Buying a Home Over 50 | Buying a Home Over 60| Should You Buy a Home in Retirement

[@mzladyz758]

I bought my 1st home 2 months ago and I'm 56 omg the best thing that ever happened to me

[@ShaheedahHill]

Congratulations!!!

[@tinamichelle6969]

Congratulations!!! I'm working on buying my second home and I'm 52yrs old

[@patandersen4271]

@mzlady z congrats so happy for you!, I don't think anybody is too old to buy Real Estate! if you can do it.

[@abryant8287]

Congratulations!

[@tracythomas8624]

God be the glory. Congrats.

[@truthfuljones4557]

I was Able to buy my 2nd home at 56 last year when my hating friend told me I was too old because I wouldn’t be able to pay it off. I didn’t tell her when the process started because I didn’t need her negativity. I had been through a lot in the last ten years after becoming seriously ill and unable to work. I lost everything waiting on my retirement and disability to be approved. I was renting a 2br apartment for years and needed more room for my family who had plan to move with me in the future. Good blessed me to buy a beautiful 4br home that I still can’t believe I live in. My hating friend wanted to know how I’m going to be able to pay for such a home by myself. I told her don’t worry about me I’m blessed and highly favored. She really needs to be worried about her trailer.

[@ShaheedahHill]

Thanks for sharing and here's to ignoring hating friends!😂

[@yvonnemfuller]

Your "friendemy" made you greater. Ever heard, your hater made you greater. The greatest revenge. Success

[@eunicebernard3054]

Amen to God be glory

[@arnoldnicholson2165]

@@eunicebernard3054 AMEN🙏🏾🙏🏾

[@monadacosta-williams7016]

If there is a will - there is always a way 🙏🏿

[@greenbyrd3665]

My grandparents bought their home when they were in their late sixties, early seventies. My grandmother remained in that home until she died at age 87. They loved their home and were very happy there. If you want a home, I say go for it!!

[@greenbyrd3665]

@Miss B. Grant No problem at all. You know, back in the day, the elders didn't discuss their finances with anyone; and we knew better than to ask them! lol I would say they had a middle class income. Granddad was a pastor in the United Methodist Church, and they lived off of his pension. Comfortable but definitely not wealthy.

[@rm5282]

@@greenbyrd3665 exactly

[@debbiesmith7723]

Thank You I'm in my 60 and I'm ready to buy

[@greenbyrd3665]

@@debbiesmith7723 May God bless you with a home that is everything you ever wanted!

[@sebastianwhosez4897]

Me too, I was so tired of stressing out about coming home to my apartment of 13 years to find another notice that the rent was going up. In 2018 I started the process of finding my first home. I did the class and got the down payment assistance. I checked on my credit score ( I was afraid to know ) but I paid off my bills and raised my score to 780. ( Stay on top of my scores now ) I found a house and this month is my 3 year anniversary. I also refinanced to roll in that down payment assistance and lowered my mortgage payments. Just a little 2 bed room house with a huge front yard fully fenced and a pear tree I can share my pears. I'm so grateful and blessed.

[@bullard73]

How old were you and was this your first home?

[@MoDavI-sl7iy]

Congratulations. What State do you live in?

[@tararobinson6023]

My Mom is 68 and she just bought her first home. I'm so proud of her. She retired 4 yrs ago after working 43yrs in NYC. She decided to move to Georgia where I've been for 3 yrs and bought her home in Georgia. I'm so glad she left NYC because she was able to afford a home here and I was able to start a brick and mortor business because the opportunities are abundant here. Moving to Georgia was the best move my family ever made💖

[@ShaheedahHill]

Thank you so much for sharing. We are also from NY and yes it was a great decision. 😊

[@TheeHuntress]

❤ Congrats 🎉 I am originally from Houston; but Georgia homes have much more appealing prices. (More bang for the buck.) After home and mortgage searching for nearly a year, I am finally under contract for my first home purchase (at age 45,) in Georgia.

[@gailobrien9380]

I bought my first house when I was 48, and just moved to my retirement property at 62. You’re never too old to have the American dream!❤️

[@ShaheedahHill]

That is awesome!

[@LifeWithKarisha]

Thank you for this comment. I’m 40 and thought I was too old to buy. I appreciate you 😘😘

[@danrothenhoefer4634]

My wife and I, who are in our sixties, just bought our first home. I am shocked at how low our payments are. it's costing us much less to own than to rent! BTW I just love your positive attitude!

[@ShaheedahHill]

Thanks and congratulations on your new home!

[@stmayfield1091]

Very informative video and thanks!You covered a lot of the concerns that worries me. I tell myself, "I am in the transitional phase of my life," at 68 yrs old. Why? Because I can retire from my full time job, not going to at this time. My health is good "thank God," I like my job and just don't want to stop working at this time. Plus, I went through a divorce about seven years ago, but was separated two years before it became final. So, I've been working on trying to financially recover the best that I can before I retire from my employment. However, I had always took money mgt seriously, due to my family's low economic financial status when I was a child. I told myself I would achieve and improve my financial status as an adult. So, planned the best I could to make it happen. Therefore, I receive a military pension, will receive a pension from my County Government employment and from Soc. Security. Working on saving as well. My plan is to purchase a home pretty much based on my retirement income not my current income, don't want to be house poor. But as you stated, it's time to leave the apartment. I have an agent and she is working with me, a first time home prospective owner, to help me make this piece of the transition into the "Fourth and final Quarter" of my life as smooth as possible. Thanks again for your information Ms. Hill!

[@sychophantt]

and you'll be 90 and still paying a mortgage?

[@ericspwncer1274]

@@sychophantt Not if they get a 15 year mortgage. Lol

[@bullard73]

I turned 50 this year. I need to pay off 15k in debt and come up with a down payment. I am afraid and I doubt I would live long enough to pay it off for my family.

[@denises.8203]

😤I feel so proud to see a young black person that's helping without charging a fee and not limiting help because of age. ❤

[@ShaheedahHill]

Thanks for the feedback and for watching. Greatly appreciated...

[@arnoldnicholson2165]

@@ShaheedahHill Mrs.Shaheedah Hill I know you are based out of Atlanta, can you represent the New York area? Or can you recommend a realtor in the New York area that is just as knowledgeable and helpful as you are? Thank you Sincerely!

[@accordingtodlaw]

I just bought a home a couple of months ago myself. I’ll be 55 this year. I bought a ranch style home just as you mentioned. No more stairs for me.

[@ShaheedahHill]

Congratulations!

[@victoriaalvin2446]

Exactly what I am searching for one day. Maybe in Pa., not sure yet.

[@greenbyrd3665]

Your knees will thank you for that. Lol!

[@jaclynboone6022]

Congratulations

[@sweetcaroline7252]

yes no more steps. where do you live.

[@tomeline1]

Great episode. I am 60 and plan to buy my first house in 3 years when I "retire".

[@ShaheedahHill]

Thank for watching ...congrats on you future retirement!

[@SCSC-qz7rr]

Me too! I’m 64 waiting for my 66 and 6 months for full retirement to buy my first home in a no income tax state and low cost of living...😬

[@janethatch7423]

I am 83 1/2 . I have owned houses with spouse, but a year ago I bought my first house alone. I am delighted with it. I hire help, things I need get done, I am blessed. I think of my house as an investment. It's gone up in value about 10% in a year . My monthly mortgage payments are cheaper than rent. I am active and healthy. Consider many factors, such as what you like and what your needs are.

[@ericthered1140]

Its time to rent sir.....why get a mortgage at 60??? Makes no sense...

[@SCSC-qz7rr]

@@Heyitsyourfriendrobert I live in SoCal too and moving out of state as soon as I retire in 2 1/2 years…🙌

[@jackiebostick6511]

Great information! I am 66 years old and I just purchased my own home.

[@ShaheedahHill]

That is awesome! Congratulations 😊 and thank you for watching!

[@catrashoo]

We only live up to 80 yrs , 90 if we're lucky 🤔

[@mannarmylie4195]

Bought my home some time ago and paid it off in 10yrs by aggressive pay down of principal. Nothing like living in a paid off home with thick cash reserves. I now focus on family, retirement planning and investments.

[@ShaheedahHill]

Great.. congrats

[@johnsonajayi7846]

*think cash reserves*

[@martinshelton1247]

Never too old to buy a home as long as you have decent amount income coming in, it shouldn’t be a problem. The key is having decent income.

[@icemike1]

Decent steady income

[@kjhnsn7296]

​@@icemike1Steady is key.

[@ispeaklife7]

I'm 55 and just bought a house and the best big decision I've ever made. I always wanted a ranch style home.

[@ShaheedahHill]

Congratulations, that is wonderful. Enjoy!!!

[@Blessedhomeschoolinggrannyof1]

I just closed on my first home on 9/20/21. I love that it was all done from my iPhone and only took 30 days from start to closing. So easy! The only in person thing I did was looked at 3 homes and chose the third one. And went to sign the paperwork in person at the title company office on closing day which took less than 45 minutes. I’m 62. Blessed with a 1230 sq ft 3 bedroom 1 bath ranch home. 😊

[@ShaheedahHill]

That is great Deborah, congrats and thanks for sharing.

[@megmurphy3270]

Could you explain how you did this

[@ellehcin2056]

Congratulations

[@BoswelliaLuna8]

Thanks for this video. I am going on 47 and am so tired of paying rent that goes up each year. It is highway robbery, and I feel stuck. You're absolutely right. I need to be in a house for the stability of a mortgage, which will free up money. When you get older, apartments just begin to suck. I am on my own saving money with automatic allotments coming out of every check into a savings account. I have faith I'll be in my house within the next 2 years!

[@Msterri4u]

You can do it! I bought my home 3 years ago at age 57 after divorcing. Rented for 7 years immediately after the divorce. What a waste of money!

[@sandrabraziel8271]

She said that taxes and insurance increases. It does, and it do effect you paying more for mortgage monthly, just like renters. In addition, you will have lawn and gardening upkeep, as well as, replacing home filters, and if anything breaks in your home which can be expensive even if you have insurance with a deductible. Think carefully before buying sometimes renting is easier and more cost efficient.

[@rm5282]

@@sandrabraziel8271 when renting you're paying the cost of repairs. Your landlord charges enough rent to stack their maintenance fund. That is how they afford repairs. When you are buying a home stash away money monthly for potential repairs. That will limit to need to use credit cards to pay for repairs. Also, buy a home that is in decent condition. The larger items like A/C can cost a lot but that's why you need an inspector to check out the house before you buy it. I bought my first place at 33 and my second one at 40. I have purchased land and will purchase more properties to provide residual income later in life. I can fix many things in my houses and that saves me a lot of money. You can learn to do the simple repairs yourself. KZbin is full of information to help.

[@ladyrob4110]

I'm over 50 and I'm in the process of purchasing through the NACA program. This video is very encouraging right now. Thank you so much!

[@ladymincbrooker2285]

🙏🏽🙏🏽🙏🏽-I had a qualification meeting and am doing my “RentShock” savings ~

[@aishaweaver9004]

Good day how has your process through NACA? Thinking of applying

[@jmosley4915]

You can do it. We bought our second home a month ago. I am 58 and my hubby is 50.

[@sandragibson2221]

I started with NACA for 2 years but they just moved to slow and too many rules and to much changing of counselors and months of paperwork and they still tell you you are not ready. The only thing they taught me is how to save money, pay down creditors, and improve my credit score. I finally decided to go with my credit union. Got 100% financing with no down payment due to my decent credit score, was recommended a realtor, and was in my house within 3 months after leaving NACA.

[@stephanieprice1105]

I just brought my first home at 52 years old. I was concerned about the 30 year mortgage and rising taxes and other expenses. But it’s nice to see you do a video abut older adults buying houses. I thought I was one of few who did this. I am staying positive that I can do this and build generational wealth and pass home down to family

[@ShaheedahHill]

Congratulations. I think it is a great idea for buyers that want to stable expenses as they look forward to retirement. You will do fine! You are young..enjoy your house and yes stay positive always😊

[@sherricason1548]

We are not too old for "NOTHING." My sister and I bought our 1st condo in our late 40's! My 2 aunt's brought their 1st home in their 60's and one of my aunts, who is close to 90, still lives in their house. Later for all of these rules. I will say to have a village that can help you with the upkeep. Other than that, Do the Darn Thang and Enjoy even when you KNOW you may or not pay the loan off. It's called generational wealth!

[@ShaheedahHill]

Love this ❤❤❤ Totally agree! Thank you for sharing!!

[@sherryw9206]

I love this. I agree on having a village that can help you with the upkeep.

[@kenyamyers4800]

I wish could LIKE this 10,000 times!🥰

[@halztm923]

Buy over 50 you can leave your children or grandchildren the legacy! Homes Appreciate. They can sell it or use it has investment/ rental property as well.

[@ShaheedahHill]

Agreed!

[@mayshu893]

Thank you. I just turned 60. I was out of work for a year and a half after working a warehouse job for a year because the pandemic shut down my business. Last October (2022) I got my dream job (at 59 years old!). Despite it being a really good paying job I have credit card debt from the last 3 years - I thought that with the debt & my age I shouldn’t even think about buying a house… THANK YOU for giving me hope again!! I’m really enjoying your videos!

[@djcali2776]

I'm 51 and purchased my first home last year. I moved out of Los Angeles because I wanted to own a house. I moved 90 minutes outside of L.A. although I have to commute for work I'm so appreciative and so glad I purchased a house. This is something I can leave my daughter.

[@ShaheedahHill]

Congratulations and thanks for sharing

[@reneecollins9681]

I had a home I sold it after 20 years and downsize to a condominium I have less stress keeping up the landscape iHome is very nice but as you get older you don't need a lot of room when I die my my daughter and her husband can have it I enjoyed living in a house but I don't need all that room I have more money left over it works for me

[@jillh763]

@@reneecollins9681If you don’t mind me asking what was the range of the monthly HOA and how did you know they were credible on the condominium purchase? Were there any literature you studied on the Condo purchase?

[@olivial.6343]

Great video, I bought my first home when I was 50 years old. I've been living in my home 1 1/2 years, so happy with my backyard, fruit trees & home office, especially having to work from home. I would've been miserable if I still lived in my 1 bdrm apartment cooped up & working from home during the pandemic.

[@ShaheedahHill]

That is awesome!

[@gerrie720]

So encouraging, l too live in an apartment build on 5th floor, l have made my fire escape my balcony. I can't wait for my own home back yard garden. Thank you.

[@ladyo7254]

A lot of ppl settle for apartments, because they're afraid of maintenance and need of a LARGE dwn pymt. They have this misconception that major maintenance cost is monthly and you need thousands of dollars for dwn payment. Which is totally incorrect. As a financial banker with background in collections, loan, frontline. I find myself explaining to members that have been confused especially my blk and brown ppl

[@rm5282]

Exactly. Many folks are out there trying to scare others about the maintenance costs for a home. What they fail to realize is their rent payments cover their landlord's maintenance costs. As long as you fix things at the first sign of an issue you can potentially keep the repair costs low. Being negligent and lazy is what gets homeowners in trouble. Plus, when you're buying it you should take some pride in keeping your place nice.

[@rm5282]

@Matthew Lesko the southeast

[@rm5282]

@Matthew Lesko I am not using grants. I use my own cash. The only thing from the government I have ever used was my first purchase via a VA loan and that was something I earn by my military service.

[@tyhayes428]

I am a single mother and my mother is a single woman over 50 and we just bought a house together

[@ka8204]

Aww that’s great! I’m buying this year and my Mom is in her 60s and moving in with me

[@tyhayes428]

@@ka8204 it saved both of us money. Best of luck to you and your mother

[@dwaconsulting1609]

This is great! It not only help you both save money on housing but it also brings the family together and you will be able to leave your child the home. I think more families should do this if they can tolerate each other.

[@crystald8465]

Congratulations 👏🏽👏🏽👏🏽👏🏽

[@biancalord488]

That’s beautiful! Congratulations 🍾

[@JayJay-me8zk]

Just stumbled upon your videos while working out at the gym. Enjoyed the first two and then found this one about buying a home at over 50 years of age. It's as if you made this just for me. Struck so many chords for me as a single, 56 yo, veteran that just moved from CA (never bought there because of cost) back to homestate of NC. Transitioned to a higher paying job (lower six figures), excellent credit, no debt; but still wrestling with decision to buy at this stage and age in life. Due to military moves and CA cost of living, I've always rented. Anyway, gonna binge watch more of your videos. Setting myself up to purchase, in spite of now crazy interest rates, around April 2024. Thanks for all you do!!!

[@ShaheedahHill]

Thanks for finding me! I'll be LIVE on November 7th at 6pm.

[@alexandraadams2070]

Great video! You totally captured my situation. Living currently in California, retired December 2019, and can't afford to buy a home here unless I want a dump! Well, I don't! So I've got my sights set on another state for a brand new home at about half the price of something comparable here. I'm so excited that at 65, I can still own my home rather than continuing to rent. Your video is well done! Thank you!

[@ShaheedahHill]

You are so welcome, thank you for watching and best of luck on the move!

[@nismith5678]

Oh my goodness, thank you. You put a huge smile on my face. I'm a New Yorker and in my 60s, I'm price-out of the rental & home-buying market in this city. I've been contemplating owning my home for years but as time went on I thought I became too old and basically had given up. This video has inspired me. Thank you😊

[@ShaheedahHill]

Move to a less expensive city or state. Im from NY too.. my mom moved to Georgia when she was 40.. she is her 60s now and just moved into a new house a couple of years ago. You van definitely do it! Thank you for watching🙂

[@nismith5678]

@@ShaheedahHill Thank you😊

[@joanneny8638]

Agree on finding a less expensive market. I’m a New Yorker and just sold my first home.

[@vikkivibes5257]

This video was made just for me! Thank you! I'm currently looking for a brand new home. I don't require a lot of space, but I do want brand new as it will be my first, and forever home. I'm also considering a spec home; move in ready.

[@ShaheedahHill]

Let's get it...best of luck on the home search and thank you for watching!

[@vikkivibes5257]

@@ShaheedahHill Thank you for sharing your expertise. You have no idea what an inspiration you've been to me (and many others I'm sure). 😊

[@vikkivibes5257]

@@annastamm2570a newly constructed home with everything already picked out by the builder. However, in some instances, if you get in early enough, you may be able to pick out a few things. In short, it's move in ready as the builder pays for everything. That said, once construction is finalized, the price is set and to my knowledge, there are no hidden fees. That said, if you're purchasing a new build, and you decide on a spec home, you won't have to go to the design center to pick out your enhancements (floor; Tile; backslash; cabinets etc.) which will wind up costing you more money in the long run, as these things have already been pre-selected by the builder. This will save you time and money. You can Google or KZbin spec (same as speculative) homes for more details.

[@vikkivibes5257]

@@annastamm2570you are more than welcome! 😊

[@HarryOsirian]

@@vikkivibes5257 great explanation and very helpful 👍🙏💯

[@greatnessofgrandparenting7587]

Wow . I'm so glad to find this video . Thinking about purchasing a home at 52 . Got my credit together focusing on my down payment . I'm getting excited about a new beginning just for me ☺

[@ShaheedahHill]

Glad it was helpful!

[@denmark-8896]

So grateful to GOD that HE lead me to your channel. You are a wealth of knowledge and you’ll definitely be rewarded for your selflessness. 🙏🏽♥️

[@ShaheedahHill]

Wow, thank you! Many prayers to you on the home search, thank you for the encouragement.

[@tf5655]

Loved your video. I felt good knowing that buying my second house at 66 was a great idea. Thank you

[@ShaheedahHill]

Congratulations!!

[@geasley39]

This video came right on time. I just turned 50 and went through a divorce after 31 years and I was trying to decide if I want to buy a home or condo. I'm renting now and I feel I'm wasting money by renting. My problem is what area I want to live in and the pricing of the homes are crazy. Thank you for this video... God is amazing!!!

[@ShaheedahHill]

Thanks for watching!

[@Msterri4u]

I went through a divorce too after 24 years. Rented for 7 years afterwards and bought a condo 3 years ago. There’s different things to think about when purchasing the house v condo. The HOA fees and the restrictions that come along with it. Owning the home comes with more self maintenance like yard work, outside painting, etc.

[@tracywalker244]

@@Msterri4u Agree

[@donniealexander993]

At 4:24 Mrs. Hill made a KEY POINT!! Make sure you get a FIXED RATE MORTGAGE then your payments will stay the same. The feds control the Adjustable Rate Mortgages and with interest rates going through the roof, so will your monthly payments.

[@ShaheedahHill]

Thank you Donnie!

[@lemaralston6765]

Very informative....I definitely will follow...I'm a 52 yr old widow who rents living 7 min away from 75 yr old parents to help them where I can...thoughts of buying has entered my mind...great tips.

[@ShaheedahHill]

Go for it. Thank you for watching!

[@NettesCozyLifestyle]

Girl I was telling my husband that I don’t want something to large. I don’t have time to be cleaning a large home, I want 1 level3-4 bedroom home and a must have a completely flat back yard

[@justsimplyKellie]

Omg..thank you for this video..im 48 and felt like it was too late..I wanted to buy..never been a home owner..this makes me feel better along with all the comments of others making the leap.IM READY!!!

[@ShaheedahHill]

Yes, do it!

[@adriennebaten8670]

Hello. You are definitely right because I’m 55yrs old and I have a daughter with spinal bifida. I’m in Fort Lauderdale price of a home expensive. I really wish you was down here. I’m looking at all your videos to learn. My credit score is 810 plus I will be a 1st time home buyer. Thanks so much for teaching us

[@ShaheedahHill]

Thank you so much for watching, if you are considering 55 and over communities, there may be an exception for her disability but please review ahead of time. Best of luck, excellent credit score!

[@adriennebaten8670]

@@ShaheedahHill Thanks again

[@briangonsalez2173]

Thank you, thank you, thank you! This is a question most ppl 50+ have. I’ve heard some ppl say; buying a home later in life; is like buying a coffin. So refreshing to hear you say it’s a good decision to stabilize income.

[@ShaheedahHill]

Yes, ma'am and the lifestyle you can have as an owner is just different. I didn't touch on that but many of my over 55+ clients are tired of living around all the people. They want their own space and peace. Thanks for watching!

[@ElleBrOw]

🗣🎤 Not over 50 but I’m here listening 👂🏽

[@ShaheedahHill]

Never too early, share it with someone over 50.. I am finished my age videos / 20's, 30's 40's and 50+...Everyone is covered.

[@tjtj6540]

Same

[@ronniejames6225]

Thanks so much. I own my property and I am going to build a house on it and I was concerned about my age. I feel so much more confident. Thanks again

[@rm5282]

That's great. Good luck and manage the draw schedule well for your builder.

[@shanagirl87]

It's amazing how much the home buying process has changed even since 2017. I signed with my lender in person and also escrow on closing day. 2021 I sold and every document was e-signed. Also, when I purchased no invite from the lender all electronically when closing they sent a Notary to my address. So many changes in such little time.

[@ShaheedahHill]

Yes drastic, you may never see the loan officer in person

[@queenreg7]

Yes! I e-signed amd sent my initial offer documents on my smartphone.

[@patriciabridgewater1395]

You are marvelous, thank you for all of this valuable information. I am 51 and I will be moving from NY to Florida and I am a first time home buyer. The market is very competitive but I'm not giving up. Thank you for your help, I won't look like a deer in head lights when I start the process.

[@ShaheedahHill]

You are so welcome!

[@kennynatco7224]

Thanks for covering this. As someone who just went through a divorce and lost everything, I was wondering how I was going to buy another house. Or whether it even makes sense. But after I get my finances in order, I will definitely look to buy another home. Great video.

[@jenniferharden2258]

Your channel is extremely informative. I appreciate all your solid advice.

[@ShaheedahHill]

Thank you for watching and supporting the channel!

[@EstelleCreativeDesigns]

Wow, 90 you just made me feel so good! I'm 61 and being a homeowner has been my biggest life dream. No matter what I'm going to keep going until I get there. Good information thank you.

[@ShaheedahHill]

Yes ma'am... let's get it!

[@gisellebarrow9672]

Thank you Shaheedah!! I have had my eye on a certain property for a long time! I'm in my fifties, and i'm seeing it come into fruition!! Thank you so much!!! I don't know why, but something led me to your channel!!!

[@ShaheedahHill]

Wonderful- welcome!

[@andariegos9466]

We moved from NJ to FL in 2015 on my husband’s pension. In the 8 years we’ve been renting here we’ve decided to pack it up and go back but to PA. He’ll be turning 60 (senior tax exemption) in September 2024 so we’ll finish out our lease in July 2025. Even though we owned homes in NJ I have been learning so much binging all your videos. If I knew back then what I know now. We’ve been trying to become homeowners here but it just doesn’t make financial sense. God willing, I’ll be looking forward to letting you know when we become homeowners again.

[@ShaheedahHill]

Thanks so much for watching. You will make it happen! Just make sure you move to a state that has senior tax exemption and I would avoid condos with high assessment fees that may increase overtime. You want your income to be as stable as possible..

[@techiediva2011]

My husband and I are in the beginning stages of buying a home and this video is right on time. We both will be 60 soon and thought we were too old for home ownership. Thanks for the information and and I just subscribed to your channel.

[@ShaheedahHill]

Thank you and welcome!

[@lilianramos2811]

I 66 yo I'm just dreaming a home for myself ( condo too ) and I guess just a dreamt I just want to park myself tired of moving ( renting ) I trust God 🙏 thank u for ur info 🙂

[@ShaheedahHill]

You can do it, thank you for watching!

[@Krisbaby05]

Thank you so much for your content. My husband and I are getting ready to purchase and I felt so intimidated by the process and so naive until I found your channel.

[@ShaheedahHill]

Thank you for finding me... excited for you guys!

[@Krisbaby05]

@@ShaheedahHill thank you. ❤ you're amazing for freely sharing your content

[@allicebrown6093]

Ndeed buy a home. So thankful at 59 I did. Now my mortgage is less than many of the rented areas. GOD. BLESS

[@ShaheedahHill]

Congrats!

[@geraldinecollins821]

Thx for all the info, I am over 60 and want to purchase my first home..

[@ShaheedahHill]

Go for it!

[@tonyasmith1917]

Thank you. I am 51 and these are ALL of the things I have been considering. It is on my Vision Board for 2022. 😉

[@ShaheedahHill]

Wonderful!

[@dianeptinsley]

Thank you so much for this video. I've started the process to purchase my first home but have been struggling with should I do this at 58. I'm a firm believer in affirmations and here you are.

[@ShaheedahHill]

Yes, you can do it and read some of the encouraging comments as well. Aside from the money...it is really a lifestyle...homeowners have a freedom that you don't have in renting, I'm in my 40s and the older I get peace of mind is more important as money in my account. Best of luck!!

[@liltandymoultrie7849]

dont give up, i brought my townhouse last year. and I"m 58

[@patol7525]

Shaheeda, all those celebrities you mentioned are millionaires!!! I don’t think they need to apply for FHA loan😄

[@ShaheedahHill]

I know 😂 I just wanted to point out 50 and 60s are not old....still so much living to do - so do it in a house! Thanks for watching

[@jlv3x]

The most important part of this is that a mortgage is a stable value, while rent always fluctuates. In my case my rent for the same apartment has increased by $400. Same apartment, zero work done to improve the unit, yet a $400 increase.

[@nevaehmorgan4030]

@@jlv3x holy crap!😲

[@glittergirl-tz4ru]

@@jlv3x dang. I was tripping over my $50 increase

[@theodoracarter2515]

Absolutely! Duh! Not relevant LOL!

[@Blessedone1953]

I am 67 and I just bought my second home. Age never entered my mind but rent control did.

[@ShaheedahHill]

Congrats and thanks for sharing

[@beauty4717]

I am 49 going on 50 & i live in the state of NY. I will like to relocate bc the homes are very expensive. I was worried about buying a home in my 50s because i am single & i don’t have a family. Thank you, your video gave me a change of heart ❤️

[@curlypdub9283]

I actually bought my first home last year at the age of 64 in Riverside County of California. I was never interested in homeownership because I did not want that responsibility, But with the prices of rent in Los Angeles going up, I had no choice but to go ahead and purchase a Home.

[@ShaheedahHill]

Congratulations on your purchase. What are the taxes like for seniors in your county?

[@curlypdub9283]

@@ShaheedahHill Thank you so interesting because I am in a 55+ community. 😊

[@curlypdub9283]

@@ShaheedahHill i’m not sure everything is included in my loan statement it says escrow for taxes and insurance is $246.56 you know this is new to me.

[@curlypdub9283]

I have a pretty decent mortgage considering I actually did a KZbin video of the home at pdubstuff my other channel.

[@Msterri4u]

Congratulations! I’m in Orange County. My daughter is in Riverside.

[@sparkle9482]

This was very informative! just what I was looking for to help me to make a decision if I should sell my home at 62 and buy another one in a 55 year community🙏❤️

[@ShaheedahHill]

@sparkle9482 Thanks for watching and sharing

[@treasuresbysata2165]

Very good video. I'm in the process of buying a home in a 55 and older community & I am experiencing everything you mentioned. I had challenges sending documents electro ically,signing electronically emailing & printing items. It was a little stressful. We also paid for inspecion,apptaisal , employment verification and application fee in which all of these items are nonrefundable with the exception of the down payment. All totaling close to 7000 00 just to find out that they don't accept trucks in their community. It's not a work truck but a decent looking truck with a cab on it

[@wandahicks9509]

I really need this information. 65 and waiting to buy a house. Arizona is expensive now

[@BIGJ-kb3vc]

All excellent points made in your video. About to sell my home, and relocate to a new one now that I’m retired. 👍🏾👍🏾

[@ShaheedahHill]

Congratulations

[@NateInDC]

I'm 58 years old and looking to buy my very first home on my own, I'm very nervous, I'm in transition renting an apt and have had homes with a spouse but this would be the first time doing it on my own, glad I came across your channel, I just subscribed

[@ShaheedahHill]

Welcome to the channel, you are in the right place. 😊

[@joanntukes5878]

Wow, this young lady spoke in what I have often thought of being my age and purchasing. Good information ❤️

[@ShaheedahHill]

Glad it was helpful!

[@e-silverdavis1468]

Great information! At age 55, I'm in the processing buying my first home. Thanks you so much for the data!!!

[@ShaheedahHill]

So excited for you! Congratulations😊

[@Savvynlady]

I'm over 50. Real close to 60(58),and live with my mom, who does own her own home. Still, I want my own. I'm ex military too.

[@rm5282]

You and qualify for a VA loan which will allow you to buy with no money down. Take advantage of that benefit.

[@happyisthegirl]

Make sure you learn about Mortgage Insurance with the FHA loan and the

[@abryant8287]

When I was younger, I was content w/renting, because it was easier, but that was when renting was cheaper. I am now sick of renting, because it is more expensive, or the same as a mortgage payment!

[@ShaheedahHill]

Very true!

[@mannarmylie4195]

When you rent you are paying your landlord's mortgage.

[@abryant8287]

@@mannarmylie4195 in most cases, yes.

[@jomedema8649]

Hey, thanks for reminding me about the possibility of property tax ememptions. I paused the video midway to drop an email to our county treasurer. Never hurts to ask!

[@ShaheedahHill]

Yes, smart move!

[@virgo2u181]

Thank God I found your channel because I was getting discouraged being 54 and finally want to buy me a home

[@ShaheedahHill]

Thank you for finding me...go for it!

[@ShaheedahHill]

Thank you for finding me...go for it!

[@Francia868]

You are terrific!! Keep doing what you are doing. You are plain speaking, knowledgeable and savvy!! I will check in with you regularly! I am a single, widow, who sold in 2008 and have been renting. I need to put down roots AGAIN. I love your comments about individuals who have are along in decades! I wish I'd have connected with you earlier. LUVU

[@ShaheedahHill]

Thank you so much for watching and for the feedback. I really appreciate it!

[@msistah247]

I am hoping it's not, I am 52 still hoping to get a home in the future. My credit score is good. I will continue to research and your channel has great content and I thank you for the information.

[@ShaheedahHill]

Best of luck!

[@valeriew1325]

My Mother plans to retire in NC. Thank you for the Tax info for people 62 and older. No School Tax...Yes! Makes sense! Thank You!

[@ShaheedahHill]

Every state is different but they should have a senior exemption of some sort, check with the NC Realtor. Thanks for watching

[@carlalewis153]

Scrolling through the tube, and saw this!, Confirmation!!!. Very Informative!, Really Good Vibes from this video,, Appreciate Seeing A Young Sista, helping others... 🤎💕🤎

[@momred205]

Shaheedah, thank you for your videos, I have been following you since oct. 2020 during my chemotherapy thank God no more chemo, I would like to buy a house in Ga.

[@ShaheedahHill]

Thank you for following me, I really appreciate that. I am so happy that you are finished with your Chemo treatments and I hope you are on the way to a full recovery. God Bless💕

[@brandym.williams7314]

I brought one at 65

[@kristaw66]

Came across your video and so grateful as I really would love to purchase a small home (cottage/ bungalow) within the next few years which will put me in my 60s

[@ShaheedahHill]

Go for it! Thank you for watching.

[@waynecmontgomery]

As a retiree I own 2 condos, I bought the condos as a tax-exempt nonprofit so I DON'T pay real estate taxes so that cuts down on what I owe as far as a condo fee goes every year. I don't have to worry about Medicare adding the real estate into personal assets. I only live in elevator buildings. I loved your video, great work!

[@ShaheedahHill]

Great strategy

[@user-lp8on7qm5x]

I have lived in my home for 30 years; I'm 63 but plan on moving into 62 & older apartment; Im tired of the Upkeep; grass, leaves, snow, gutters; and mostly the steps. I want a spacious apartment with Utilities included and a Elevator and A/C and I'll be HAPPY😁

[@ShaheedahHill]

Great, it is a wonderful time to sell and hopefully you have a lot of equity in your home for a good nest egg.

[@tracywalker244]

Absolutely!!! I loved home ownership when I was young now that I’m older I just want to come and go and not worry about maintenance.

[@MrWaterbugdesign]

Rents tend to go up faster than retirement incomes. Once retired people have more options on where to live. There are many areas in the US that are extremely cheap. The option I'm taking is to move to another country. Housing can be cheaper but more importantly to me is it's an adventure and high quality home care is much more affordable in many other countries. Home/rent is only one item to consider imo.

[@ShaheedahHill]

Thanks for sharing!

[@escalade8759]

Great advice! We will probably be buying our next home at the ages of 60 & 65.

[@ShaheedahHill]

Go for it!

[@barbarasmith6414]

I am 68 and has been pre- approved for 200,000 but there is nothing in that market range. I think I may have to wait until next year

[@ROYALP100]

Hint: pay all cash.

[@samanthatynisa]

Wait until next year until prices go down. Don't overpay.

[@Msterri4u]

You can purchase a home cash with that amount of money. Just depends on if you don’t mind smaller, or living in a rural area or moving out of state wherever it’s cheaper. I’m in Southern CA and there’s homes in Riverside that you could get for $200K.

[@susananders3834]

I bought my first home at 63, after renting Apts for 40+ years. I was very happy renting--until I was not. Increasing rents was part if the issue. I have really enjoyed having my own home, and it was the perfect timing for me. I considered my mobility issues in the home I purchased--one floor, no steps (including to enter and exit). Regular neighborhood, very diverse😊 , no HOA. My realtor was fantastic!

[@ShaheedahHill]

Thanks for sharing!

[@yvettemedina1859]

When is never to old to have one’s dream comes true. All beings need a home. security, privacy, nutrition, gatherings, work, rest, sleep etc. It’s a necessity not a luxury. Peace of mind and health.

[@ShaheedahHill]

Yes! Thanks for watching!

[@carolwilliams8840]

I just love how you provide such detailed information along with practical applications for that information. Thank you.

[@ShaheedahHill]

You are so welcome!

[@iamTW64]

Great info! Thank you for posting. I'm in my 50s and considering downsizing from my current home to a townhouse or condo. I will definitely be watching more of your videos.

[@ShaheedahHill]

Thank you

[@ednaanderson6007]

I'm moving to Florida in 1 year and this video helped me to come to a conclusion as to what I need to do. Thank you.

[@serenitysherrithomas5318]

Great Information I'm almost 60 & buying a new home thought I wanted to downsize from previous 3story Old Historical home in Detroit to ranch not enough roaming room so I went for a Quad Level home...luv it

[@ShaheedahHill]

Yes, not everyone is downsizing. Lots are upsizing at this age as well.

[@evaj3259]

Thank you so much Shaheeda I am not an US citizen but the content of your video still apply as there are many people who are 50 and have never been an, homeowner but feel it is to late but need unbaised advice. Especially those who are buying a home alone who may not be a high income earner.

[@Tabby.cat2]

I’m 46, this gives me hope 😊!!!

[@ShaheedahHill]

Yes, never too late...

[@akatsthought]

Me toooo

[@alfredspicer3697]

Thank you young lady for this information,because I and my wife has over 50 years old and we are in a process of buying a house,I just came to live in USA but she live here about 45 years she was renting from her mom almost 30 years and so her mom sold the house to a stranger so all those 30 years of rent that she would paying gone my wife was stress out over the situation,so we decide to buy a house on our own for the first time,we both are working pay check to paycheck,so I thank you for the information,because I just came to America I don't really get to the system as yet but I am getting there.

[@ShaheedahHill]

Congratulation and thank you so much for watching!

[@paliceganan1203]

Thank you so much for the great info. You answered a lot of questions I had. I plan to "retire" at 70 in a few years, meaning I'll start getting social security and may cut down to working part time. I also plan to move to the nearest blue state where prices are not crazy. I'm in California now, so definitely not here. BTW, liked and subscribed.

[@ShaheedahHill]

Thank you for watching and best of luck!

[@juanseaforth5111]

Hi new subscriber here. I’m what some people call a late bloomer. I purchased my condo two years ago. I will be 51 years young this summer and it was the best decision of my life I was told i was to old to purchase a home. I was able to secure a great fixed mortgage with a very low Interest rate of 3.25% and thanks to this crazy market my condo went up in value by $60K and the best part of me purchasing my condo my mortgage is less than my old rent.

[@ShaheedahHill]

Congratulations! Thanks for sharing

[@juanseaforth5111]

Thanks for the great content.

[@esskay8768]

Great Advice! Thank You! for the Encouragement! I qualify for a VA Loan and hoping to buy a home before retiring but it's a tough market out there!

[@ShaheedahHill]

It is but remain hopeful and strategic. If you are retired consider moving further away from the city...

[@kimberlyasample5938]

I Kimberly A Sample commend you for educating people on who still dream if owning their own home ...(Home) is where the (Heart) is.....and bring a dish when you come for the holidays so the clean up will be easy....and you know when that come and bring the food it's in their best silver.......(Aluminum)Tupperware you throw away or paper plates....as I Kimberly A Sample say home is where the heart is....and there's no place like home.

[@ShaheedahHill]

Thank you!

[@CoolCraftyCreations]

I’m 55, and I’m currently looking for a home and looking forward to it. Also planning to purchase some 2-4 family duplexes if I can and rent them out.

[@ShaheedahHill]

Great idea, thanks for watching

[@sandybear38]

I'm in the beginning stages of buying my first home. I'm so glad I found your channel. Your very informative, knowledgeable, and straight to the point. I will stay tuned for all the great tips. Thank you!

[@ShaheedahHill]

Yes please do and welcome!

[@gloriagargano1186]

I love your video giving me the courage to look for a home out of Northern California. I’ll be 72 was thinking of Cumming Atlanta Georgia. You have any recommendations for that area. Thank You keep the great job!!

[@ShaheedahHill]

Cumming is nice, also look at Holly Springs and Canton.

[@Debmun]

Great video and its good to see that ppl bought homes 50 and older. I'm 50 and saving for possibly a condo. I really don't want a house but I want to save as much as possible so it can get paid off as fast as possible or a low mtg pymt so when my escrow increases the pymts will still be in my budget.

[@ShaheedahHill]

Thanks for sharing, smart plan!