SRES® Blog

Clients who are struggling financially because of the pandemic may look to you for advice if they can’t pay their mortgage. Keep up on mortgage relief options, so you’re prepared to guide them to appropriate resources. For instance, thanks to the Coronavirus Aid, Relief, and Economic Security (CARES) Act, homeowners with government-backed mortgages (Fannie Mae, Freddie Mac, HUD, VA, and USDA) can request up to a 360-day payment forbearance without proof of hardship. They’ll incur no additional fees, interest, or penalties for the forbearance. Also, talk with clients about how they can set

If you’re looking for ways to serve your community and build stronger local connections, consider launching a caremongering site on Facebook. Caremongering is a grassroots phenomenon that has swept across Canada to respond to community needs related to the COVID-19 pandemic. The Facebook sites give people a way to find and assist neighbors in need. Locals post requests for help – grocery shopping, protective masks, medicine pick-ups, and so forth – and volunteers step in to fulfill those needs. Some Caremongering site examples: Kelowna (https://bit.ly/2RyJyZf) Oakville (https://bit.ly/2Vn91py)

When interviewing potential assisted living facilities, it’s a good idea to have a standard list of questions to ask each one so you can make relevant comparisons. This may include: What levels of care does this facility offer? What abilities and degrees of self-sufficiency are required of residents? What happens when these abilities change? Do you conduct an initial patient health assessment before admission? How often are assessments repeated? Are they written and available for the family’s review? What is your staff-to-resident ratio during the day? At night? Is a nurse on-site around-the

1. Start with the easy stuff. Eliminate anything that’s broken, damaged, or no longer wanted. Then, go to the out-of-the-way spaces like attics, crawlspaces, and garages. Progress in these "easier" parts of your home will help you build momentum and tackle the harder-to-decide areas. 2. Ask yourself, "If this disappeared tomorrow, would I run out and replace it?" If you wouldn't miss it or need to replace it, it's probably not worth keeping. 3. Don't be a storage unit for others. If friends or relatives have left things for you to store, it's time to ask them to pick up their possessions—or

3 Ways Gen Xers Can Start Tough Chats with Boomer Parents Even if you’re a Gen Xer and your parents are younger baby boomers who are healthy and fit, it’s not too early to start talking with them about their future. You can start addressing some of the more challenging topics – finances, housing, and health directives – to get a feel for your parents’ plans and thinking. Weaving them into conversations early and making them natural discussion topics can lay the groundwork for later when you need to have more in-depth decision-focused discussions. Rather than always relying on direct questions

How to Stay Active When Moving to a New Community So, you’ve decided to move into a new community. You’ve packed the essentials and said hello to your new sanctuary. Once all the hustle and bustle of moving is over, what’s next? An adventure is what’s next. Now is the time to explore your new habitat and find the cool opportunities that your living space has to offer. This is the next and best chapter of your life. Types of Communities and Amenities There are numerous communities that are geared towards people of the same age and interests. Active retirement communities (https://www.55places

Scammers Capitalize on Coronavirus Fears. Protect Yourself. When the Coronavirus news started spreading, normal people took steps to protect themselves and their families. Scammers spotted an opportunity. They’ve already capitalized on people’s fears with fake ads, phishing emails, and promises of miracle cures. So in addition to guarding your health, you also have to protect your computer and your wallet. Beware of links Don’t click on links from information sources you don’t know. Even if someone says they’re sending important health updates, be suspicious. Someone may be trying to install

College towns are attractive destinations for many retirees. It’s a trend that has also spawned the development of University-Based Retirement Communities (UBRCs)—facilities that offer residential housing while also promoting lifelong learning for seniors. University-based communities are as varied as their residents. Before selecting one, it’s essential to determine which activities, amenities, and lifestyle elements are critical, including the hobbies you enjoy, your educational interests, health concerns, eating, and activity preferences. The following questions can help you identify which

Every housing decision involves a complex set of factors, but moving into an active adult community adds several unique considerations. A real estate agent with the SRES® designation can help you sort through these and other factors when deciding on your next home: Location Do you prefer living close to family and friends or in a particular area for health or weather reasons? Do you want to live in a smaller urban facility with minimal services, or do you prefer a more extensive, independent campus that meets all your social needs and offers numerous onsite amenities? Do you plan to maintain

Your house is quiet again, but you’re not ready for a quiet retirement? Consider these possibilities for the next stage of life: Cruising Lifestyle Some retirees opt for luxury cruise ship living on a semi full-time basis, with unlimited food prepared for them, maid service, entertainment venues, exercise options, access to health care, and the ability to see the world. Between sailing stints, they often stay with family or friends, rent a short-term apartment or a long-term hotel room. RV Living Many empty-nesters hit the road in their own little home on wheels. Some sell the "family home"