In the News

Title

Scott Burns: How to buy a home with 50 percent down and never make a mortgage payment

Document Type

Article

Publication Date

4-1-2016

Abstract

The advertisement inWhere to Retire magazine caught my eye:

“Purchase a new home in Central Florida’s Premier 55+ community, Lake Ashton, with a one-time down payment around 50 percent of the purchase price and never make another monthly mortgage payment again!”

A little over an hour’s drive from Tampa, this gated community has 1,300 homes, 36 holes of golf, waterfront lake lots and country club amenities.