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Seniors can have their homestead assessed value "frozen" at the next assessment date after reaching age 65. California exempts the first $7,000 of residential homestead from property taxes. Colorado allows a 50% deduction for up to the first $200,000 (equivalent to a $100,000 exemption if the property is valued at $200,000 or above) for seniors ...
Navigating your way through difficult legal issues such as long-term care, estate planning, or social security benefits, as an aging American without adequate support is an overwhelming and...
It also includes legal documents created as a result of public funding. A legal information institute, Publishes via the internet public legal information originating from more than one public body; Provides free, full and anonymous public access to that information; Does not impede others from publishing public legal information; and
The Seniors Real Estate Specialist (SRES [1]) designation is awarded by the SRES Council to Realtors who have successfully completed coursework on the real estate needs of home buyers age 50+. Distinctive needs, factors, and considerations for this segment of the population include: Housing for Older Persons Act (HOPA) reverse mortgages
As people live longer and the cost of senior care rises, it becomes more important to discuss with your parents the possibility of assisted living. After all, around 70% of people over 65 will ...
An age-restricted community is a residential community, often gated, that legally discriminates on the basis of age to limit residency to a majority fraction of older individuals—typically 80% over a set age. The minimum age is frequently set at 55 years old, but it can vary.
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A real estate license is an authorization issued by a government body to give agents and brokers the legal authority to represent a home seller or buyer in a real estate transaction. Real estate agents and real estate brokers are required to be licensed when conducting real estate transactions in the United States and in a small number of other ...