Q&A: I RENT A CONDO FOR 650.00 PER MN. I AM 75 YEARS OLD I RECEIVE 1300.00 IN SS I HAVE 135,000.00 IN SAVINGS @ 1.5 FROM BANK WOULD I BE BETTER OFF BUYING

by Brian on December 17, 2009

You’ll have to be extremely careful and buy well within budget. You’ll need to safeguard the savings for the coming years especially. If you’re going to live maintenance-free, you may want to consider a condo with a low home owners association fee. You can find a low cost, nice condo in Madison and parts of Woodbine. Affordable homes that will be low maintenance are throughout the city. It’ll just be a matter of sitting down and evaluating the areas you find convenient. PLEASE BE EXTRA CAREFUL, whatever you decide. I’m currently working with a 72 and a 75 year old right now, and I’m watching and guiding them like I would my grandparents. I adore working with your demographic!!!

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