I'm not sure if you're noticed, but there are numerous Active Adult 55+ communities being built throughout the Philadelphia region. The baby boomers are retiring and adult communities are in demand!
Do you know someone that is thinking about moving to an age restricted community over the next couple of years? Here are some questions to think about when choosing the best community:
Location:
Do you prefer living close to family/friends or in a particular area for health or weather reasons? Do you want to live in a development with minimal amenities within a city or prefer a more isolated community that meets all your social needs and includes all the onsite amenities you desire?
Cost:
How much can you invest in your new house and what is your monthly budget for living expenses? Remember to include all Homeowner Association (HOA) fees and any upfront move-in fees if applicable.
Lifestyle:
What types of activities and amenities would improve your quality of life? Do you want a residence close to major cities? Are you interested in a "niche" community of people with the same interests/priorities/beliefs?
Tax and Financial Impact:
Expert advice now could save you thousands and improve your options during retirement. How will the move impact your tax liability, especially for capital gains with you sell your home? If you have to pay a large "up front" fee, will that be returned should you decide to leave?
What are the property taxes in particular areas?
If you'd like a free brochure with some additional tips, contact me directly.
Do you know someone that is thinking about moving to an age restricted community over the next couple of years? Here are some questions to think about when choosing the best community:
Location:
Do you prefer living close to family/friends or in a particular area for health or weather reasons? Do you want to live in a development with minimal amenities within a city or prefer a more isolated community that meets all your social needs and includes all the onsite amenities you desire?
Cost:
How much can you invest in your new house and what is your monthly budget for living expenses? Remember to include all Homeowner Association (HOA) fees and any upfront move-in fees if applicable.
Lifestyle:
What types of activities and amenities would improve your quality of life? Do you want a residence close to major cities? Are you interested in a "niche" community of people with the same interests/priorities/beliefs?
Tax and Financial Impact:
Expert advice now could save you thousands and improve your options during retirement. How will the move impact your tax liability, especially for capital gains with you sell your home? If you have to pay a large "up front" fee, will that be returned should you decide to leave?
What are the property taxes in particular areas?
If you'd like a free brochure with some additional tips, contact me directly.
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