SPARKS, NV / ACCESSWIRE / May 15, 2021 / Nevada developer and CEO of Newmark Investment, Inc., Darren K. Proulx, is offering a project to retirees that guides their financial future as they enter their senior stage of life.
As Baby Boomers reach retirement age, many have the common goal of living a comfortable life while at the same time stretching their dollars and being wise with their income to ensure they do not outlive their savings.
One of the ways retirees achieve this financial goal is to sell their existing home to access built-up equity and then downsize into a home that will not overburden the owner with maintenance or expense.
Once the retiree has decided to sell their current home, their attention turns to a replacement property. Most people purchase homes in the traditional ownership model known as Fee Simple. Fee Simple means you own the home and the land beneath. Under this traditional fee simple ownership model, your purchase price is…