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Old 04-24-2011, 05:18 PM
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Pturner Pturner is offline
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I agree with Coach. It would make sense to may the high-interest bond unless you think you will sell in a few years.

Many people in TV move a couple of times within TV. They either find they want a bigger or a smaller house, they like or don't like the direction the lanai faces, they want a bigger garage, want to expand a room that can't be expanded on their particular lot, find they frequently like to shop or golf or whatever closer to different part of TV or for any number of reasons.

With that in mind, another thought might be to bank the savings for at least a year or two to see if you think your first home here will be your last.

That said, I really don't think it's "wrong" to pay off the bond. Being able to sell your home bond free is a plus.