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Reverse Mortgage Now Allows New Home Purchase

Did you know that there is a program that allows seniors (62 years and older) to purchase a new home without taking on a new monthly mortgage payment?  It will enable seniors to: Purchase a primary residence more suitable for their current needs (ie. single story vs. two story) Purchase…

Are Shared Home Appreciation Arrangements Good for Retirees?

Are Shared Home Appreciation Arrangements Good for Retirees?

Home buyers looking for homes for sale in Saratoga, Los Gatos, Monte Sereno and other affluent neighborhoods of Silicon Valley are aware that prices in the upper end of the market are currently soft. Astute home buyers are hoping that home values will rebound in the best neighborhoods as the…