
Earlier this year, everyone seemed to be focusing on the downward spiral of the housing market, and in the last few months we’ve been inundated with news about the downward spiral of Wall Street. One thing is clear: it’s been a year of uncertain economic times. However, none of the financial or real estate economic experts seem to agree on what the future holds. Market volatility makes it almost impossible to predict how soon we’ll see more stable economic...
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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,...
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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...
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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...
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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...
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