Without reading all the above.
I had always figured we’d move farther out in the country when we retired, a layoff induced buyout offer sped things by a few years and happened so fast buying the retirement home wasn’t thought about. When we did think about it we had 0 income and could not get a bridge loan or some such. I did put in for a home equity loan between when I accepted the buyout and actually retired, unfortunately the bank took longer to process the paperwork then it took for me to be done at work so it didn’t work out.
I had always figured we’d move farther out in the country when we retired, a layoff induced buyout offer sped things by a few years and happened so fast buying the retirement home wasn’t thought about. When we did think about it we had 0 income and could not get a bridge loan or some such. I did put in for a home equity loan between when I accepted the buyout and actually retired, unfortunately the bank took longer to process the paperwork then it took for me to be done at work so it didn’t work out.
Statistics: Posted by Padlin — Sat Mar 23, 2024 10:32 am — Replies 37 — Views 3314