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Real Estate
Reply to "Decent place to live on disability $150k"
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[quote=Anonymous]I'm a bit confused by the details given. Where is the sibling now? Why does he or she need to move? It costs money to buy/sell. Is the 150k the budget for a new condo? Therefore the current condo is valued at 190k, leaving you with 150k for the new condo after all expenses? Are the parents still around and the sibling is living with the parent(s)? If the disability income is only 750 a month how can you even begin to afford a condo HOA on that? After the HOA you are left with a few utilities, internet, and, of course, groceries. If no parents and this is the only family member, keep in mind that you (OP) may want to be reasonably close by. If sibling does not work due to cognitive limitations, perhaps look at group homes or special types of housing? [/quote]
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