Real estate for Seniors

Real Estate, Real estate for Seniors

What’s new in 2023’s real estate market in South Florida?

It’s been a few months since I’ve posted a blog, and I apologize. Much like most of you, I am trying to make sense of what is happening in the real estate market in South Florida in particular. Actually, 2023 has started off very strong for me with many of my longtime clients putting the […]
Real Estate, Real estate for Seniors, Uncategorized

What is the locked-in effect?

The “locked-in effect” is what happens when: Your current mortgage is so low that it’s just too attractive to stay put, as anywhere you move to will be too expensive to consider You refinanced into a historically-low rate, the monthly payment is ridiculously low, and if you buy anything new, your rate will now be […]
Medicaid, Real estate for Seniors

Are you stuck in your house because of Medicaid?

Many baby boomers are Medicaid recipients. They are also homeowners. Some are considered “house poor” because they have no money in the bank, their homes are not in the best of conditions, and they cannot afford the cost of maintaining their homes. Moreover, some cannot sell their homes because the cost of losing their Medicaid […]
Estate Planning, Real estate for Seniors, Wills and Trusts

Go ahead and use the fine china

When I was growing up, my mother had a set of fine china, one that we couldn’t use. As a child, that made no sense to me. You bought it but why can’t we use it? The answer was always the same: It was for special occasions. I am now in my mid-50’s and to […]