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Originally Posted by F16 1UB
Oh BTW I need another 32K to close the deal? WHAT? You weren't aware that the area had a bond? I know unless you're in the "Historical District" that bonds are common knowledge. Talk about a rude awakening. Geez
Steve
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You DO NOT have to pay the bond... Save your money and just pay the annual interest of 6% or so. A paid bond is a lot like swimming pool.. you do not get back what you paid. It does make a home more salable. EXAMPLE two homes in the same neighborhood same features etc.. Bond Paid vrs Non Paid price may be a few thousand better on the PAID..but it won't be $20K............................. PLUS the average person moves 3 times in The VIllages... Make sure you have found the last home and then you might consider paying off the bond.
GOOD LUCK