How does a HECM or Reverse Mortgage actually work?
In one sentence, a HECM/Reverse Mortgage is a home equity loan that does not require traditional monthly payments.
What is a HECM Reverse Mortgage loan?
Have you heard of a HECM loan? If not, let me share with you what it is and clarify if it is something you should consider.
The Lighter Side: Retired couples at home: Tolerating each other’s little annoying habits
The pandemic has expedited retirement plans for many older people. Much is written about the perfect types of homes for older folks, but not much about how couples that are retiring survive this adjustment.
The new reverse mortgage – Part 2
Colorado is one of the fastest aging states in the country and Boulder County is also rapidly aging. Reverse mortgages are becoming more popular as baby boomers retire and want to maintain their standard of living. The reverse mortgage is a financial tool, which has...
The new reverse mortgage Part 1
The upcoming Aging at Altitude Expo will be held at the Boulder Jewish Community Center on April 23. One of the sessions at the conference will explain reverse mortgages as a financial tool for those who are 62 years of age and over.
Wondering if you’re too old to buy a home?
There are certainly few things in life we’re too old to do, like playing in the NFL. However, when it comes to buying a home, you’re never too old. In fact, the National Association of Realtors® (NAR) says that about 25% of first-time homebuyers are over 52 years of age
Real estate new year’s resolutions for 2022
It’s time for New Year’s resolutions! This year, why not add a real estate resolution or two to your list–and see if you can make it happen?
Now is the time to buy your retirement home, even if you’re not ready to retire
In addition to financial investments, start thinking about where your ideal retirement home might be located, whether it’s here in Colorado, in another state, or even another country.
Time to downsize? Signs to help you decide
Downsizing is almost inevitable for most of us. Just like the home-preferences of single adults are different from those of families with young children, so are the home needs and wants of retirees.
Multigenerational living is here to stay, according to recent study
The number of Americans living in a household with three or more generations increased nearly threefold over the past decade, according to a recently released study from Generations United, Family Matters: Multigenerational Living is on the Rise and Here to Stay.
Wondering if you’re too old to buy a home?
There are certainly few things in life we’re too old to do. However, when it comes to buying a home, you’re never too old.
Baby Boomers move on hot seller’s market
If there’s one group poised to sell their home, it’s the boomer generation – those aged 57 to 75 years old. And in today’s hot market and high prices, this group is cashing in.
Coronavirus Financial Relief with a Reverse Mortgage – Part 2
The COVID-19 pandemic has taken a toll on the retirement accounts of many seniors. Senior homeowners may be able to seek relief through a reverse mortgage.
Coronavirus Financial Relief With a Reverse Mortgage – Part 1
The economic effect of the coronavirus pandemic been global. Seniors who are homeowners have another alternative to access to cash for living expenses: the reverse mortgage.
Coronavirus, Senior Housing and Accessory Dwelling Units
Across the nation, senior housing facilities, from independent living to memory care, have been hit hard by the coronavirus. As a result, many families are choosing to bring their elderly loved ones into their home.
Five-Star Retirement: Balfour Senior Living Communities Meet All Your Needs In Style
Established in 1997, Balfour Senior Living Communities is a collection of soon-to-be ten coveted luxury retirement communities: eight in Colorado including in Denver, Littleton, Louisville and Stapleton; and a new Longmont, location scheduled to open in late fall.
Property Tax Bills Are Out! Consider Senior Tax Deferral, Discount and Worker Program
Property tax bills just came out and are in every property owner’s mailbox, putting property taxes at the top of mind!
Buy Your Retirement Home Now, Even If You’re Not Ready to Retire
Make a plan to find a second home and buy it as soon as you can. Ideally, you will own this second home free and clear to move into when you’re ready to retire.
AltaVita Senior Living Residences: A Place to Age With Grace
Filling a niche for older folks who want a place to call home for years to come, AltaVita has thought of every lifestyle element that seniors desire — and deserve — in an adult living community.
Innovation in Boulder senior living: Take a ride on the pedicab
October 2019 marks the one year anniversary that my pedicab made its debut at Brookdale North Boulder. The idea came from a medical student in Amsterdam who was giving pedicab rides to seniors, and I thought it would be wonderful if I could do the same. I
Selling your home, downsizing or just getting rid of junk?
One of the basics of selling your home, or enjoying it to the fullest, is getting rid of clutter. As they say, a cluttered home means a cluttered mind – and often chaos in your life.
Realtor for Life: Tips for seniors downsizing to a smaller home
Baby boomers are retiring and downsizing their homes at record rates. “Aging in place” is a common catch phrase for seniors, meaning growing older in their own homes.
Realtor for Life: What are the choices in senior housing?
Across the nation, baby boomers are aging and the demand for various levels of senior housing is high. Senior housing can be a major component in a family’s decision to move to a new location or stay in the same location. The supply and pricing of available senior housing can have a significant effect on when and where families move today.
The Honest Difference: Miracle Method
Brian and Lynne Weber, owners of Miracle Method of Boulder, are deeply motivated by providing their customers with a superior experience.
Seniors and property tax: Deferral, discount and work program
Did you know there are three different opportunities in Colorado and Boulder County available for seniors to ease the burden of property tax payments on real estate?
