Seniors

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Home Improvement Cook County Delays in Property Tax Exemptions & Certificates of Error Due to a countywide technology upgrade, both the second property tax bill of the year, as well as processing of Certificates of Error applications are temporarily on hold. The county anticipates that the new bills will be available before the end of 2025 and no applications for errors or refunds will be issued at this time. […]
Selling Your Home Selling a loved one’s home? What to do, and NOT do! Selling your parent’s home or that of a loved one can become a battleground between family members when practical decisions about pricing, renovations & profit sharing collide with emotional attachments and family dynamics. It can turn a simple real estate sale into a battle of trying to sell the home & salvage relationships. First, set […]
Selling Your Home Navigating Life’s Next Chapter: Helping Seniors Sell Their Homes with Care & Confidence Karen Daugerdas, Coldwell Banker REALTOR® & Seniors’ Real Estate Specialist® Selling a home is always a significant decision. But when it comes to seniors, it’s more than just a real estate transaction. It’s about closing one chapter & carefully, compassionately beginning the next. Most seniors make major real estate decisions between the ages of 72 […]
Buying a Home Pay cash for your new home? It may not be just a dream! Did you ever think you could pay cash for your new home? Thanks to recent home price appreciation, homeowners have near record amounts of equity, which simply is the difference between what you owe on your home & what your home is worth. On average, homeowners have $311K worth of equity. Once you sell, you […]
Real Estate Market Is America’s Housing Market Failing Older Adults? The US population is aging. Within the next decade, older adults will outnumber children for the first time in American history. As Americans live longer, their housing needs will change, but our current housing market is ill prepared for this demographic shift, according to Linna Zhu and Amalie Zinn of Urban Wire/Institute. Today, senior households—many of whom are […]
Seniors “Beatlemania Boomers” Could Face a Retirement Crisis The youngest baby boomers, born in the era that spawned Beatlemania, face a crisis, according to Daniel de Vise at USA Today. “Late boomers,” those Americans born between 1960 and 1965, have less retirement wealth, and much less retirement savings, than either older boomers or “war babies,” generations born between 1942 and 1959, according to a […]
Buying a Home Seniors’ Have Great Credit, But Can’t Get a Mortgage Older adults have higher credit scores than any other age bracket, yet studies have shown that they’re substantially more likely to be rejected for most kinds of mortgages. That raises barriers for older Americans hoping to renovate or retrofit their homes, or to extract home equity as a buffer against medical expenses, widowhood or other […]
Seniors Your Real Estate Needs in Retirement From 1985 to 2008, the average length of time homeowners typically stayed in their homes was six years. But according to the National Association of Realtors (NAR), that number is rising today. Homeowners are staying in their houses even longer. If you’ve been in your home for more than a few years, you’ve likely built up significant equity that can […]
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Seniors Multiple Generations Sharing Homes Is On The Rise For some families, having multi-generations living in one home is common. For others, it’s a necessity. Are you planning to have multi-generations living under one roof? Whether by choice, economics or necessity, more and more parents, adult children & grandparents are choosing to live together, & those numbers are on the rise. This “multi-generational living […]

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