As others have stated, a Comparative Market Analysis is the best place to start, The longer anyone has been in their home, the less likely they are to need a short sale. No doubt other considerations may be the large amounts some communities require up front to buy in them.
There are communities that require much less money to be able to buy in them and others who rent units as well as sell life estates in units. The rentals require little more than first, last and security and an application process that shows sufficient monthly income to meet expenses.
I am helping someone look at these places now and she is quite impressed with John Knox Village. Past clients and friends have raved about Wynmoor, a bit further West in Broward County than John Knox Village near interstate 95.
I'd be happy to help you with what can be a difficult transition.
However, every situation is different.
Feel free to contact me as this may be a good option. It could be that the senior has lived in the property for so long and can just sell with a regular style sale. I'd be happy to help and advise and get them a fair market value of the current property.
Please don't hesitate to call or contact me if you need additional information or if I can help in any further way.
Best of luck,
Villa G Realty, Inc.
Vice President/REO Director
Florida Professional Real Estate Inc.
2737 East Oakland Park Blvd. #203
Fort Lauderdale, FL 33306
Visit our Web Site: http://www.florida-foreclosures.com
Call or Email for Appointment
William (Bill) Cerino
http://floridianagent.com/cerino/ Web Site
Re/Max Advantage Plus
Real Estate Broker-Associate
Direct Line 561-251-5296
Toll Free 1-888-363-5910
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