Why is the bond the same for new area?

Why is the bond the same for new area?

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  #71  
Old 10-22-2019, 11:19 AM
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Chi-Town Chi-Town is offline
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The preowned house I bought had the bond paid. It was mentioned on the blurb sheet, but the agent never mentioned it. Since not being acquainted with the bond process I didn't think much about it and did not consider it when making an offer. So I would guess that paying off your bond early won't be much of a consideration on the sell price to the buyer.

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  #72  
Old 10-22-2019, 11:30 AM
bilcon bilcon is offline
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A mere pittance. You're right "only" was a bad choice of words.
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  #73  
Old 10-22-2019, 11:36 AM
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Quote:
Originally Posted by Kilmacowen View Post
I don't have a bond but this bill looks like 30 years, 2007- 2037
Yes I just bought this year, and the price I offered reflected the bond balance and that I will update the appliances.

I appreciate the thoughts about the bond being paid off.

What I wasn’t sure of was the SECO transformer at the back but I took my EMF measuring machine and the house is very low.
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area, bond, increase, 25%, stayed

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