Possible Options for The Middle Class
With the escalating home and gas costs, considering sharing a home with relatives may be a positive solution. Other cultures have seen the benefits of living multi-generationally, and many Americans used to embrace this idea as well. With the onset of the suburbs, individual housing became the norm and the makings of the nuclear family occurred.Now it seems we are in need of the "old ways", joining together as a family in order to succeed.If you can embrace this route, there are several housing options.
1. Split level homes, with kitchenettes on both floors.
2. Duplexes, both side by side or two levels.
3. Larger single family home on one or two levels.
The legal aspects you should consider.
1. Who will own the property? Will it be owned by all parties?
2. Medicaid forces assets to be liquidated. If any of the home's owners needs Medicaid their portion of the home's value will need to be liquidated. (This could be sticky if two owners need the home to live in and the third owner must go into 24/7 nursing care.)
3. We highly suggest you speak with an attorney before you buy.
Monday, June 11, 2007
Tuesday, June 5, 2007
Eco-friendly Real Estate
With all the news about Global Warming and concern for the environment, we at Larry J. Hoff Realty take a strong stand.
We are staunch investors and supportors of Inter-Steel Structural Systems, which is a structural design system that is used from recyclable materials that are themselves reusable. It is perfect for single family, multifamily, commercial and industrial building. Check out this amazing environmental asset at http://www.inter-steel.com/
We also have some creative bugs in our heads and Cathleen, on our staff, wrote a book called The Recyclables. It is a children's book about how to save the environment and renew the spirit. It is only printed on-demand, so as not to use up tons of trees in useless printing. Read about this exciting, multi-faceted book at http://therecyclablesadventures.com/default.aspx
We use recycled paper for all our postcard mailings, buy recycled paper towels and recycled paper for office use, and of course, recycle the paper we use, even the shredded paper.
This is not a trend with us. We have always felt the responsibility to be good stewards of the earth we were gifted.
We are staunch investors and supportors of Inter-Steel Structural Systems, which is a structural design system that is used from recyclable materials that are themselves reusable. It is perfect for single family, multifamily, commercial and industrial building. Check out this amazing environmental asset at http://www.inter-steel.com/
We also have some creative bugs in our heads and Cathleen, on our staff, wrote a book called The Recyclables. It is a children's book about how to save the environment and renew the spirit. It is only printed on-demand, so as not to use up tons of trees in useless printing. Read about this exciting, multi-faceted book at http://therecyclablesadventures.com/default.aspx
We use recycled paper for all our postcard mailings, buy recycled paper towels and recycled paper for office use, and of course, recycle the paper we use, even the shredded paper.
This is not a trend with us. We have always felt the responsibility to be good stewards of the earth we were gifted.
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