Moab, Utah

Moab, Utah, known as the adventure capital of the West, is a scenic town in Grand County that offers retirees a unique combination of natural beauty, outdoor activities, and a welcoming community. Surrounded by the red rock landscapes of Arches and Canyonlands National Parks, Moab has become a desirable destination for those seeking an active and fulfilling retirement lifestyle. For homeowners aged 62 and older, a Home Equity Conversion Mortgage (HECM) Reverse Mortgage can be an ideal financial tool to enhance your retirement and make the most of your home’s equity.

Moab’s Housing Market and the Benefits of a Reverse Mortgage

The real estate market in Moab has grown steadily, with an increase in property values due to the area’s popularity as a destination for tourism and outdoor recreation. Homeowners in Moab have the opportunity to leverage this increase in home value by exploring a HECM Reverse Mortgage. This type of mortgage allows you to convert part of your home’s equity into tax-free cash without the obligation of monthly mortgage payments. (Note that homeowners are still responsible for property taxes and insurance.)

By tapping into your home’s equity, you can use the funds for healthcare expenses, home renovations, travel, or simply to maintain a more comfortable lifestyle during your retirement years—all while staying in your home and enjoying life in beautiful Moab.

Top 5 Things to Do in Moab

There’s no shortage of things to do in and around Moab, whether you’re a local or visiting for the first time. Here are five must-experience activities:

1. Arches National Park: Home to over 2,000 natural stone arches, including the iconic Delicate Arch, this national park is one of the highlights of the Moab area. With scenic drives, hiking trails, and breathtaking vistas, it’s a favorite for both adventurers and those looking to take in the beauty of Utah’s red rock formations.
2. Canyonlands National Park: Divided into four distinct districts (Island in the Sky, The Needles, The Maze, and the Rivers), Canyonlands offers expansive canyon views, hiking, and off-road adventures. It’s an ideal destination for those seeking solitude and exploration in the vast desert landscape.
3. Dead Horse Point State Park: Offering some of the most stunning overlooks of the Colorado River and surrounding canyons, this state park is a popular spot for hiking, mountain biking, and photography. The panoramic views are especially beautiful at sunrise and sunset.
4. Moab’s Main Street: Downtown Moab is filled with locally owned shops, art galleries, restaurants, and cafes. The town has a lively atmosphere and offers a variety of events and festivals throughout the year, making it a fun place to explore day or night.
5. Colorado River Rafting: The Colorado River flows right through Moab, providing opportunities for river rafting, kayaking, and scenic boat tours. Whether you prefer a peaceful float or an adventurous whitewater experience, the river is a great way to see Moab from a different perspective.