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Updated about 7 years ago on . Most recent reply

User Stats

9
Posts
2
Votes
Scott France
  • Bel Air, MD
2
Votes |
9
Posts

Down sizing. Need advice?!?

Scott France
  • Bel Air, MD
Posted
My father owns a SFH free and clear . Its worth around $200k . Between the annual property tax and maintenance/upkeep it’s getting to much for him . He wants to down size to a condo with hoa for lower maintenance and less tax . So the question is what’s his best move ? When the dust settles will it be more affordable?

Most Popular Reply

Account Closed
  • Riverside, CA
296
Votes |
412
Posts
Account Closed
  • Riverside, CA
Replied
Originally posted by @Scott France:
My father owns a SFH free and clear . Its worth around $200k . Between the annual property tax and maintenance/upkeep it’s getting to much for him . He wants to down size to a condo with hoa for lower maintenance and less tax . So the question is what’s his best move ? When the dust settles will it be more affordable?

So the question is what’s his best move ?

Arizona, Florida, Nevada, S. Carolina - there are a LOT of places more affordable than MD. He should seriously consider relocating if taxes are too high in MD for him.

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