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[quote=Anonymous]I am single, age 61, and live in what some on the real estate forum would call a $hit$hack -- inside the Beltway, Fairfax County. House is a split-level and I'm concerned about stairs due to a health concern. House needs serious work in bathrooms and basement, plus landscaping. I have roughly $300K remaining on the mortgage @ 2.7 interest. I still WAH FT but salary (65K annually) does not fully cover monthly living expenses. Have a $1500 monthly annuity and health insurance is covered (FEHB). I have $1M in a Vanguard IRA and $375K in HYSA, CDs, and cash. 1 kid in college (JMU) and all her remaining college costs are in a fully funded 529. I am trying to decide what to do next. Due to health concern, I would prefer to be somewhat local to docs in Fairfax County. Would become more important when I am no longer able to drive. I could sell house as is, but don't have the $$$ to buy something I could afford. I don't know what to do next - should I fix the house (bathrooms, basement, etc.) or just sell and let someone else deal with it? Not sure what I could get for the house -- maybe 550K as is? Is there someone I could ask (realtor?) to advise me how to proceed?[/quote]
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