Considering Downsizing? A few tips for Baby Boomers

From Realty Biz News comes some thoughtful tips for Boomers looking to downsize.

Finding the perfect time to downsize isn’t simple. If you’ve recently retired, your new lifestyle takes some time for adjustment. Fortunately, you now have time to make these adjustments exactly the way you want to.

Prioritizing how you will spend your time (leisure, grandkids, travel, etc.) is an important part of making the decision to downsize. However, downsizing is a real estate transaction. Making the best real estate decision can include getting into the market at the right point in time. …

You have many options when it comes to downsizing… some you might not have considered. It could be a smaller one-level home, or a 55 and older planned community. Tiny houses are a relatively new option that is possibly preferable to apartment living. Your retirement home doesn’t even have to have a foundation. It could be a houseboat or an RV…

 

Read the entire article here.

 

Teri Lussier,
The Home Group Realty
is a Senior Real Estate Specialist

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