seniors: Helping Seniors Prevent Falls - 08/27/14 06:18 AM
Helping Seniors Prevent Falls
 
Those of us in the senior adults age category know that falls are common and many of us have personally experienced falls that would not have happened during our younger years. The Montgomery County Fire and Rescue Service has provided the following recommendations to help seniors prevent falls.
This is a very good topic for family conversations and it would be great for younger adults to keep a close eye on the environments of the seniors in their family and their circles of contacts. Please share these recommendations.
 
Helping Seniors Prevent Falls
Anyone can … (22 comments)

seniors: Free Dental Care for Qualified Montgomery County Seniors - 02/28/14 11:09 PM
Free Dental Care for Qualified Montgomery County Seniors
 
The City of Gaithersburg has announced a new partnership that will provide free dental for qualified Montgomery County, Maryland residents over the age of 55. Please note that the program will end when the $15,000 grant is depleted.
This is the City notice:
Free Dental Services Available to Qualified Seniors
In partnership with the Montgomery County Area Agency on Aging, the Gaithersburg Upcounty Senior Center received a Maryland Department of Aging grant to provide basic dental services to low-income seniors currently without dental insurance. Adults over the age of 55 who … (12 comments)

seniors: Could a reverse mortgage help this buyer? - 01/21/11 05:49 AM
Could a reverse mortgage help this buyer?
The growing senior population has greatly increased the number of real estate transactions and the opportunities for real estate professionals in the senior market. The youngest buyer in case is 73 years old and owns a home that should net $700,000. There is no mortgage. They want to sell their present property and purchase a home with a more suitable floor plan as a new primary residence. The issue that bothers them is to have an adequate retirement income that will support their planned activities.
Fortunately, they live is a highly marketable area and … (32 comments)

seniors: Reverse Purchase Program - 03/15/10 06:06 AM
A reverse mortgage can help provide a higher quality of living for seniors that have lots of equity but a limited income. No income or credit requirements and no mortgage payments during their lifetime.

With the Spring Open House Blitz coming up I wanted to re-remind everyone about our Reverse Purchase Program.... Seniors can purchase a primary residence and obtain a reverse mortgage in a simultaneous transaction...enabling the Senior to never have to make a mortgage payment!

The qualifications are the same as a Reverse Refinance.... the Borrowers have to be aged 62 or older, and the subject property … (0 comments)

seniors: Senior Citizens Need Special Attention to "Right-Size" - 02/26/10 07:44 AM
 Senior Citizens Need Special Attention to "Right-Size"
Everyone knows that moving can be stressful, but senior citizens need special attention to "right-size".   During my course study for Seniors Real Estate Specialist(SRES), a designation given by the National Association of Realtors, I learned about many different issues facing seniors and the elderly when it's time for them to make a move.  This designation was important to me because of my love and respect for my parents as well as my affinity for the elderly - I hope to be one, one day.
With proper planning and preparation, the move can be smooth … (8 comments)

seniors: Reverse Mortgage For Primary Home Purchase - 02/25/10 02:25 AM
Reverse Mortgage For Primary Home Purchase
Some senior home owners (age 62+) and most of their real estate agents know that Reverse Mortgages can be used to fund retirement expenses of any kind without the obligation of monthly payments that would be required with normal mortgage loans. The typical transaction is refinancing the current primary residence.
The new twist is to use a Reverse Mortgage to purchase another residence. Many mortgage lenders are now offering this option that will assist many seniors in their retirement years or times of reduced income. The new purchase must be for a primary residence. The … (1 comments)

 


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