Talk of The Villages Florida - Rentals, Entertainment & More
Talk of The Villages Florida - Rentals, Entertainment & More
#76
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The bond is an opportunity? As i see it, the real opportunity involving the bond is to do what we did. We took advantage of an opportunity to buy a pre-owned home with a bond balance of zero : )
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#77
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AFAIK, not intuitive but there is no evidence having a bond impacts the sale price of homes. If there were, there might be rational to reduce the tax value of the home by the amount of the bond.
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#78
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And a massive bond at humongous 6% interest rate It may be better for us to clear it up front at that rate as UK savings rates are at best 0.5%... It did re-ignite the discussion New down South or Old up North. |
#79
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#80
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Of course you realize the previous owners probably set a sale price that included them recovering some or all of their bond. Look at it this way: Two identical homes right next to each other, let's say intrinsic worth of 300K each. One has a 30K bond, the other none. What do you think the sales price would be for each?
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#81
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In other words, both houses (given that they are essentially the same) would most likely be priced almost the same (primarily based on SF/# of bedrooms/garage size/Etc.), even though you're paying more overall...for the one with the bond balance. |
#82
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Balanced, diversified investment funds are earning 2-3 time more than that currently in the US.. |
#83
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Must add the monthly admin fee to get a true effective rate on the bonds. Plus Must take into effect the tax impacts on both sides. Now you have a more accurate analysis.
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Identifying as Mr. Helpful |
#84
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They will end up near Orlando if they keep this up.
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#85
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If you know of a balanced fund that is paying 8-12%, long term, please share
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#86
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Just a little holiday humor |
#87
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And where are all the golf courses for all these new homes ???
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#88
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- not to mention, a much smaller bond payment.
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Annie66 NY, IL, RI, VA, RI, FL, VA, SC, London UK, HI, NY, PA, MD, NC, SC, The Villages (Professional Vagabonds) |
#89
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We currently live in Desoto. They are building in Deluna now and then will start on chirpy chatty (44 & 468). Have drove through Deluna weekly and my concern buying there would be the close proximity to the turnpike. You can hear the traffic. If you can hold off I would wait for chatty chatty.
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#90
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- I've often said in kidding that in 10 years, Orlando will be a suburb of The Villages. I'm not so sure that is a joke anymore.
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Annie66 NY, IL, RI, VA, RI, FL, VA, SC, London UK, HI, NY, PA, MD, NC, SC, The Villages (Professional Vagabonds) |
Closed Thread |
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