Quote:
Originally Posted by Michael 61
There is no way I would have moved here if I had to take out a mortgage.
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We couldn't afford the mortgage we had on our house up north, plus the utilities and taxes. We sold for around $60,000 less than we had hoped to get. We were able to pay off the mortgage and put half down on our house in The Villages. We borrowed from family for the rest and paid it back after the first year. We would've been homeless if we hadn't sold the house when it finally sold, almost a year after we put it on the market.
It was a rough last year up there. Not easy being a skilled tradesman in a dead trade, and going to work one day to discover your entire department is being eliminated and you don't qualify for your "full" retirement package.