Answers by Cheryl Farnham

Absolutely! I just helped a couple sell their home in Burien, WA and they purchased in a 55+ active living community in Lacey, WA...the husband is in his 70's Another client just moved up from California and purchased in University Place and she is in her 70's as well. There is no age restriction when purchasing a home : )

You no longer “need” a 20% down payment to purchase a home. You can get an FHA loan with 3.5% down and in Washington State, there are several programs where you can qualify for up to 5% in down payment assistance. Look at WSHFC.org for more information on what is available for home buyers.