Relocating is hard.  Just to pick up and leave your home and make a new home is more than what it appears to be on paper.  This is especially so for senior citizens who may be leaving the home they raised their children in, shared their marriage in, and lived the bulk of their life in.  There is a new service online designed to help seniors in making this transition in their life a lot easier.

“There are so many different options for today’s mature adults that it is mind-boggling,” noted Steve Peletz, manager of SeniorSF.com and CEO of Peletz & Company Real Estate in San Francisco.  “Having worked with many seniors preparing for the next phase of life, we designed SeniorSF.com to help mature adults review the various living alternatives available in the marketplace. We help seniors review lifestyle, geographic, and financial considerations. The many financial arrangements alone can confuse the most business savvy amongst us, but with a little help, senior citizens and their families can find the living situations most suited to their needs and preferences,” Peletz added.

It isn’t easy.  It is never easy, but with a little help it can be a process that isn’t as painful and even more, can be the start of a new and exciting part of life.

Senior SF

Thinking about buying a second home? You’re not alone. New research from the National Association of Realtors finds that second-home purchases are growing at a rapid pace and baby boomers are leading the way. Boomers are still in their peak earning years and are purchasing second homes not only for vacation purposes, but as investment vehicles to diversify their portfolios.

According to the National Association of Realtors:

• Second-home sales accounted for four out of 10 residential transactions in 2005;
• Sixty-three percent of investment-property buyers purchased for rental income, while 49 percent wanted to diversify their investments
• Fifty-three percent of investment-property owners own two or more investment homes
• Twenty-one percent of vacation-home owners own two or more vacation homes
• More than 1 in 10 second homes are now owned by minorities.

Are you considering a second home for a college bound child?  Perhaps you have thought about buying your dream getaway.  Whichever it may be, consider what you are getting into financially before you sign on the dotted line.

Questions Regarding a Home Purchase for a College-Bound Son

Benefits of Owning a Second Home

Purchase Your Own Private Getaway