Baby boomer retirement housing options

Raw land, fractionals each have good and bad qualities

Are you thinking about buying land now to build on when you retire? Are you considering purchasing a “fractional” rather than a second home? As the baby boomers near retirement age in droves, an increasing number are considering these options as important components in their retirement lifestyle.

There’s an old adage that says it’s easier to get into a real estate deal than it is to get out of it. Before you or your clients enter into a contract for that retirement or second home, it’s smart to look before you leap.