SOURCE: Windsor Place of Wilmington

March 04, 2009 08:00 ET

Experts to Offer Real Estate Advice for Senior Citizens

Windsor Place of Wilmington to Host Free Workshop With Specialists From RE/MAX Encore

WILMINGTON, MA--(Marketwire - March 4, 2009) - Senior citizens thinking about selling their homes are invited to attend "Real Estate and Retirement in a Challenging Economy," an evening workshop with independent experts on March 17, 18 or 19 at Windsor Place of Wilmington. A Seniors Real Estate Specialist® (SRES) (1) from RE/MAX Encore will provide advice on managing the financial and emotional aspects of selling the family home. Admission is free but advance registration is required. All sessions start at 6 p.m. and light refreshments will be served. To reserve your place, call 1-866-988-2330, extension 4, or visit www.windsorplaceofwilmington.com/events.

"Many seniors have an advantage compared to younger owners when it comes to selling their homes," said Patti Parker, Realtor®/Owner of RE/MAX Encore and a 30-year real estate veteran. "Many seniors commonly bought their homes decades ago, have paid off their mortgages, and often have more equity in their properties than younger sellers, giving them superior pricing flexibility." While she notes that the current market certainly is not as robust as in recent years, accurately priced, well-presented homes do sell. Parker added that "low mortgage interest rates and an $8,000 Federal tax credit for first-time home purchases are bringing out buyers." Parker will be joined by her son and business partner, Jonathan Parker, and RE/MAX Encore Senior Real Estate Specialist, Carol McDonald.

Seniors who attend "Real Estate and Retirement in a Challenging Economy" will learn about:

--  The Senior Advantage in real estate
--  Successful pricing strategies
--  Maximizing your home's appeal
--  Discussing the decision to sell with family members
--  Determining if assisted living is right for you
    

All attendees will receive a complimentary home seller's resource guide.

"The RE/MAX Encore team will show seniors that they need not feel trapped in their home because of the down real estate market. Those who wish to trade in home maintenance and the associated expenses for an independent, assisted living lifestyle may be in a better position to do so than they know," said Dennis Sargent, developer and manager of Windsor Place of Wilmington.

About Windsor Place

Windsor Place of Wilmington is a premier assisted living community for seniors located within Greater Boston in Wilmington, Mass., just seconds from Interstate 93. Windsor Place will open in July 2009 and offer unparalleled services, residences, and people. The Carlysle at Windsor Place will offer suites with enhanced features and programs designed to help residents with memory impairment resulting from Alzheimer's and related disorders.

Windsor Place is owned by the Paino family and Dennis and Elissa Sargent, longstanding members of the Greater Boston business community with deep ties to the regional medical community. The Sargents have managed Woodbriar of Wilmington Rehabilitation & Skilled Nursing Center since 1993.

Visit Windsor Place of Wilmington online at www.windsorplaceofwilmington.com.

(1)Realtors® who have earned the SRES designation have demonstrated the necessary knowledge and expertise to counsel clients age 50-plus through major financial and lifestyle transitions involved in relocating, refinancing, or selling the family home.

Contact Information

  • Contact:
    Karen Barzilay
    Barzilay Communications, LLC
    (508) 735-8584
    Email Contact