RetiredGypsy
Full time employment: Posting here.
- Joined
- Mar 17, 2008
- Messages
- 979
I've spent most of my life in apartments. I enjoyed the flexibility and ease of relocating on a whim, back when I could live like the nomad I wanted to be. New states, new cities, new adventures.
But medical crap changed all that in a severe way, and with the inability to travel and even really get out much, I've become a lot more interested in buying a little house somewhere and enjoying somewhat more privacy.
I have no idea what the best way to save for a down payment on a house is, or even if it's worth doing since I would qualify for a VA Home Loan. Articles read vary from vague to contradictory. I haven't had much luck finding old threads here on the subject.
If I can save $10-15k this year out of a fixed income, maybe next year too, where should I park that? If I'm going to buy a house within the shortage period possible, whether as a 0%, 3.5%, or up to 20% down payment, what makes sense?
As far as home ownership itself goes, I'm being very mindful of the size of the house, the lot, and what would need to go into upkeep for both. For the foreseeable future I'm on fixed income, so either a home and its costs, or rising rent rates are something I'll have to contend with.
But medical crap changed all that in a severe way, and with the inability to travel and even really get out much, I've become a lot more interested in buying a little house somewhere and enjoying somewhat more privacy.
I have no idea what the best way to save for a down payment on a house is, or even if it's worth doing since I would qualify for a VA Home Loan. Articles read vary from vague to contradictory. I haven't had much luck finding old threads here on the subject.
If I can save $10-15k this year out of a fixed income, maybe next year too, where should I park that? If I'm going to buy a house within the shortage period possible, whether as a 0%, 3.5%, or up to 20% down payment, what makes sense?
As far as home ownership itself goes, I'm being very mindful of the size of the house, the lot, and what would need to go into upkeep for both. For the foreseeable future I'm on fixed income, so either a home and its costs, or rising rent rates are something I'll have to contend with.