Quote:
Originally Posted by rpodell
Do I really need to rent for few months before I buy? When I retire, I won't have the income showing to get a mortgage. I thought I would look around during my visit in January and maybe even look at some foreclosures.
Any advice, or does anyone know someone ready to sell in July, 2019????
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This may be a twist on your question, but you should not retire if you NEED a mortgage. Keep working and pay off all your debt before you retire, it will make retirement much easier and less stressful. That said, you can rent a house in TV for July, August, and Sept Fairly Cheaply. I have 2 rental designer homes in Fernandina and Hillsborough that I would rent you for $1300 a month all in for each of those months. It gives you a chance to get to know the area. However, if you just buy, it is hard to go wrong in TV..
As for buying a place now and not close until July, the only people who would do that have Rentals. I would do that if I was looking to sell so I could extract the high season rents before selling....
Ed