we're Never too old to need equity. might be able to use the cash for a nice caregiver or something, rather than go to an awful Home.
Official Off Topic Discussion Thread #1
- Thread starter Chrisplosion
- Start date
Hello; I own the place outright. I have taken a shallow look at the reverse mortgage. Did not much like what I found. But you are correct in that under some circumstances a reverse mortgage can be of use. I keep the option in mind. Thanks
at this point my options are worrisome. I hope something pans out to my benefit.
would love to own something cozy outright. but everything up in the air.
Amazing how instantly things change. that's all I have to say now.
Hello; Yes to this. I will have to pay for a care giver when I need one.
My dad worked at a big "old folks" home in Indianapolis Indiana for a long time. From the time it began as construction to his death. He lived on the property. I spent some time over the years around the place. For some folks it was a decent way to live as long as their health held up. There were three sections. One was small duplex units for those still able to be fairly independent, with some still having cars. The second was a large apartment building with apartments. Very nice with lots of services. The last area was a basic nursing home for those on the way out. I got to know and witness several people move thru the three areas. I doubt that I will be able to afford such a place.
Interesting points thanks guys , I have a future plan in my head as I'll be on a state pension when I'm 67 yr old (hopefully won't have to paint until that age) so I'm going to try and keep this house when we move on and let it out , change my mortgage to a let to buy scheme and buy something else for us to live in , the rental value of properties in my area are ridiculous hence us buying our own after paying these prices for eight years already , so we could pretty much pay the two mortgages off the rental from one leaving us in good sted for our future with some capital behind us for retirement ages (at this stage in my life I'm looking to dissaper to Amsterdam and live the rest of my years out smiling in a floating house on the canal 
)
)Interesting points thanks guys , I have a future plan in my head as I'll be on a state pension when I'm 67 yr old (hopefully won't have to paint until that age) so I'm going to try and keep this house when we move on and let it out , change my mortgage to a let to buy scheme and buy something else for us to live in , the rental value of properties in my area are ridiculous hence us buying our own after paying these prices for eight years already , so we could pretty much pay the two mortgages off the rental from one leaving us in good sted for our future with some capital behind us for retirement ages (at this stage in my life I'm looking to dissaper to Amsterdam and live the rest of my years out smiling in a floating house on the canal
Hello; Nice plan. I can think of a couple of nice things about Amsterdam. Good to have a plan, but be prepared for something (fate?, Life?) to step in and throw a wrench into it all. I hope you make it.
Sorry if we've bored you to death with all the house talk Eddie lol
What's the weather like
You been up to anything exciting recently ?
