. It automatically kicks your house up 15 to 20K on the look up tables and may eliminate a potential buyer. Buyers say they look at the bottom line but totally forget about the bond. Again not all but most.

This is a big problem in my view and one of the things that really sets me off about the sales methods for TV. I know the house really costs $20,000 more than the listed price but it is really suprising so many buyers just gloss over the Bond issue. The realators always say, oh you just pass it on to the next buyer. They are right. So the question becomes will you sell and move in the next few years. If you don't you pay an expensive bond at high interest rates for 30 years. If you do sell and have paid off your bond, you may never recoup the bond cost.

Classic between a rock and a hard spot.