Buying a Home in Retirement
Pros |
Cons |
---|---|
Build equity by paying down your mortgage. |
You are responsible for paying for property taxes, homeowners insurance, and repairs. |
No unexpected rent increases. |
Limited mobility — you can’t easily pack up and move if your life situation changes. You’ll have to sell your house. |
Customize your living environment with upgrades, renovations, etc. |
You may not have enough time for the value of your house to appreciate. |
Buying a house is a large investment, no matter how old you are.
If you’re considering buying a house at 65 years old, you should first look at your financial portfolio and perhaps even speak with a financial advisor to determine whether an investment of this size makes sense for you.
Next, you should find an experienced realtor who knows the local market and can help you negotiate a winning offer on the perfect house for your retirement goals.
With an expert buyer’s agent at your side, there’s nothing stopping you from finding the house of your dreams at any age. READ MORE
REAL ESTATE NEWS
Mortgage and refinance loans for seniors on Social Security
More seniors are taking out new home loans
Many retirees no longer see paying off their homes as part of their financial goals.
More and more Americans are taking advantage of the low-interest rates and tax breaks that come with having a mortgage.
If you’re sizing down, you might get a mortgage instead of buying the new place with cash. Or you might refinance for lower payments rather than paying off a chunk of your balance.
Luckily, there are plenty of home loan options for seniors today, even if you’re on Social Security income. Here’s what to know. READ MORE
Seniors Mortgages, Housing and Home Loan Guide for Seniors
This guide will help seniors of all ages to understand some of the options open to them and precautions that they should take when it comes to owning a home, downsizing, paying a mortgage, taking out a reverse mortgage, and selling property.
After evaluating this guide, readers will have a better understanding of:
- Common financial mistakes that seniors make
- The benefits of downsizing
- Approaches to paying for a mortgage in retirement
- The various types of mortgages available to seniors
- What a reverse mortgage is and how to use it
- How seniors can protect themselves from predatory real estate professionals and scams READ MORE
Ralene Nelson, REALTOR®
FOR SALE, Saturday 1pm – 3pm
2259 Revival Ln, Rio Vista, 2bd/2bth/1837sf
Located in the new active adult community, Summit at Liberty, the Lincoln model is bright & cheery, shows like a model home. Professionally landscaped with drip system & low maintenance, so just bring your furniture. Very private for the lot is fenced. The Lincoln model is a 3 bedroom 2 bath home with a room that can be used as formal dining, den or as seller, combo den/office. Laminate flooring throughout, blinds & custom paint. Granite kitchen counters, stainless sink & appliances with bar for dining. The pantry is large so will delight your chef. The seller has replaced ceiling fans and has installed a ceiling fan in the patio area. Comes with paid solar. The amenities are beautiful, pool, large spa, bocce ball courts, pickleball & tennis courts & even a wine bar area. READ MORE
FOR SALE – 349 Spyglass Dr, Rio Vista, CA, 1,767sqft
JUST SOLD – 205 S 2nd St, Rio Vista, CA

Great opportunity to own a little history, walking distance to town & marina. Three homes on large corner lot, ready for your renovation expertise. Unit B (213) is 1 bedroom/1 bath, newer construction. Cottage like with radiant floor heating, dual pane windows, electric stove, dishwasher, stackable washer/dryer, skylight & comp roof. Shower is wheel chair accessible. Unit C (209) is almost completed, 2 bedroom/2 baths. Appears electrical & plumbing are in. Victorian home has been prepped to bare studs, ready for construction & your design. There are plans for the Victorian. Unit does have a newer foundation. Property does back up to alley. Garage is 1 car & is older. Containers do not stay with the property. Bring your renovation expertise, live in one home and rent out the other two. READ MORE
Events in Northern California this Week-End
Dublin St. Patrick’s Day Festival
Saturday, March 19, 2022 – 8:00 PM
Everyone is Irish in Our Backyard!
Experience the Emerald Isle without a passport! The 38th St. Patrick’s Day Festival will feature three stages of music and Irish Dance, authentic Irish food and beverages, more than 250 fine arts and commercial vendors (including an Irish Marketplace), roaming leprechauns and bagpipers, carnival rides, a petting zoo, Irish Tea Cottage and MORE!
Corned Beef & Cabbage Feast catered by Monarch Grill and Live Entertainment, featuring Extended Roots, an 8 piece Celtic Band. Good times!
About this event
Celebrate St. Patrick’s with your Trilogy Community in true Irish spirit! Corned Beef & Cabbage Feast catered by Monarch Grill and Live Entertainment featuring Extended Roots, an 8 piece Celtic Band. BYOB – water and coffee will be served. Complimentary festive party favors, photo ops, grub, jigs, and reels!
Source: https://dublin.ca.gov/293/St-Patricks-Day-Celebration
- Posted in St. Patrick’s Day
- Tagged Dublin
SACRAMENTO INFINITY FESTIVAL

Sacramento band Loose Engines, Baconfest founder Guido (Brian Guido) and Sacramento fine artist Eric Affonso would like to announce the first Sacramento Infinity Festival to benefit Sacramento’s MusicLandria and Girls Rock Sacramento.
Sac-Americana band Loose Engines will be your host, with music being provided all day by Mike Blanchard and the Californios, Mondo Deco, Natalie Cortez, A.O.P (Las Pesadillas/Hypnotic IV), Josh and Damon from Forever Goldrush, and more. Three stages with performers of all ages including members of Girls Rock Sacramento and MusicLandria programs. READ MORE
Box Boat Derby at the Antioch Water Park

Create a boat made entirely of cardboard and duct tape, then race it across our lap pool! Check-In at 11:00am on March 19th. Races begin at 11:30am Pre-registration is required at antiochca.gov/register.
Registration is per boat, NOT per person.
- $10 for Antioch Residents
- $22 for Non Residents
The Amazing Bubble Man
Saturday, March 19, 2022 AT 2:00PM
Grand Theatre Center for the Arts, 715 Central Ave. Tracy
Louis Pearl has been thrilling audiences around the world for nearly 30 years with the art, magic, science and fun of bubbles. An Edinburgh Fringe Festival favorite, he has sold out every year since 2007. Louis explores the breath-taking dynamics of bubbles, combining comedy and artistry with audience participation and enough spellbinding bubble tricks to keep everyone mesmerized.
From square bubbles, bubbles inside bubbles, fog-filled bubbles, giant bubbles, bubble volcanoes, tornadoes and trampolines to people inside bubbles, the Amazing Bubble Man conjures shrieks of laughter and gasps of amazement from all ages.
Ticket Price(s): $12 – Adults; $10 – Children under 10 (Additional fees apply)
https://atthegrand.org/events/the-amazing-bubble-man/