Do you have plans to purchase a retirement house? It doesn’t matter if you’ve already retired or still have a long way to go before retiring. The perfect time to plan for your future home is now.
This article will break down essential details that you’ll need to consider before buying your retirement home.
Should you buy before or after retiring?
Purchasing a retirement home well before retirement age has many benefits. Firstly, it’s easier to qualify for a mortgage while still having a job and the income to pay expenses. Secondly, you could put the house up for rent for profit –or at least to cover the monthly mortgage of the second home.
Buying a home after retiring also has its perks. First, if you’re not sure where you want to…