43, divorced, one child who’s about to turn 17. Divorced a few years
ago and left a $300k home, I left with the clothes on my back and some
stocks/investments I own.
focused on myself since my divorce. I struggle with PTSD so I minimize
my triggers like stress, clutter, drama and chaos. I take a few
medications that aren’t cheap and I have embraced meditation and
I live in a tourist town in
the mountains. I work in IT and I’m always working on continuing
education. I do worry about having to find another job in my area, it’s
mostly restaurants and shopping here . I live with my GF who works
part-time and is doing the same, taking classes at a local community
In my search for a new home,
I’ve looked at everything from $150k to $250k. One day we stumbled into
an RV park with a few singlewide’s set up and was instantly drawn to the
location, the neighbors, the owners of the park and the location. There
was one home for sale by owner, it has a huge screened-in porch,
carport, big storage building out back, a small yard even has sheetrock
vs the stripped paneling mobile homes usually have. Couple that with a
nice, new metal roof, vinyl siding, a golf cart and most contents
inside, we agreed on $63k which I’ll just use my savings to pay.
monthly living expenses will be less than $500 and we make close to
$80k yr. I honestly don’t think I’ll lose money if I sell it in 5 years
but I doubt I’ll make money either. But in 5 years I can save and invest
way more than I could with a $1200/mo house payment. And I’m not
worrying about paying my house payment because her part-time job would
pay the bills if things ever got really bad with my mental health.
know a house is a better investment but I’ve seen a lot of people lose
on homes because of closing costs, realtor fees and the fluctuation in
the market. I’ve seen people who were house poor or lost their job and
then lost their home. And I’m 43 and don’t want a house payment at 73
years old, if I even make it that long. Not to mention the $120+ I’d pay
in interest over that 30 years (granted I’d pay it off earlier).
fell in love with the home, it feels right in our hearts and it fits
our lifestyle. So after a lot of praying and this long post, I’m buying a
mobile home. Does this make sense or am I losing my mind??