If you’re planning on selling your house in the next five years, experts say now is the time to do so. as travel, dining out, theater, learning new interests and hobbies, and spending time with family and friends. No more headaches about failing appliances, a leaky roof, faulty plumbing or shoveling snow. All of these things are covered under one low monthly fee. And here’s the best part: Fairing Way offers the highest return of any retirement community on the South Shore. Simply put, it is the safest and best home equity plan a retirement community can offer.
According to US News & World Report, “homeowners looking to sell should consider 2019 a prime opportunity to cash in” on their real estate investment. Two of the main reasons that it is a good time to sell in 2019 are that:
1. Interest rates are still low
2. New buyers are still entering the market
This isn’t expected to be the case over the next five years, so the quicker sell is likely to be the most profitable. And if you’re considering making the transition to a retirement community like Fairing Way, you can use the equity from your home to finance the community’s buy-in fee.
How Does an Entry Fee Community Work and What Are the Advantages?
An entry fee community allows you to take the equity from your home to secure lifetime use of your chosen apartment home and common space at Fairing Way. You or your estate are entitled to a refund of 95% when you leave Fairing Way, no matter what the market is doing at the time.
The entry fee allows Fairing Way to offer a very affordable and inclusive monthly fee that makes retirement planning easier and frees up disposable income that can be used for retirement activities, such as travel, dining, theater, learning new interests and hobbies, and spending time with family and friends. No more headaches about failing appliances, a leaky roof, faulty plumbing or shoveling the snow. All of these things are covered under one low monthly fee.
And here’s the best part: Fairing Way offers the highest return of any retirement community on the South Shore. Simply, put, it is the safest and best home equity plan a retirement community can offer.
To learn more about downsizing, staging your home and maximizing your real estate investment, join us for the Home-Sellers Workshop on November 14. Visit our events page to RSVP.