Today is the Best Time to Move to a Continuing Care Retirement Community (CCRC) - Really, Right Now
April 15, 2010 (PRLEAP.COM) Lifestyle NewsWith the home buyer tax credit expiring May 1, 2010, seniorDECISION (www.seniordecision.com), the first online directory of senior housing and care services is reminding seniors in its monthly newsletter that postponing their move to a retirement community or independent living could leave behind as much as $8000 if they don't act now. Fortunately, reviews at seniorDECISION can help seniors be certain that this financially and emotionally important decision is made soundly by investigating a community they have been considering as quickly as possible — before the deadline expires!
A move to senior independent living is an emotionally and financially important one, which means that every benefit seniors can get will help in the transition. Contracts that are created prior to May 1, 2010, and executed on or before July 1, 2010 are eligible for the first time home buyer tax credit of up to $8,000 or up to $6500 for an existing home owner who wants to purchase a new home. With nearly 1.8 million new home buyers taking advantage of this credit and pending homes sales up 17%, it is apparent to everyone that this credit will not be extended again by Congress as it was last year.
This financial incentive doesn't change the fact that choosing the right independent living option is an important emotional decision that takes into consideration health and other options. At seniorDECISION (www.seniorDECISION.com), you can browse through ratings and reviews of senior housing choices, and find out not only if your choice for independent living will qualify for the home buyer tax credit, but whether it's the right type of community for you.
This seniorDECISION article (http://www.seniordecision.com/49/Today-is-the-Best-Time-to-move-to-a-Continuing-Care-Retirement-Community-CCRC-Really-Right-Now/topic_archive.html) details more of the benefits of making the move to a continuing care retirement community.