Talk of The Villages Florida - View Single Post - Pay off Bond or Not?
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Old 03-05-2013, 08:02 PM
JoeC1947 JoeC1947 is offline
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Quote:
Originally Posted by gomoho View Post
I would recommend you wait a few years to be absolutely, positively sure you are staying in that house. Many more before you thought the same thing, paid off the bond, and got into a new house with a new bond. If people were looking at 2 identical homes and the bond was paid on one they would probably choose the bond paid. Chances of that scenario happening are pretty slim and houses sell here quickly bond paid or not. Don't let that be your deciding factor.
OP,

Gomoho's post makes the most sense by far IMO. Think about it a bit. Even if you wait 2 years and pay it off you'll still have a huge saving and, be more secure with your decision.