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Second homes for retirement have pros and cons

Posted: Thursday, December 8th, 2011 @ 7:41 pm by mick@sfresidence.com
Filed under: Retirement Community

Mercury News – Financial experts say buying your retirement home five to 10 years before you stop working could be beneficial.  However, people in this age group should be aware of the risks of tying up money and perhaps losing flexibility with a second home purchase.

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Test drive your retirement home

Posted: Friday, May 6th, 2011 @ 9:32 am by mick@sfresidence.com
Filed under: Retirement Community

Smart Money – Saddled with vacant units, retirement communities across the country are trying to lure new buyers by any means necessary – from adding cushy amenities and special move-in deals to lowering prices on homes.  And with summer fast approaching, one tactic is becoming especially popular: The “test drive.”