Archive | Real Estate and Communities

What Is a Retirement Community?

These days the term “retirement community” is everywhere — appearing all over websites, magazines, books and commercials. However, people seem to be using it an endless number of different ways. What gives? The root of the problem is that there really are many different types, so one person’s retirement community can be radically different from […]

Continue Reading

Mortgages for Retirees

Mortgages for retirees are the same as mortgages for non-retirees, right? Wrong.  If you’re a retiree looking to get a new mortgage or refinance an existing one the process will seem familiar. You’ll be given the same paperwork as non-retirees (for better or worse) and asked many of the same questions. However, there are some […]

Continue Reading

What Is a Reverse Mortgage?

What is a reverse mortgage? These days financial institutions and advisors are increasingly marketing these products to retirees. But what exactly are they? How do they work? What are the benefits and pitfalls? To get you started, here are answers to some frequently asked questions: What is a reverse mortgage? At its core, a reverse mortgage […]

Continue Reading

5 Best Real Estate Apps

With all the listings to sort through, areas to research, and prices to compare, finding a home to buy or rent can be frustrating — even for retirees who have gone through the process in the past. Luckily, your smartphone is ideally designed to help. In that little device is an internet connection, camera, and […]

Continue Reading

How Much Home Can I Afford?

As you begin the search for a new home one of the obvious questions is: how much home can I afford? Or, put another way: what price range should I be looking at? If you’re not looking for a mortgage then the answer comes down to how much savings or current home equity you’re willing […]

Continue Reading