You can pick up a REO in this price range, decent condition, in various DFW suburbs.
Columbia, Missouri is the worst place I have ever been for allergies.
I have a close friend that just moved to Greenville, SC from the exurbs of Washington DC. She loves it and says the cost of living is a fraction of what she and her husband spent here.
I have a close friend that just moved to Greenville, SC from the exurbs of Washington DC. She loves it and says the cost of living is a fraction of what she and her husband spent here.
What!!!Nothing in Newark!!!
The Hood in Detroit?
Bump
Bump
No need to go into debt to buy a house. Just pay cash or pay rent.
It’s not like 19 million vacant homes in the U.S. are suddenly going to jump up in price!
My new home and 13 acres in central Kentucky is costing just a bit over $400 a month.
And we got 700 bales of hay off it this summer.
Why is Detroit not on here?
How about a small lake front home with a boat dock and lift on a lake with 1,200 miles of shoreline?
If you can pay 25% down and finance 150k balance you will be pretty close to that and you can live at the Lake of the Ozarks in central Missouri because there are homes as described at 200k. The alergy notation by one of the earlier posters for Missouri applies, but you do get to “enjoy” all four distinct seasons of the year.
If you’re retired, are banks going to loan you money to buy a retirement home?
Why would anyone take out a new mortgage after they are retired?
With an eye on the future, who would want to live in _any_ of those places?
With the possible exception of Boise.....
$120,660 is the approximate amount financed for 30 years at the rate quoted in the article. That does not include excrowed amounts for taxes and home owners insurance on the property. but does result in a $600 dollar payment of interest and principle.
San Antonio is a nice city. Corpus too. If ya’ can stand the summer heat and humidity!
If you can’t afford to buy it outright, then one should not buy “toys.”