Senior Real Estate Answers

How Moving Can Save Your Parents Money

As a senior real estate specialist, I'm often approached by senior clients who say, “I'd like to move out of my home, but I don’t want a monthly payment.” It’s my job to remove that obstacle and help them make the move. To do that, I need to help my clients understand that even though they may own their homes outright, and even though they may not be writing out a monthly check to a mortgage company every month,...Read entire article »

Reverse Mortgages: Pros and Cons

Reverse mortgages understandably have their fair share of both advocates and critics. A financial tool to help seniors pay for home improvements, stay in their home, and increase their standard of living, the downside of reverse mortgages is that the cost can be high. I recently met with a family who asked me to help them talk with their aging parent about moving. The senior and her adult children shared with me their concerns about why they thought it...Read entire article »

How Can a Real Estate Agent Save Me Money?

At seminars, I’m often asked to talk with seniors about the process of selling a home. The most common question I get is: what do I need to do to get my home ready to sell? I usually tell the person who’s asking that I’d be glad to visit the home and make some suggestions. The response I almost always get: “Oh no! I would need to get my house in order before you came over.” We all think...Read entire article »

8 Tips for Hiring a Great Real Estate Agent

Recently I wrote an article entitled “How to Hire a Realtor Who Specializes in Working with Seniors.” Once you’ve decided whether you want to work with a realtor who specializes in working with a senior clientele, it’s time to compile a shortlist of candidates and begin scheduling interviews. Let’s consider eight essential rules of thumb that you’ll want to keep in mind for these next crucial steps in the hiring process. 1. Ask someone who works with seniors if...Read entire article »

How to Hire a Realtor Who Specializes in Working with Seniors

With the graying of America, small business is already trying to capitalize on the increase of aging baby boomers. Many service-driven businesses have concocted designations that signify they “specialize” or are “experts” in working with seniors. As a consumer, you should know what the service professional did to earn the designation of “senior specialist.” Some designations simply require the professional to warm a chair in a classroom for eight hours, while some require study and grueling written tests. Then,...Read entire article »

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