FREQUENTLY ASKED QUESTIONS
These are among some of the most frequent questions to consider prior to determine your next best move. Our service-oriented approach is to help you evaluate both the lifestyle fit and financial aspects associated with your purchase.
What type of community do I want to live in, and where?
What specific amenities are important to me? Perhaps be close to a golf course or shopping? Many seniors see this as an opportunity to enjoy a lifestyle that is different from when they were raising their family or pursuing their career. There are many dynamic and active communities all over the Bay Area and around the country with characteristics that will match your interests and needs.
How much do I want to spend?
Prior to deciding on your housing budget, we recommend that you consult with your financial advisor, attorney or banker to assess what you can afford while being able to live the life you imagined during retirement. Our team can provide additional guidance and advice you need to ensure that your decisions are sound.
Do I want a mortgage or should I pay cash?
You may have questions such as: Does it make sense for me to carry a mortgage during my retirement? If so, how do I secure a mortgage in today’s market? What are the current rates and terms? Our network of experienced lenders and brokers with proven track records are ready to not only help you answer any questions as well as assess your financial capabilities and needs.
Do I want a primary residence, investment property, 1031 exchange?
Our experience working with many seniors throughout the years and has helped us understand that every buyer has different intrinsic needs when it comes to what type of property will best serve them in the retirement years.
Whether you are purchasing with a 1031 exchange or using savings to purchase another investment property, our team can help you not only the difficult process that comes with working through multiple real estate transactions but to help you understand the tax implications that comes with the purchase.