Recent content by Booo

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    Selling the house to my son advise

    Thank you for the advice. My son is 22 years old and graduated from college 2 days ago. Seems like just yesterday he craved a new skate board. I know he doesn't crave mowing the 3 acres of grass surrounding the house. He does crave financial independence and I thought owning a home would be a...
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    Selling the house to my son advise

    I wasn't looking at the equity in my house as being tied up. I was looking at it as diversifying in real estate. You are absolutely correct in saying I got a lot of thoughtful replies to my thread on my ER guilt and giving money to my in-laws. When I'm finally settled in Florida, I plan on...
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    Selling the house to my son advise

    This is exactly what I'd like to do. Thank you for your incite.
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    Selling the house to my son advise

    I retired 6 months ago when I turned 59. We just bought a manufactured home in a gated adult community in Florida and paid cash. 8 years ago we paid, in round numbers, $150,000 for a home in Ohio. I owe $70,000 on the mortgage. I would like to help my son get in to a house and thought I could...
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    Who am I now?

    I retired 6 months ago at 59. I have a home in Ohio and bought a second home in Florida. I called the water utility in Florida to have the bill put in my name and the nice lady asked me what I do for a living. When I said I no longer work, she told me I owed them a $300 deposit. I was a little...
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    Guilty

    Hi, I quit work last year when I turned 59. We lived on saving until my 59.5 birthday last month. Yes, I had a birthday party. Now we're living on an IRA, savings and the DW is still working part time. We bought a home in Florida and will be moving there when our youngest finishes college next...
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