News of home subsidy is on the downslope The Impending Doom of the 30-Year Mortgage, some alternatives are to borrow against your whole-life policy and borrow against your IRA 4 Alternatives to a traditional mortgage.
From what I'm hearing that many retirees may outlive their nest egg and that we shouldn't dip into our retirement (especially if the financing could swallow up the nest egg).
There are two more alternatives, like negotiating straight with the seller (but most sellers are not going to take this risk), and rent to own (this area can get really snakey since there's a long time between renting and owning at the actual owner's discretion)
Do you know of other alternatives that are feasible (less snakey and risky) that can be understood by the every day person?
Please add solutions that are feasible to everyone (non-military civilians alike).
Asked by Anonymous at 9:07 AM on Mar. 29, 2011 in Money & Work
Answer by voni681 at 11:50 AM on Mar. 30, 2011
Answer by Anonymous at 10:01 AM on Mar. 29, 2011
Answer by yourspecialkid at 10:04 AM on Mar. 29, 2011