Quote:
Originally Posted by kbace6
I have a question for all of you who have already purchased a home in TV. My wife and I are set to retire in 10 years. At what point did you buy your home in TV and why then?
For example, as I have read on TOTV, some people sell their home up North first. Some buy in TV first then sell up North. Some buy in TV within 2 years of retiring, and some 5 years or more.
I would like to buy soon, as I believe the market is good for purchasing with the great interest rates. But at the same time I do not believe with all the extra fees involved in TV that it would be a very good investment over a 10 year period. Although I do believe if you are going to buy and not resell it could be worth it to get the head start.
I am interested in your experience with purchasing in TV and why you purchased when, meaning at what stage of retirement.
Thank you in advance for your sharing of your experience.
-Kevin

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Thank you all for your input, opinions and experiences. This was exactly what I expected from you folks. I'm still a ways off from joining all of you, but like most in my situation "I CAN'T WAIT". But I have to. I don't want to put most of my savings eggs in the same basket. (Real Estate) Although I expect like many of you, that real estate is going to go up. I need to stay more diversified at this point, but maybe in 5 years when the trip south gets closer I will reevaluate the market and my nest egg.
Thank you again,
-Kevin
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