the bonds pay for the infrastructure of your area....some builders add this cost to the price of the home and you would just have it added to your mortgage....in TV they have a unique way of making more money... you can pay your bond over 30 years and in most cases pay more than 2 times what your original bond was. Something to consider on paying it off would be your age....I move into TV at age 50 so I thought if I'm around another 20/25 years it was better to pay it off 1st year
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