Real Estate

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Mikey April 23, 2014 at 07:31 am
Buying a house allows you to eventually own it outright, hopefully in time for retirement. I am inRead More that position now - my house is paid off, we are living in it for about $600 a month (taxes, sewer, water). When we are both retired we can sell and move into something smaller somewhere cheaper and use the difference for savings. My daughter just moved into a small house from oakwood village. She went from a 2 bedroom apartment to a 3 bedroom house and is paying less for the house than her rent had been - and the rent was going up every year. If you don't mind the extra maintenance it is a better deal than renting.