What is a Reverse Mortgage?

What is a reverse mortgage

There is a lot of talk about reverse mortgages and I get asked all the time what is a reverse mortgage?  Reverse mortgages have gained a lot of attention because they are "glamorized" as having many benefits to senior homeowner.  So many retirees are left wondering "what is a reverse mortgage"? As folks near retirement or are into their retirement years,  funding their retirement is a huge concern.  Large amounts of equity are tied up in many retirees homes.  Leaving … Continue reading...

What Is An Active Adult Community?

What is an active adult community

Lately, I have seen a lot of interest in buying in an Active Adult Community.  There are also more and more over 55 or Active Adult communities communities coming on board in Massachusetts. You will here them be called active adult, over 55 or 55+ communities. So What is an Active Adult or 55+ Community? An Active Adult Community is an age restricted, residential community.  Simply put it is a community of residence marketed for the over 55 crowd.  Most often, here in … Continue reading...

New Seniors Real Estate Specialist Designation (SRES)

Seniors Real Estate Specialist

I an your new SRES®.  I just completed training to become a Seniors Real Estate Specialist (SRES). By partnering with an SRES® (Seniors Real Estate Specialist) like me during your new home search, you'll gain the help and expertise of a REALTOR® specialized in meeting the needs of home buyers and sellers aged 50 plus. Not only do I have the experience of 13+ years in real estate, I have now have the education to help the 50+ community with their unique wants and needs when purchasing or … Continue reading...

When is it time to downsize? 5 Reasons it may be time to downsize

Top 5 reasons to Downsize

Lately I have been working with quite a few couples looking to downsize their home and seek a new place to live.  In many cases they have lived their lives for many years and have raised their families in their homes.  For many people it is a struggle of when it is time to downsize their home. I just talked to a couple I just helped recently.  We sold their home of 38 years and purchased a very nice townhouse in an over 55 community.  The move occurred about 4 months ago.   So I asked them … Continue reading...

Popular Retiree Destinations across the US

Retiring Population

Portfolio.com has compiled a list of recent retiree hot spots across the country.  While Florida and Arizona destinations lead the list there are some surprising candidates across the country. With 2011 having the fist wave of baby boomers retiring,  retirement has been a very hot topic.  Four percent of the retiring population will be looking to relocate to spend their golden years..... Find out where they are looking! Urban markets: Tampa-St. Petersburg leads this group, which is … Continue reading...