Quote:
Originally Posted by jackz
With interest rates for Savings and CD's in the toilet, how is it that the interest rate on the bond stays the same at 7%???
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Herve...my advice is..
Don't pay it off because you may be moving. It keeps the price of your home sounding lower and everyone says this is just your first home in The Villages. I scoffed and laughed at that three years ago. but here we are in our second home here. Some people want more space and some people want less space but it is fairly cheap to move from one house to the other here in TV and many people do it. Just sayin'.
It is seven percent because it can be I guess.
We all have the same percentage of interest on the bond and many of us have just gotten used to it. (Or if you wish to rephrase that, swallowed it, accepted, looked over it, or some other such thing)
Our water bill for the first month on a lot larger lot than our last one and watering more for establishing lawn and greenery was $180. This is FAR less than water bill in Ohio. It may be far more than where others are coming from.
It is what it is.
When anyone moves from one geographic area to another there will be some things that are different, cost more, or less, require different clothes, sports equipment, means of traveling about etc. etc.
I think our water in Ohio cost more than in the areas of this country that are desert. Our taxes were VERY high compared to a friend who ended up living in Huntsville, Alabama....But our schools were wonderful. Our grandson said his first year of college was easy compared to the high school in our area. Some things will be better here and some things not so good, just like any area of the country, I guess.
It is what it is.
And as anyone who reads this forum knows, we just love it here.
Hope you will too.
Hugs.
Gracie.