Talk of The Villages Florida - View Single Post - Buying on a fixed income?
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Old 01-02-2011, 10:01 PM
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natickdan natickdan is offline
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Originally Posted by whartonjelly View Post
Confused on how to buy a house in TV and also live on a fixed income. Who will loan you money. Should I continue to work in Indiana while attempting to buy in TV. Will need to sell in Indiana. Do you have to be a resident? If so, for how long? I am a Nurse and could work in Florida also. We will both be retired at age 60. This will be our third home in a lifetime. Hoping for an affordable courtyard. Please share experiences!
I think your concerns are more common than you realize and, as was previously posted, the answers to those concerns vary from person to person.

Our decision to buy in TV required an honest assessment of what we wanted and what we could afford. In the end, we decided that my wife would continue to work until we sell our current home. Hopefully, that will be before next winter.

One advantage you have is the ability to leverage your medical experience should you need or want additional income. Another advantage is that you can us that skill here in TV. Best of luck with your decision!
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Regards:

Dan
Natick, MA
Village of Buttonwood 1/12/11