In addition to what I stated above, I would mention that I pay no property tax, home(humble as it is)is paid for. If I fixed everything that needed it right now, I guess it would eat up my emergency funds.
“addition to what I stated above, I would mention that I pay no property tax, home(humble as it is)is paid for. “
I assume property tax deferral like I had. That seems like a good idea until your home is lost to a natural catastrophe. The state took my insurance check, took out all the past taxes plus LOTS of interest and the 2 next years taxes promising to pay me back ‘someday’. By the time they were done I got about $40,000 which doesn’t buy anything.
I would keep a reverse mortgage in the back of your mind. They are expensive but a good way to draw equity out if need be. You might do your research now before there’s a need & put you in a position to make a rash decision. Best of luck.