Senior Living
As prices have skyrocketed over the last decades, you know you are sitting (and sleeping, and eating breakfast) in a gold mine. But how do you get the benefit of all your built-up equity and still enjoy life as a homeowner?
- Do any of these statements sound like you?
- I'd like to sell my home, buy something smaller, but don't want to lose my low property tax rate.
- I'm thinking of relocating to Southern California (or another sunny spot) to enjoy the warmer weather, but don't know any good realtors there.
- I'd like to stay in my home, but investments have yielded poorly, monthly income has dwindled and expenses are up. I'd like to tap into my equity without increasing my expenses, if possible.
- We are thinking about moving to be near our children and grandchildren.
We want to pass on our home to our children and/or grandchildren with the least amount of hassle and tax burden for them. - My mother (or father) has become too fragile to live in their home. How can I find a good place for them and make the transition easy on everybody?
YOU ARE NOT ALONE - ANSWERS ARE AVAILABLE
For example, Propositions 60 and 90 are especially designed for seniors with California homes who want to sell their big expensive-to-maintain home and move into a less expensive one and still keep their lovely low property tax payment. In 1997, dramatic changes in income tax laws are allowing sellers to keep up to $500,000 of their capital gain on their home tax free. For details click below:
 Profile of a Senior Click here |
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 Creativity, Activity and Longevity Click Here |
 Reverse Mortgage Click here |
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 Purchasing a Second Home Click here |
