Agree with Laceylady...I dont know what Keepingitreal is talking about.
If you pay the bond off say within the first few years of ownership and then for whatever reason have to sell shortly after you paid the bond off,you will not, in most cases, recoup the cost of the Bond in the sale of the house.
To someone new to TV buying a house, it is bery difficult for them to rationalize why one house is priced at $300k and the other..identical house identical type of lot, is priced at $320k (bond paid)......which one do you think will sell quicker?
|