Selling part of your own house, still living in it and finally having enough money for the beautiful things in life – sounds like good business. But for whom? What property owners should know.
from
Thomas Öchsner
Some seniors want one thing above all else: They want to enjoy their retirement at home in their own four walls – an old tree, as an old saying goes, you don’t transplant. Many retirees can afford that too. Around 60 percent of all people over 65 years of age in Germany live in their own home. And three quarters of these seniors can consider themselves lucky that their condominium or house has now been paid off and they are debt free. Even so, you may not have enough money in your account. That they don’t have the money for the long-awaited cruise, a holiday apartment on Lake Garda or, for example, the care at home. So what to do