Quote:
Originally Posted by bkcunningham1
For what it is worth, I found this blog from a realtor who deals with TV and I think it is very helpful in understanding bond and other issues in TV. I think the information is correct. If someone reads it and disagrees, enlighten me please.
In her blog, she states why realtors don't recommend paying off the bond, "We do not recommend paying the bond off. The main reason is the fact becauswe cannot resell your home for X amount higher than other homes that are on the market at that point just e you paid the bond off."
http://activerain.com/blogsview/1484...ult-community- |
If I were selling my home and the Realtor told me "we cannot resell your home for X amount higher than other homes that are on the market at that point just e you paid the bond off." I would look for another Realtor.
There is a lot of confusion and misunderstanding about the bond issue among those of us who live here. So, I presume it is even more confusing for for the first time buyers. If I were to put my house up for sale I would advertise it as "BOND PAID" then I wouldn't have to announce, "By the way, my selling price does not include an extra $XX,XXX.XX".
Any Realtor worth his/her salt should be able to handle the sale of a home whether or not the bond is paid off.