“Many Families Moving in Together”

   “Many Families Moving in Together”

 

 

Another change of plans Joe,

As you know we have been home searching for the last couple of months. We were with my parents over the weekend that live in NY and we’ve made the decision to find a home that is large enough for all of us. My parents are retired and were considering moving into an assisted living facility, but at this point that isn’t going to happen.

We will both be selling our homes. My parents will immediately put their home on the market, they told us that the home should bring between $650,000 and $700,000. In this price range they feel the home will sell very quickly. There is no mortgage, but they have a $46,000 home equity line.

Our plan at this point is that we start looking in New Haven County instead of Hartford County. Share a Realtor referral when you get a moment.

Will be contacting our accountant to discuss the best way to handle ownership, but my folks have recommended that we purchase in our names only, but again will discuss with Rich over the next couple of days once we have a direction. Will talk Soon Joe.

 

 

I don’t recall a time that I have seen as many families moving in together, especially involving a parent. There are so many factors, but one huge one is not wanting a parent or parents to move into assisted living facilities.

 

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Joe Petrowsky, NMLS #6869

Right Trac Financial Group, Inc. NMLS #2709

110 Main St.

Manchester, Ct. 06042

Office: 860 647-7701 x116

Fax: 860 647-8940

Cell: 860 836-9294

Email: joe@righttracfg.com

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Joe Petrowsky does not guarantee nor is in any way responsible for the accuracy of the information provided herein, and provides said information without warranties of any kind, either expressed or implied.

Equal Housing Statement: We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing becuase of race, color, religion, sex, handicap, familial status, or national origin.

Comment balloon 3 commentsJoe Petrowsky • September 14 2020 06:54PM

Comments

Good afternoon Joe. Many new home builders in Florida now have one or more models in their community for such an accommodation. Enjoy your day 

Posted by Wayne Martin, Real Estate Broker - Retired (Wayne M Martin) 8 days ago

Joe, you might want to check into the 11:00 am tomorrow (Tuesday) discussing multi-generational living.  It makes so much sense on so many levels.

Posted by Patricia Kennedy, Home in the Capital (RLAH Real Estate) 8 days ago

Hi Joe Petrowsky it's just another sign of the times.... multigenerational living is a good way to secure housing for the younger generation and staying close to family all built into one...

Posted by Barbara Todaro, Previously Affiliated with The Todaro Team (RE/MAX Executive Realty - Retired ) 8 days ago

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