Scott Burns: How to buy a home with 50 percent down and never make a mortgage payment
Wade D. Pfau
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.
Burns, Scott, "Scott Burns: How to buy a home with 50 percent down and never make a mortgage payment" (2016). In the News. 1194.