http://www.botmblog.com The Baby Boomer Travel Blog Mon, 02 Nov 2009 05:35:31 +0000 http://backend.userland.com/rss092 en 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 ... http://www.botmblog.com/2009/07/what-boomers-should-know-about-reverse-mortgages.html For some, building a new home in which to enjoy retirement is the ultimate dream. There’s not much more exciting in real estate than picking a lot, choosing or designing a floorplan, making your interior design selections, and seeing it all come together right before your very eyes. Besides being exciting, ... http://www.botmblog.com/2009/06/new-home-construction-process.html You may think that once you've moved into your brand new home in a new retirement community that your work is done. This is only partly true. There are several things you should do after you move in to keep your home looking and operating like new. Periodic Maintenance These include monthly ... http://www.botmblog.com/2009/06/maintaining-your-new-home.html There are costs other than the sales price that are incurred in your real estate purchase in a retirement community. As the buyer, your share of these costs will typically range from 1% to 2% of the sales price. The closing costs that you pay will be a function of ... http://www.botmblog.com/2009/06/real-estate-closing-basics-for-boomers.html The walkthrough, or new home orientation as it is sometimes called, is one of the most important phases in the construction of your new home. It is a time for you to meet with the builder and let him or his representatives acquaint you with your new home and all ... http://www.botmblog.com/2009/06/new-home-walkthrough-checklist.html Real estate financing, for the most part, is no different from state to state. However, if it has been a few years since you last went through the process of getting a mortgage, you could use some refreshing on the world of real estate finance before placing an offer and ... http://www.botmblog.com/2009/06/real-estate-financing-for-retirees.html With most purchases we make in our daily lives, negotiation is usually not part of the transaction. We don’t try to haggle with the barista at the corner coffee shop over the price of our grande white mocha, no whip, with non-fat milk. Because of this, when we go to ... http://www.botmblog.com/2009/06/negotiating-with-homebuilders-and-developers.html I've written quite a bit on this blog about The Villages, the popular retirement community in Central Florida. I've also written a book for those thinking of buying in The Villages and wanting to learn more about it, titled "Complete Guide to The Villages Florida". One of the reasons The Villages ... http://www.botmblog.com/2009/06/irs-goes-after-the-villages.html Home inspections and home warranties are two tools available to you that will help to ensure that the present and future condition of your new home is satisfactory. Before finalizing the purchase of a home in a retirement community, you should always have a home inspection done. This point cannot ... http://www.botmblog.com/2009/06/retirement-community-home-inspections-and-warranties.html In addition to the obvious need to protect your investment, the ability to get homeowner's insurance is of utmost importance when getting a mortgage on your property. No mortgage company will loan you money on a home in a retirement community without you first having insurance on the property. In ... http://www.botmblog.com/2009/06/retirement-community-homeowners-insurance-basics.html