How Old Is Too Old To Buy A House...

United States
@twoey68 (13695)
August 2, 2009 8:02am CST
Homeowner... - Homeowner...
Most ppl start out in life dreaming of owning their own home with a yard of their own. Some ppl end up achieving that dream and some don’t. Some ppl don’t like the responsibilities that come with owning a home so they live their lives in apartments. Hubby and his ex-wife owned their own home, she got it in the divorce. Hubby and I have never owned our own home. We thought about in the beginning and had some plans to achieve it but then when Hubby became disabled we realized that living in an apartment made more sense. There isn’t any yard work, repairs or the added expenses of taxes and such. True, we don’t have a yard and we have to follow the rules here but it’s still worth it. The other thing is since he is 54 and I’m 41 there isn’t much point in buying a house now. Also we don’t have children so there’s no one we would need to leave it to. I do know a woman who lives in an apartment that is 72 years old and is talking about buying a house. I think she’s nuts considering her age and the fact that due to health issues she’s probably not going to be able to keep living alone. Her kids have their own houses so the house would probably just get sold when she passes away. I think she’d better off in an apartment. Do you own your own house? What do you think is the pros and cons of owning your own house and living in an apartment? At what age do you think you’re too old to buy a home? What will happen to your home when you pass away? [b]**AT PEACE WITHIN** ~~STAND STRONG IN YOUR BELIEFS~~[/b]