Buy or Rent
Hello to everyone. My wife and I are planning our retirement which will start next year, possibly the year after. We have a 41ft fiver and we are going to the Ft.Myers area the first of April to look ...
Forum Discussion
I certainly wouldn't buy until after you've stayed in several different places. I've seen way to many people go buy something after they retire because they either thought it was a good buy or a good place to live before they've really done some looking around.
My old boss grew up in South Carolina and had a lot of fond memories of the place. Had been back about twice in 25 years. After retirement, they packed up and moved back. He got down there, found some land, bought it, interviewed builders, found some house plans and started a house.
About half way through the house being built, at which time he'd been back in SC for almost a year, he decided he couldn't stand SC at all. He put the unfinished house up for sale and left. Took a huge financial hit.
Slow down, go rent for a while and preferably, live in a couple of different places before buying.
Bill
My old boss grew up in South Carolina and had a lot of fond memories of the place. Had been back about twice in 25 years. After retirement, they packed up and moved back. He got down there, found some land, bought it, interviewed builders, found some house plans and started a house.
About half way through the house being built, at which time he'd been back in SC for almost a year, he decided he couldn't stand SC at all. He put the unfinished house up for sale and left. Took a huge financial hit.
Slow down, go rent for a while and preferably, live in a couple of different places before buying.
Bill
