Talk of The Villages Florida

Talk of The Villages Florida (https://www.talkofthevillages.com/forums/)
-   The Villages, Florida, General Discussion (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/)
-   -   Bond payoff (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/bond-payoff-313438/)

manaboutown 11-28-2020 12:56 PM

Quote:

Originally Posted by Stu from NYC (Post 1867078)
Paying off a bond at 6% is also a guaranteed rate of return of 6%

Yes indeed if one remains in the home. If one then sells the home with a paid off bond it remains an open question as to whether the full amount of the bond payoff can be recovered in the sales price. Some say yes; others say no.


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