Today is our final day in a six day series on Housing and Mortgages for Seniors. Thanks to MortgageLoan.com for allowing us to reblog their guide on this issue. Protecting Yourself Any discussion of seniors and real estate would not be complete without a warning about scams and predatory real estate professionals. There are many …
Featured Company of the Day
In Home Senior Care has built an excellent reputation and are referred by most of the well known local health-care organizations, as well as the Bexar County Area Agency on Aging and the Alzheimer's Association. And as our name spells out, In Home Senior Care comes to you to provide assistance with day-to-day activities, wherever you or your family member may be residing – the family home, a retirement community, in assisted living or a nursing home. State licensed. Liability insured. MORE DETAILS >>
Joke of the Day
Betty's husband dies with $30,000 to his name. After everything is done at the funeral home and cemetery, she tells her closest friend that there is none of the $30,000 left.
The friend says, "How can that be?"
The widow says, "Well, the funeral cost me $6,500. And of course I made a donation to the church...that was $500, and I spent another $500 for the wake, food and drinks...The rest went for the memorial stone."
The friend says, "$22,500 for the memorial stone? My God, how big is it?!"
The widow says, "Three carats!"
Did You Know?
- The Census Bureau estimates that more than 2.3 million Texans were aged 65 or older in 2006, accounting for 9.9 percent of the state's population. That share is expected to rise to 11.7 percent of the total by 2015.
- Texans 60-plus are projected to total 8.1 million by 2040, a 193 percent increase from 2000. By 2040, the 60-plus population is projected to comprise 23 percent of the total Texas population.
- The Texas Baby Boomers population (those age 55-64) totals over 5.6 million, or about 28 percent of the total Texas population.
Category Archive: aging in place
Permanent link to this article: http://blog.elderoptionsoftexas.com/2012/05/27/senior-mortgage-series-part-6/
Senior Mortgage Series – Part 5
Today is our fifth in a six day series on Housing and Mortgages for Seniors. Thanks to MortgageLoan.com for allowing us to reblog their guide on this issue. Reverse Mortgages This type of mortgage is a financial product available to people who are 62 and older. True to its name, a reverse mortgage is like …
Permanent link to this article: http://blog.elderoptionsoftexas.com/2012/05/26/senior-mortgage-series-part-5/
Senior Mortgage Series – Part 4
Today is our fourth in a six day series on Housing and Mortgages for Seniors. Thanks to MortgageLoan.com for allowing us to reblog their guide on this issue. Retiring With A Mortgage According to the AARP, 25.5 million seniors ages 50 and older still have a mortgage. Though you may have always hoped that you …
Permanent link to this article: http://blog.elderoptionsoftexas.com/2012/05/25/senior-mortgage-series-part-4/
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