Today's guest is Aaron Hendon, a Real Estate Agent from sunny Seattle, in Washington. Kate was really intrigued to talk to Aaron because he has such a good take on the mistakes that people tend to make and also some of the pitfalls when buying Real Estate. Aaron also assists Boomers and their aging parents to navigate some of those difficult Real Estate transitions- and this really is a big thing! Listen in to find out more about Aaron's holistic and rather contrarian approach to making this kind of investment.
Kate points out that people tend to think that once they're retired and no longer have a mortgage, they are free of housing costs. Yet, Kate and her colleagues have been finding more and more in their Financial Advisory Practice, that people, before having met them, purchased homes that were probably not great financial decisions. They often still have to pay really high mortgage costs, when nearing retirement age, which makes things difficult and can sometimes even mean that they could have to delay their retirement. They also sometimes see people, who are in their sixties, building their dream homes and that's often a tough thing to afford. Kate even has an eighty-year-old, who still has a mortgage - and there are more people out there, in similar situations. Listen in now, as Aaron shares some really great advice, to help people who are finding themselves in situations like these.
Aaron's website- where you can download his book, get onto his mailing list, or contact him: www.dontgetfooledagainbook.com Anyone on the mailing list will automatically get a copy of Aaron's new book, Real Estate Blind Spots.