By Guest Blogger Hazel Bridges
This week, we welcome Guest Blogger, Hazel Bridges from agingwellness.com, as she brings valuable info for our Senior Rockstars or Rockstars with aging parents about downsizing! Have a question about downsizing? Contact us!
If you are over the age of 65 and have been longing for a different home, more money, or less stress, but think you’re too old to downsize, think again. The number of healthy and active people in their 50s, 60s, and older has steadily increased in the past few generations — and naturally, so has the number of people buying homes. If you’re ready to downsize but want to skip the stress, check out these handy tips.
Set a home-buying budget
It’s important to know what you can afford to spend on your downsized home. Although your mortgage will probably be cheaper since you are purchasing a smaller place, you will still have to invest money into your previous home until it sells.
Hire the right professionals
Along with an experienced real estate agent who can help you sell your current home and purchase a new one, there are a few other professional services you should enlist.
Have a plan for moving day
One mistake a lot of seniors make when downsizing is making a plan for every leg of the journey — except moving day itself. Take a look at these resources to make sure you have a plan for every last detail.
Downsizing your home is a huge and stressful project for anyone, and seniors are no exception. By doing some proactive planning and asking for help when you need it, it’s possible to make big changes with minimal hassle.
Hazel Bridges, Aging Wellness for The Rockstar Blog 2020