Kokomo

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Can a person receiving only a disability check afford a nice home?

Asked Fri Jul 11 2008, 07:04 by Gwen - Duncanville - Home Buying - 5 answers

Kokomo answered:

no it is not possible to afford a nice home if you are on disability. even if you do get "help" with your downpayment, by the time you pay off the house, you will be dead. Or if you make it to live 150 then you will have paid for the house but you could have bought ten more houses like that with all the interest you will have paid the government. so think good thoughts but no, you really cant afford to live in a nice house when you are on a fixed income like that. well, i guess you can live in one, but you will never own it. and isnt that the point? - Sat Jul 19 2008, 04:22

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