Talk of The Villages Florida - View Single Post - How many yrs. before retirement did you buy in TV?
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Old 07-30-2016, 01:40 PM
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Quote:
Originally Posted by sbarron01 View Post
Husband retiring in 7 yrs., mortgage paid off next yr., have a Feb. trip to check out TV. But already decided it's a "go" for me! (spent the past yr researching retirement communities). We're do-ers and TV has plenty to do. Question: How many yrs before retiring did you buy a house in TV? Or did you wait til retirement? And, while I know you're all a very helpful group of people(!), can you recommend any consultants who offer Q&A services to people relocating from outside the FLA area? It's my personality to want to ask the money/personal/tough questions to someone being paid to answer me. Is this something you think a Certified Financial Planner in FLA who knows TV might best be suited? ie: No kids so do we do a reverse mortgage down the road?, can this be done in TV? villa, condo or detached house? cash sale vs. mortgage, etc...

I'm so tired of my job and imagining a life in TV is the only thing keeping me going right now. : )
sbarron Its good that you are thinking ahead on this issue and are exploring options However, in my view a very personal and hence almost impossible question.

In my view the dynamics (economy, issues within the community etc) I personally would not buy a property until I was ready to retire. Given the element of "uncertainty" you could well be faced with buyers remorse. There is so much to consider your present home your family situation the market today tomorrow or next year These and other considerations only you and your spouse understand best as well as your health and your comfort zone with taking risks.