Many seniors are finding that they wish to remain in their current home but are short on living expenses or may need a bit of help with maintenance or chores. Some people call this “house rich, but cash poor.” Some are finding the solution by renting out a room or two in their homes. If this sounds good to you, read on.
Janet is an active, healthy 80 year old with a 4 bedroom home. She decided she wished to continue to live in her home near her friends, son and church. However, she was a little lonely, a little short on cash and used a wheelchair. Through a Home Matching service she found Marion, who is 65. Marion is paying only $1000 a month which is much lower than the market rate of over $3500 a month. Marion helps with some housekeeping and errands and they have become friends. This arrangement has made it possible for both women to remain independent and local.
Janet registered her home and her needs with a Home Matching Service which screened both ladies and put them together. The Matching Service helped them draw up a rental agreement which spells out expectations which, like Janet & Marion, can include help but many are simple rental agreements.
If this sounds interesting you may explore more by contacting the service nearest you.
San Mateo County: HIP Housing, 650-348-6660
San Francisco County: Home Match SF, 415-351-1000
Santa Clara County: Catholic Charities, 408-325-5226
Santa Cruz County: Senior Network Services, 831-462-6788
Contra Costa County: Home Match Contra Costa, 925-956-7385
Fremont/Union City/Newark: HIP Housing, 510-574-2173
Livermore/Pleasanton: ECHO Housing, 925-449-7340
National on-line service: Silvernest, www.silvernest.com