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Pros and Cons of Buying a House After Age 60 - SmartAsset Closing costs Buying a home is exciting, but closing day can exhaust your savings For example, you’ll pay for loan origination fees, home inspections, and title insurance during the home-buying process As a result, you can expect to pay between 3% and 6% of your loan balance in closing costs Moreover, these expenses are separate from your
Buying a Home With Retirement Savings: Pros and Cons Read on to learn more about using your 401(k), individual retirement account or other retirement savings to buy a home and if it's a good option for you Read: Best Mortgage Lenders
Buying a House at 65 Years Old: Major Pros and Cons Buying a house in retirement means you don't have to worry about rent increases and can customize your space But buying also means you're responsible for unexpected repair costs and can't relocate as easily Ryan Carrigan, CEO and Co-Founder of moveBuddha, has assisted many senior clients with relocation He advises: