Quote:
Originally Posted by Veronica
The bond on a TV house is not billed upfront when you buy a house. The principal (and interest?) is billed with your property taxes and takes about 10 years to pay off. It is not a good idea to pay off the bond upfront, because if you ever need or want to sell your house you won't get your money back. This is my understanding of TV bonds.
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your conclusion is quite debateable. One size clearly does not fit all. I paid off our bond and am quite sure thet it was he right course with my personal financial and life situation.