Talk of The Villages Florida - View Single Post - The Bond
Thread: The Bond
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Old 09-13-2011, 12:13 PM
JoanNem JoanNem is offline
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Quote:
Originally Posted by Tiger Lady View Post
I was always taught you should be debt free if at all possible. PAY IT OFF!!!!
Quote:
Originally Posted by GeorgeT View Post
The bond generally has a high interest rate which you cannot write off. If you plan on staying in the house then I suggest you pay off the bond. If you do decide to move after the bond is paid you can use the fact that the bond is paid off as an incentive to perspective buyers.
I like the way you think George. I am really beginning to think, that paying off the bond is a very good idea. Thanks everyone for your help.