ADULT
COMMUNITIES: These are specific housing areas or even towns
built for people 55 and over. They offer all the pleasure of your
own single residence without the bother of lawn care, snow removal
and other maintainance chores.
CONDOMINIUM/TOWNHOUSES: These are particularly popular with mature adults who have a child
under the age of 18. Common services with association fees may be
included.
MOTHER-IN-LAW
SUITES: More and more people are building homes with mother-in-law
suites. You might build one to help your children own a home or if
your children are economically fortunate, they may build one in a
home for your benefit.
VACATION/SECOND
HOME: Many 50+ consumers are very interested in purchasing
a resort property or second home to use as a "get-away,"
as an investment, or as a future principal residence. A good way to
start the search for such a property is to visit www.ColonialRealEstate.com.
LIVING CENTER: This allows the mature individual to live in a community
that provides a safety net of assistance based on their needs. There
are a variety of assisted living options, ranging from independent
apartment style housing to totally monitored and medically supervised
living.