Sheila Stagner

First I'd recommend you ask an account or investment banker because the answer might be better answered about your entire financial situation. My thoughts: Once a person retires sometimes their monthly income drops below the acceptable level to make payments and they don't qualify to buy a home. Will yours do that? If so, you might be asked to put alot more down on the home in order to make your income match the payment. Interest on a mortgage is the lowest right now so of course if you have to finance, it's a good time to do that. But if your money is better off in an interest bearing account right now, you might be better off leaving it there. I don't think a realtor is the best person to answer that question for you since your investments need to be analyzed to make the best decision. I hope you call me when you are ready to buy and I'll find you what you want! Thanks so much for the opportunity to converse with you. Sheila Stagner Sheila Stagner & Associates, Realtors 575-740-1906