Wednesday, September 21, 2016

Baby Boomers Moving to Boynton Beach Active Adult Communities

Just like baby boomers broke the mold throughout other life stages, they are also re-defining retirement, starting with their idea of retirement communities. In fact, the baby boomers don't even refer to them as retirement communities, they prefer the term active adult communities. 

As the baby boomers retire by the masses and continue to do so in the millions over the next several years, demand for homes in Boynton Beach active adult communities continues to go through the roof, with many communities being on a waiting list. Developers have kicked things into high gear to try to keep up with the demand, and the existing 55 plus communities have expanded while new ones pop up all over the place. 

When it comes to settling down for their golden years, baby boomers should make sure that their choice matches their social, cultural, and recreational requirements, as well as future healthcare costs. Those who are looking for a Boynton Beach active adult community want amenities like fitness rooms, personal trainers, media rooms, paths for walking, and cultural events.  

Wilma Pinstein of Remaxx Advantage Plus is an expert in finding retirees the perfect active adult community to match their lifestyle. She has come across many questions in her time, these are the most common: 

Arent retirement communities for old people? 
The terminology “retirement community” has gone by the wayside and baby boomers would never consider moving to somewhere considered a retirement community. The term connotates places like nursing homes, retirement homes, or assisted living facilities. Baby boomers prefer to think of 55 plus communities as active adult communities, since they are active adults, not withering elders.  

Does a Boynton Beach active adult community make financial sense? 
It can or it can't; it all depends on your situation. There are many options depending on what you are looking for and your budget. If you are interested in living in a community with multiple recreational and social activities available, active adult communities can actually be very affordable. Replicating these amenities individually would quickly become quite costly if you chose to live outside of an active adult community that does not offer activities included in pricing. 

On the other hand, you may not like playing golf. If you choose to live in a community where golf and other expenses are included in the monthly fee, but you don't take advantage of them, it may not be such good financial decision.  

Once you find the perfect Boynton Beach active adult community, is it important to do a financial background check? 
It is important to do due diligence on your chosen community. There are too many communities with serious financial problems; either current or foreseeable future financial issues. The list of things to keep an eye out for is extensive. One of the most common issues includes foreclosed units caused by residents not paying their dues. This presses other residents and can cause serious financial problems. 

You have the responsibility and obligation to obtain past financial statements, condo/homeowner's association documents, and HOA minutes. If you are unfamiliar with these concepts you should hire an attorney, accountant, or Boynton Beach active adult community real estate broker to study them for you. Always ask the other residents about the prospective community in order to get their opinions on living in that particular community, as compared to surrounding communities they may know of.  

Sunday, September 18, 2016

7537 Mansfield Hollow Road Delray Beach, FL 33446

Property Site:
This 3 bedroom/den 2 bath home with a 2 car garage has a lovely lake view from the great room, master bedroom and enclosed patio. There are hi vaulted ceilings and a nice sized eat in kitchen that looks into the dining room and great room. This home is wonderful for entertaining. A/C and water heater are 2011 and the 2 car garage has storage. All tile in the living area with beige carpet in both bedrooms and there is no wallpaper. The master suite has a large walk in closet stall shower and double vanity sink with a separate water closet. There are sliding doors from the master bedroom and great room that lead to the enclosed Florida room. Hurrican shutters throughout. This home is priced to sell and with a full price offer the buyers will receive a 13 month home warrant
Bedrooms: 3
Bathrooms: 2
Square feet: 1,481
Price: $224,800

For more information about this property, please contact Wilma Pinstein at or You can also text 3892991 to 67299.

See more listings at:

MLS ID: RX-10268401

Wednesday, September 7, 2016

9 Rules for Buying into a South Florida Retirement Community

As a South Florida active adult community realtorWilma Pinstein knows that the demand for homes in retirement communities is on the rise. Behind this growing demand for retirement communities are the baby boomers, who account for a quarter of the U.S. population. Baby boomers were born between 1946 and 1964, and they started reaching retirement age a few years ago. 

The housing market is up from last year and is currently a seller’s market. South Florida retirement community realtors complain of shortages, and some of the newer communities are having lotteries for newly constructed homes. When the builders have more reservations than inventory, they enter those who are interested into a lottery; no auction, no bidding war. 

If you are retiring soon and you are interested in a South Florida retirement community, you may be wondering how to navigate the frenzied market. There is not a one-size-fits-all solution, though. These days, retirement can mean very different things for individuals. No matter where you fall on the spectrum, one thing is for certain; having an active adult community specialist will help you navigate the process of finding a South Florida retirement community easily. 

Aside from a quality active adult community specialist, here are a few other rules for buying into a South Florida retirement community:  

  1. Acclimate before you move. 
Weather is a key component when you are looking to move to South Florida to retire, especially if you are coming from northern states. Before you make the decision to buy, try renting in Florida first. This way, you can truly decide whether the climate and geographic location is right for you.  

  1. Get to know the neighborhood. 
Take some time to scope out the active adult community and your prospective neighbors. Retirement will bring more free time than you are probably used to, and planned social activities are big in active adult communities. Your fellow residents are likely to become your new friends, so get to know the neighborhood and see if the people in the area are friendly and share the same interests.  

  1. Research the local medical services. 
Many retirees are looking to lead an active lifestyle. You will want to see if the South Florida retirement community offers medical services. If there aren’t any onsite medical facilities, check to see how far you will need to travel in case of an emergency. 

  1. Factor in local taxes. 
Some states are more accommodating to retirees than others. You should always take into consideration income, property, and estate taxes when choosing and active adult community. Luckily, the State of Florida has some of the lowest taxes in the country and is known as a retiree home, making the state very accommodating.  

  1. Watch the market to get the best price. 
The best time to buy is always when the local high season is ending. In southern states, like Florida, this time is usually May or Junewhen the weather starts to heat up. Buyers gain ground negotiating, as sellers get nervous about the lull. By using a Florida certified adult active community specialty realtor like Wilma Pinstein, you are guaranteed to be purchasing during prime market time for buyers.  

  1. Check out the approval process. 
Sometimes, South Florida retirement communities have stringent approval processes. Figure out what is required by consulting with your broker and current residents.  

  1. Membership options. 
Study the requirements and options on club-membership structures. This investment may run into the hundreds of thousands of dollars, yet its appreciation and resale value can be uncertain. Many South Florida retirement communities also charge annual dues and a food and beverage minimum. 

  1. Check out the activity calendar. 
Spend some time figuring out if the community you are buying into provides activities that you are interested in. In most cases, they are the country club staples of golf, tennis, swimming, etc. 

  1. Inquire about restrictions. 
Rental and resale restrictions are common in South Florida retirement communities. You may be surprised to find out what some communities do not allow. Some places ban pets, while others ban outdoor grilling and cigars. A long list of rules indicates a high level of board politics, which you may want to steer clear of or the living environment may not be as enjoyable.  

  1. Look into caretakers. 
Some South Florida retirement communities offer more maintenance, repair, and security services than others. Predictably, well-staffed condos are easier to maintain than individual homes.