FYI: ON JUNE 6, 2018, we closed on our new condo in a 55-plus community. The time had come to avoid the stairs in our three-story house. Moving after more than 40 years was quite a transition. Still, condo living is great—so much less house stuff to do or worry about. Eventually, our monthly expenses will be greatly reduced.
Notice I haven’t mentioned selling our house. That’s because we haven’t. The thought of cleaning out a house, closing on the sale and moving within a few days was beyond comprehension, so we did what any pair of sensible 75- and 79-year-olds would do. We took out a $600,000 mortgage to buy the condo, which we’d pay off when the house was sold a few months later.
Regards,
Ted
https://humbledollar.com/2019/05/money-pit-2/
