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retiree
Need to choose an independent living community in NYC? Here's a checklist
… and the surroundings Fortunately theres no onesizefitsall senior living solution You have choices especially now that developers are tapping into the large and lucrative 65plus bracket with upscale independent living developments … occupancy Newer buildings also have two and threebedroom apartments and even penthouses Thats true too if you want to …
Can I get a reverse mortgage for a NYC co-op?
… A change to New York State law means coop shareholders aged 62 or older will soon be eligible for reverse mortgageswhich unlocks equity in a home without having to …
Difficulty getting a rental? Here are 5 scenarios where Insurent can help
… retirees who dont have a salary but have significant cash assets graduates or those who are new to the workforce and … your lease Geller says … If youve retired and have cash assets … Without a salary a landlord wont consider your … problems for nonemployed renters and retirees with cash assets even if you have significant cash in the bank or …
Buying a NYC apartment for a retired parent? Here's what to consider
… Although its not as common a scenario as a parent buying for a grown child sometimes the script gets … a grown child buys a New York City apartment for their parent Thats what Luis Vargas wanted to do for his 67yearold … or parents buying for their adult kids Each building has a different culture and different rules but if the coop you …
How to get a mortgage in NYC when you are retired
… a mortgage you may be able to use an assessment of your assets to secure the mortgage Sklar says this type of loan … lenders will typically only consider a percentage of those assets as part of the calculationsusually between 60 and 70 … It helps if you can also show that you can draw on the assets without penalties in the years ahead The way banks …
