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22Aug/16Off

What are the things to keep in mind while finding retirement homes for the elderly?

Retirement living may be a concern for not only senior citizens who have retired but also for the ones nearing their retirement age. With the prices in the sector increasing rapidly and the long waitlists on great deals, it could be a daunting task to find a suitable retirement facility, which is why real estate firms specializing in housing and healthcare facilities for the elderly, such as Alan Naul and his firm the Javelin Group, aim at doing their own market research before suggesting options to the interested buyers.

Some of the factors one needs to consider before buying into a retirement facility are as follows:

Acclimatization before the actual buy

For long-term residents, the weather and the surroundings play a major role. It is highly important for them to be used to the climate and ambience, especially if they are moving from one city to another. A good idea is to first rent the holiday home for a shorter period, preferably during the off season, so there is no regret of spending too much on a rental. If the home suits perfectly, then consider buying in to the property for a longer duration.

Get to know the neighbors

Irrespective of how long someone plans to stay at these homes, it is given that the existing residents of the holiday home and the neighbors around will form an inevitable part of the living experience. One should take some time to research on the neighborhood and the kind of various social activities that it has. Since retirement allows for a lot of downtime, social activities happening in and around the retirement home will be a major part of the daily schedule.

Medical care facilities

With old age come a lot of medical restrictions which need to be catered to from time to time. The medical facilities play an important role while choosing a retirement home. The Javelin Group, under the careful guidance of Alan Naul, focuses primarily on investing and supporting projects which are inclined towards providing the best available amenities in housing and healthcare for senior citizens.

Making an investment at the right time to get the best deal

The best time to invest into real estate is just as the local high season is coming to end. With the season ending, the sellers become anxious about the sale of their projects which gives the buyers an upper hand in negotiation. A customer may not feel ready yet to retire into their holiday home but if the prices are lucrative there is always an option to make the buy and rent it to another retiree until the time is right.

Why should one trust the Javelin Group for their purchase?

Alan Naul, the founder and president of the Javelin Group, has a wide experience in all kinds of real estate projects focusing on senior citizens such as independent living, retirement homes, and skilled nursing care facilities. His investment motto is to build partnerships with the best operators in the market who aim at expanding their networking and visibility.

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