Boomers On The Move

Many of you reading this blog may have senior parents that are living in the same home they’ve lived in for many years and do not want to move, but for whatever reason they need money for bills, medical expenses, etc. One way that some people are getting this money is through reverse mortgages. Ideally [...]

You’ll surely find that the real estate taxes that you pay on a home can vary widely depending on what state, what city, and what county you are buying the home in. Why the difference? Well, several factors are at work here, but the main thing is that the taxes will usually be higher in [...]

Over the next several days and weeks I’ll be posting chapters from “The Ultimate Retirement Community Buyer’s Guide“. This is the entire text of the book (excluding the many buyer worksheets and checklists that are in there) completely free for you to read. In a few short weeks I plan to make available a printed [...]

55-plus communities are communities where the majority of the homeowners are over the age of 55. In most states, for a community to qualify for the 55-plus designation and to be marketed as such, at least 80 percent of the units have to be occupied by at least one person over 55. A common misconception [...]

So if you’re like most Boomers, your future retirement community probably will have a golf course, and many of you will shell out thousands in lot premiums to buy a home that is actually on the golf course. That would be perfect right? Maybe not all the time.

WCI Communities, with developments in Florida, the Mid-Atlantic, and the Northeast has filed for Chapter 11 bankrupcy protection. WCI is the largest home builder to date to file bankruptcy in this housing down-cycle.

Nextville: Amazing Places to Live the Rest of Your Life by Barbara Corcoran drops this month and I was given a copy by the publisher to review. You should also know that Barbara was kind enough to provide a quote for the advertising of my book, Florida for Boomers: A Guide to Real Estate.

TopRetirements has a good article here that talks about the pros and cons of retirement community living. A compilation of input gathered from boomers who have lived the community experience, the article does not try to scare you from exploring the active adult retirement options available to you, but it does give you some things [...]

A few months ago I covered the topic of houses and communities not being completed due to bankrupt builders who have become victims of the housing market. Mainstream media is finally catching up to us bloggers in describing the topic. It’s not only a nightmare scenario for buyers whose dream homes are not being completed, [...]

The Chicago Tribune has a good article here on Boomers choosing to “go green” when shopping for new homes and communities. But, this is only after their specific lifestyle and convenience needs are met. The article compares the choice to “buying a Lexus Hybrid instead of a Toyota Prius”. I’ve written about Boomers exploring different [...]