Cool, I could buy it, then sell it and voila! My retirement nest egg is created for a net cost of zero.
Cool, I could buy it, then sell it and voila! My retirement nest egg is created for a net cost of zero.
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Not so fast there, you will probably find that the house hasn’t sold because it is overpriced, then there are closing costs, realtor fees etc. to consider and then you don’t get your retirement money until they die of NATURAL CAUSES! What if some disgruntled relative kills them? You could find yourself in the hole financially and faced with being suspected of murder.