A place for mom – cash or loan?
A place for mom - cash or loan? My mom is moving from the Tulsa suburbs to Sun City in AZ to live closer to me, in Phoenix. The proceeds of her 3-bdrm Tulsa house will be about $230k. (She owns it outright), and the buying power of $230k Sun City will require her to settle for something much smaller,older and out dated. (If you’re familiar with original Sun City, she really li...