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Old 08-22-2007, 04:11 PM
Indy-Guy Indy-Guy is offline
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Default Pay your bond or not?

Let me know what you think about paying off the bond?

My thought is not to pay the bond at least right away. I see homes that are advertised with bond paid and they are higher than those that the bond is not paid on. It sure makes since to get your bond money back if your selling. But if I paid my bond off and then I decided to sell my home and one just like mine (with a bond) in the same neighborhood is for sale at a lower price which one would you buy?

My thought is wait a while then decide if your here for a long time (a frog) and know that you don't want to sell then it might make sense to pay the bond off. But why pay the bond off and then try to get your money back when you sell. I know it will cost some interest but that may be worth it rather than trying to recoup your money.

Many people are on their 2nd and 3rd home in The Villages. I may want a larger home in a couple of years and that seems to be the trend for people who move within The Villages as they realize that they down sized to far.

Pick me apart because I want to know if my thinking makes sense.
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Anderson Indiana---Indianapolis Indiana--- Village of Poinciana Full Time