Build Better Homes for Seniors
According to Medicare there are 10,000 new senior citizens every day.
We talk to aging Baby-boomers and their families on an almost daily basis looking for solutions to a common problem: HOMES ARE NOT TYPICALLY DESIGNED FOR SENIORS.
For that reason there is growing demand for Villas, assisted living, and independent living facilities specifically designed for Senior Citizens to solve the common problems of mobility and safety in the home. But the unfortunate reality is that Seniors forfeit their independence. While everyone’s situation is different, many of our senior clients tell us they want to stay in their own home. They are comfortable, secure, and happy there. Yet due to disability or other circumstances, they are suddenly forced to move out.
However, with new technology, ingenuity, and proper design application we can keep Mom and Dad safe in their own home even with their physical challenges.
With the help from our friends at “The Soho Shop” you can install a wireless network of sensors that monitor the daily routine of your loved ones and securely notify the caregiver(s) when there is a problem or change in regular behavior. It’s called the Smart Care System™.
The amazing benefit of this system is that it will fit into most senior living arrangements, including older home renovation, and new construction designs.
How does the Smart Care System™ Work?
Remodel/Retrofit an Existing Home
For no charge you can have one of our consultants come to the home and do a 55 point inspection for home safety. It will check things like trip hazards, floor plan layout, lighting levels, etc… And in most cases we can do a varying level of changes to the existing home. The “Smart Care System™” fits perfectly within this program. Extend the safety, comfort, security, and life expectancy of your loved ones, and have peace of mind for yourself with our Aging in Place Program and Smart Care System™.
Build a New Home
There will be situations where renovations will not be sufficient for your loved ones — Hazards such as basement steps, sloped yards, narrow hallways, sharp corners, and dangerous neighborhoods will need more than just technological solutions. A new home and better environment may be the best answer. If HomeSource cannot remodel your home, we will design a Custom Home specifically with senior’s needs in mind. The home, the design, and the technology will be integrated from the first day.
FHA HECM (Home Equity Conversion Mortgage) for Purchase Program
The federal government (HUD) recognizes the problems of senior safety and mobility. HUD/FHA now backs a new finance program that will allow your senior loved ones to build or buy a new home for 45 cents on the dollar or less. No credit application is required, no credit score, and best of all, no monthly payments for the life of the homeowner-residents. For the first time ever, your loved ones can now move from an old home into a SAFE new home for pennies on the dollar.
How a Home Equity Conversion Mortgage Works
There are many ways it helps your love ones move up and live better. In one recent situation, a senior sold her home in South St. Louis for $113,000 and moved into a brand new SAFE home – worth more than $300,000 – completely designed to meet her needs. Best of all, HECM paid the difference at closing and no monthly payments were due on the loan.
If the safety and security of your elderly loved ones is important, then contact us today to learn more about “Smart Care” technology, SAFE Homes for Seniors, and HECM Programs.