"How Do You Decide When To Sell"

Need more space or Less, How Do You Decide?

ARE YOU OVER HOUSED?

Are you rattling around in your “empty nest,” paying more than you want for taxes, utilities and maintenance? If retirement means a cut in income, would a lower-priced home, townhome or condominium be easier to manage on your resources?

DO YOU NEED THE EQUITY FROM YOUR HOME?

For some older owners, the equity built up in a home is their main retirement savings. Sometimes a move is needed to convert that equity into cash and income to be secure for the years to come.

IS THE HOME’S UPKEEP MANAGEABLE?

Do you have the time, energy or interest to paint, clean, mow, etc.? Will the roof need replacing soon, or the heating/AC need repair?

DOES YOUR HOME STYLE MATCH YOUR PHYSICAL ABILITY?

Are there too many steps or stepdown rooms in your current home? do you need a wheelchair accessible residence? Is the yard more than you can handle? Are the safety, security, lighting, heating/AC systems adequate for retirement?

HAS THE NEIGHBORHOOD CHANGED?

If friends, relatives, neighbors, doctors and merchants have gone, maybe it’s time for you to consider moving also.

DO YOU WANT TO BE CLOSER TO FAMILY?

Do you want to spend more time with your children and grandchildren? Maybe you would like to cut down on long trips to visit them, or perhaps you need regular assistance from a family member.

WOULD A MOVE IMPROVE YOUR LIFESTYLE?

If extensive traveling appeals to you, for example, you may want to relocate to a more economical, lower-maintenance home (“lock and leave,” as we say in real estate). You may want to be more conveniently located for activities such as golf, bridge clubs, walking trails. Or you may just want to move near old friends–or to a community where you can make new friends with interests similar to yours.