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Tag Archives: Los Altos

How To Avoid The Big Housing Crunch Awaiting Many Baby Boomers

How To Avoid The Big Housing Crunch Awaiting Many Baby Boomers

There Are Dire Predictions For Baby Boomers But It Can Be Overcome With Planning

Those American Baby Boomers born between 1946 and 1964 are facing some pretty serious issues in the foreseeable future none of which are as daunting as the cost of housing in their retirement years.  Notwithstanding the estimated costs of $220,000 a couple will need in retirement for health care costs housing costs will dwarf that number as most experts believe that boomers will be forced to spend in excess of 30% of their monthly incomes supporting their abodes.  The struggle is just beginning because housing costs, both for ownership and for rentals, is skyrocketing throughout the country.

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Paying Off Your Mortgage Early Might Not Be the Investment You Think It Is

Paying Off Your Mortgage Early Might Not Be the Investment You Think It Is

There are Better Investments Available Instead of Paying Down Your Mortgage

Mortgage is Latin for “dead-deed.”  Black’s Law Dictionary defines mortgage as an interest in land created by written instrument providing security for the performance of a duty or the payment of a debt.  Mortgagees are the banks who lend money secured by real property and mortgagors are the borrowers who are obligated to repay the mortgagees for possession and title of the real property. 

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Mid-Peninsula Regional Open Space Seeks Public Funds for Parks & Open Space

Mid-Peninsula Regional Open Space Seeks Public Funds for Parks & Open Space

Votes in the MidPen jurisdiction, which includes many cities in San Mateo and Santa Clara counties will be presented with an opportunity to approve a bond measure to help fund a $300 million bond measure for park funding.  A two-thirds vote will be necessary for approval.

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