Category Archives: Real Estate Market

Retire to Rhode Island and Experience All That the First State has to Offer

If you are an empty nester, looking for a place to settle down now that your responsibilities are over, and you no longer need to be based where your work is, you should consider Rhode Island as a place of retirement. Rhode Island is in the New England region and is an ideal place for 55+ active adults looking for adult living communities. You will find 20% of the country’s landmarks and 400 miles of coastline here. All types of watersports, such as boating, sailing, fishing, etc. are yours and there to be enjoyed if you purchase a home in an Active Adult Community in Rhode Island.

Take a Holiday During Your Retirement Years to Recharge your Batteries

Very few people I know are willing to take the time to go on holiday. They rarely take the time for this enjoyable pastime. There are many reasons that very few people take the time to go on holiday. Most of the time, I think, it is because they are so bogged down with their busy schedules and daily routines that they just forget when they last had a holiday. Then there is also the consideration of money. Whatever the case may be, taking a holiday enables you to recharge your batteries. You may wonder why you need a holiday now that you are retired. Well, guess what, you too need a break from your daily routine. Here are some benefits of taking a vacation.

Is a Condo Lifestyle Right For You?

Downsizing, less maintenance, or desiring a second vacation home are just a few of the great reasons baby boomers and retirees are choosing condominium communities for their active lifestyles. Buying or renting a condo in a 55+ retirement community can be the perfect option to a single family home in terms of both price, and convenience. Some offer features such as underground parking, elevators, or a doorman, and many communities are located near exciting local attractions with amenities such as fitness centers, and clubhouses. If retiring the lawnmower, and show shovel sound like a great idea, then condo life could be for you!

Types of Rentals for Active Seniors

Many 55+ seniors prefer the less demanding task of renting homes because they do not wish to spend all their savings on the purchase of a home. Some 55+ seniors are just not interested in making a long-term investment that goes with buying a home. Whatever your preference, there are four categories of renting that you should be aware of. These are short-term rentals, long-term rentals, weekend getaways, and rent-before-you-buy. If you are interested in renting a home, you will be benefited by understanding what these four categories entail.

What will Seniors Choose – New Construction or Resale Homes?

Selecting the right home to retire to, can be an extremely challenging experience. You would have selected the preferred area, but now, will be at a loss about the community. There are many communities that offer you different home styles and other choices that selecting the right home can be pretty mind-boggling. If struggling with considering a newly constructed home vs. a resale home, you should be aware of some factors that may help you with your choice.

Home Design Tips for 55+ Seniors for Large and Spacious Homes

Many 55+ active adults prefer to live in smaller homes as this requires the minimum of maintenance. However, there are instances when your small home may tend to smother you and cramp your style. If you are an active adult who has been wondering what to do with your small home, and how you can make it look a little bit spacious, here are a few design tips that will help you get through this process. Adhering to these design tips will also include your personality into your home while making your home look good.

senior couple doing the income tax declaration online

Georgia Tax Benefits for Seniors

More and more retirees are considering moving to the wonderful state of Georgia. Why? Apart from all that ‘the Goober state’ has to offer, Georgia also has excellent tax benefits for seniors. If you are senior over the age of 65, you would understand the lure of Georgia. Most seniors live on a fixed income. Taxes and other extra expenses can cut into their income and lifestyle. This is one of the main reasons why seniors are moving to Georgia.

Buying a House

How To Buy Like a Real Estate Mogul

Townhome, single-family, closing costs, oh my! Shopping for a home whether you’re a first-time buyer, or seasoned escrow veteran can, and often is one of the most challenging tasks we face. The online window shopping – dreaming about the property with the white picket fence and gleaming hardwoods is the part we all love, but getting down the nitty gritty of the buying process can launch us into the mind-frame of “what was I getting myself into?” While you can’t take the hassle out of the endless signatures, and unexpected events that may arise, arming yourself with a little know-how can make the transition from application to keys -in -hand a little easier.

Be Realistic – Know how much house you can afford and whether you’ll be able to maintain it long term. From HOA fees, and renovation costs, to saving for major repairs, the price of owning a home goes beyond your mortgage payment. Also, consider the cost of utilities – it takes far less to heat and cools a townhome than a 2,000 square foot house. Give your realtor a wish list of must-haves, but also let he or she know what your limits are so the candidates they show you are within the scope of manageability.