Senior Living

Advancing in life is something to be proud of. Now might be the right time for you to downsize and get some great amenities so that you can have a better quality of life. While managing financial and personal matters and selling your current home may be stressful, there are many things to look forward to while transitioning into more of a senior living lifestyle. We’ll show you some of your options including: getting a smaller home, moving to a condo, or joining an Active Adult Community.

Found 4 blog entries about Senior Living.

Can you afford to purchase your luxury retirement home today?

If you are retiring, you probably own a home and are about to finally see the fruits of the 401k you’ve been diligently nurturing for decades. So, you will likely have plenty of money to put towards the luxury home of your dreams and live the retired life in style and comfort. While it seems like you are going to afford it easily, retirement can be a long time, and there are important factors that will play into whether or not you can afford a luxury home in the long run.

Negotiating a Mortgage for your Luxury Retirement Home

30-year mortgagesare the most popular because they carry the lowest monthly payment. However, retirees should look to the 15-year loan. A lot can happen in 30 years, and as we age, we tend to have increased expenses

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What Style Home is Best for a Senior?

Many of us want to stay in the homes we love as long as we can. But as we get older, even small stairs can prove treacherous. Shelves can suddenly seem too high and cabinets too low. Not to mention the potential disaster high bathtub sides present. Builders who specialize in aging in place construction and remodeling are helping seniors overcome these obstacles, so they can live comfortably in new homes or longer in familiar surroundings.

Understanding Health Limitations for Seniors

Before we decide on what style and which features a home needs to have to best suit a senior, we have to look at a few lifestyle factors that influence seniors daily.

Health

As we age, our bodies don’t function quite as efficiently as they did in our

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Selling your late parent's house? Hire a good real estate agent

The sale of your parent’s house usually falls to you at an emotional time. The loss of a parent is difficult for anyone, and when compounded by the added pressure of handling their estate, it can feel downright crippling. There are numerous legalities involved with the sale of an inherited home. During this emotionally trying time, you will need support-- not just from family, but from a knowledgeable real estate agent who is familiar with these unique types of sales.

When a parent passes away, the home continues to accrue mortgage payments, utility bills and property taxes, so you’ll want to come up with a plan and act on it quickly. 

Carefully go through your parent’s belongings 

This sounds like a no-brainer, but the key word here is

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With the economy in turmoil and lifestyle preferences changing, traditional retirement counties aren’t looking as attractive as they used to. With this in mind, Forbes magazine set out to identify the Best Places to Grow Old. The magazine mined data from the U.S. Census Bureau to determine where people older than 65 live now. It examined housing costs, employment opportunities, and the availability of hospitals and eldercare facilities, among other things. Of counties with populations greater than 500,000, here are Forbes’ top picks of places in which to grow old gracefully:

  • Montgomery County, Pa.
  • Nassau County, N.Y.
  • Pima County, Ariz.
  • Palm Beach County, Fla.
  • Honolulu County, Hawaii
  • Brevard County, Fla.
  • Montgomery County, Md.
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