home sale

0

Steps toward a major move

Feb 6, 2012
I'm a 58-year-old widow and I have been paying on a 30-year mortgage for 28 years, so I am almost there. I think I owe about $8,000. I am contracted to a job that doesn't offer a pension, but I do have investments (which I think of as retirement money). All three of my daughters moved to Seattle and I want to move there this summer. Right now, I have a little cape cod, which hopefully I can sell for $200,000+. However, my daughters live in the Ballard neighborhood, where a house even a little smaller than mine would cost nearly $400,000. They have condos. I wouldn't mind a townhouse if I get a patch of land to garden. I will be getting a job when I move, but should I just rent at this point? Should I leave the investment money alone? Laura, Ann Arbor, MI
Posted In: home, home sale, investments, move

Buzzworthy

Recent comments on our stories..

zingledot's picture

Attack of the shrimp (prices)

This issue has been going on for some time, actually. Anyone in the restaurant business feels this pain. More than a year ago the price for our...

sgardner's picture

Attack of the shrimp (prices)

 If you’re a shrimp lover you may be wondering why you’re paying more for your favorite shrimp cocktail or Pad Thai. It’s actually a bacterial...

emcolligan's picture

Real estate flippers are back!

I'm glad to see others have commented about the thoughtless reference to a pit bull. The Maryland legislature recently passed and Governor O...

NickMullins's picture

When the coal layoffs trickle down

My great grandfather started in the coal mines of Southwestern Virginia in 1936 during a time when logging companies such as W.M. Ritter were...