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When is the Best Time to Downsize to a Smaller Home?


At some point in our lives, most of us will have to deal with selling the home we’ve lived in for many years and moving into something smaller. But, giving up our beloved family home and downsizing into something smaller is always a difficult decision.

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Many seniors make the mistake of waiting too long to move into a smaller home. Sometimes, they put off downsizing until a death or an illness occurs. At that point, the move may become an absolute necessity and they could be forced to sell their home quickly and move into a retirement home. Having to sell quickly is always a disadvantage for home sellers because there’s no time to properly prepare the property for sale. And, when people are forced to move quickly they often don’t have time to find the perfect living situation and they may have to compromise.

It’s easy to understand why some homeowners stay put longer than they should. We all have a strong emotional attachment to our home and the thought of making a retirement move can be very depressing.
However, it’s always best to look at the positive side of life. There are many benefits to a low maintenance lifestyle. Time and money are freed up for other activities such as hobbies and travel. An easier living situation, without stairs to climb and with assistance readily available if needed, is popular with many seniors who don’t want to be a burden on their loved ones.

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This post was found on FSBO.FizBer.com
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