Talk of The Villages Florida - View Single Post - Bond Payoff
Thread: Bond Payoff
View Single Post
 
Old 07-21-2011, 10:00 AM
GeorgeT GeorgeT is offline
Senior Member
Join Date: Nov 2010
Posts: 495
Thanks: 0
Thanked 0 Times in 0 Posts
Default

Quote:
Originally Posted by kofficer View Post
and while we are on this subject, as I am going to be looking at resale homes, if a bond is paid off, it is an incentive for me to look at that house, but, will the houses appraise for that additional amount if you are looking at getting a mortgage?? Just something I have been wanting an answer to.

Lee and Richard in Tampa
The bond has nothing to do with the appraisal. The appraisal is based on the value property.