Real Estate Blog

According to the National Adult Protective Services Association (NAPSA), one in every 20 seniors fall victim to some kind of financial exploitation. Over the last decade, financial scams against seniors have increased significantly, becoming what many consider the crime of the 21st century. Sadly, in today’s society, we need to be on alert to the many risks to our financial safety as we age.

Scammers often target seniors because they have a perception that older adults are vulnerable, trusting and, on top of this, wealthy. While this stereotype of the older population is often false, there is some foundation for these ideas. Seniors grew up in a time when the technology scammers use didn’t exist yet. Without a full understanding of Internet safety,

2,675 Views, 0 Comments

A Homeowners Association (HOA) is a small governing body for a community that is responsible for maintaining the community and providing important services and amenities. While there are some stories online about HOA’s that abuse their authority or make unreasonable demands, there are many excellent reasons why 55+ communities offer the service of an HOA. We wanted to share a few reasons why we tell our clients that an HOA is still a good idea for the majority of 55+ retirement communities.

Preventing Disputes through Clear Rules

Neighbors living with an HOA can benefit from having the ground rules of the community clearly set out for them. There are no surprises. There may be extenuating circumstances in some cases, however, residents in a

538 Views, 0 Comments

Choosing the right location for an active retirement and a higher quality of living can hinge on a number of key factors that change year-in, year-out. When we advise our clients about their retirement living options, we point them toward several trends to keep their eyes on as they make their plans:

What Kind of Retirement Living Arrangement Do You Want?

The Philadelphia, PA region has a large number of 55+ Communities and Continuing Care Retirement Communities (CCRC). A 55+ independent living community can be made up of condos, attached homes or single homes. They provide the privacy and space that many senior citizens desire, while also connecting them with an established community. There’s usually a homeowners association that manages

506 Views, 0 Comments

Home Care vs. CommunityIf given the choice, most of us would prefer to stay in our homes as long as possible. We typically associate living in our own home as seniors with more freedom, independence and resiliency. Many seniors believe these characteristics go away with a move to a senior living community. However, many seniors experience the social life, stress relief and optional support to be well worth trading in their homeownership.

To give a single answer to where seniors live better would be impossible. Everyone’s needs and desires are unique, and only you and your loved ones can answer that question for yourself. Nonetheless, we hope to help seniors explore every option available to them when it comes to needing the best support for their lifestyle.

While most of

1,148 Views, 0 Comments

Whether retirement planning energizes you or overwhelms you with options and details, we have good news for you. Many of our clients are surprised by how simple and stress-relieving retirement planning can be. Even if you are worried about your finances, having a simple plan in place can make a tremendous difference in your outlook and remove a source of long term stress. Here are a few ways that you can begin to plan for retirement.

Set Up an Emergency Fund

An emergency fund, such as a savings account or a money market account, can provide quick cash when car repairs or an emergency taps out your existing bank account. Emergency funds will keep you out of debt and prevent you from tapping into your retirement funds. It’s typical to save at least

483 Views, 1 Comment

Making Senior Living Feel Like HomeWe can all agree that change is hard. Even when we’re making a change for the better – such as moving to a carefree senior living community – nervousness, sadness about leaving your old home, and feeling out of place can make it difficult to transition smoothly into your new lifestyle. However, with a bit of perseverance and a positive attitude, you can start to feel at home in your senior living community in no time.

Transitioning from One Home to Another 

By the time we reach retirement age, most of us have lived in the same house for years. Many have raised our children in that home and have a lifetime of memories connected to it. You may wonder how your new residence at a senior living community can ever feel like home compared to that. To be

1,450 Views, 0 Comments

When it’s time to sell your home in order to retire, there are a few steps every seller can take in order to make their homes stand out and more appealing to buyers. While staging your home for home buyers is certainly an up front investment that isn’t guaranteed to pay off, the odds are that your home will sell faster and for more money if you take these steps when preparing it for sale.

The First Impression for Home Buyers

When potential buyers pull up to the curb, do they see a well-trimmed yard, flowers, attractive landscaping, and a home that is in good repair? Sprucing up the paint, refreshing the mulch, and investing in a few flower pots can make a significant difference in improving your curb appeal and making your home more attractive to

528 Views, 0 Comments

Americans continue to seek ways to get the most out of their retirement years, prioritizing simplified and affordable housing options so that they can pursue the work and leisure activities of their own choosing. Moving to an active adult community such as a 55+ community can help many in their pursuit of this active retirement lifestyle, and every year we see exciting new trends that we discuss with our clients as they form their own retirement plans.

Here are five trends we’ve seen in active adult communities that we think you need to know about:

Universal Design for 55+ Communities

The idea of universal design for homes and especially retirement-friendly homes is catching on far beyond 55+ communities. However, it’s especially important in

1,126 Views, 0 Comments

From the courts of ancient Rome to the modern-day backyard cookout, bocce ball has earned its place as one of history’s most beloved outdoor games. In the U.S. today, bocce ball typically falls into the category of yard games along with croquet, horseshoes and shuffleboard. The game is easy enough for anyone who can toss a ball, yet it can offer a challenge for advanced players who use strategic tactics to win.

If you’re looking for a fun way to pass the time this summer, bocce ball is a great way to get outside, enjoy others’ company and get moving. Read on to learn how to play and give it a try for yourself! How to Play Bocce Ball

What You’ll Need 

To play bocce ball, you’ll need to acquire a set. You can buy a set for as little as ten dollars, or purchase a higher

4,509 Views, 0 Comments

Every senior citizen’s retirement plan today takes social security payments into account, but we are well aware that many of our clients aren’t counting on social security alone to support them throughout retirement.

Our clients have three or more income sources that they’re counting on to provide a steady income to finance their time in active adult communities (55+ Living Communities) or Continuing Care Retirement Communities (CCRC’s). Here are a few of the most important financial planning tips we’ve come across.

Evaluate Financial Planners for Retirement

A good financial planner will help you set goals and advise you toward stocks and investments that will help you earn a reliable income over time. While a 401K can provide significant income

488 Views, 0 Comments