We live in a society where “bigger” equates to “better” – big automobiles, big yards, and big houses represent status in most people’s minds. With all this pressure, it can be difficult to think about downsizing to a smaller house. But do you really need or want to maintain square footage that you don’t really need?

But downsizing your home size doesn’t have to mean downsizing your lifestyle – in fact, it can be just the opposite!

However, there are important things to consider before you do so. If you’ve got a lot of equity in your home, should you some of the new home’s purchase and have some additional cash on hand, or should you pay for the home outright if you can? These are important questions to ask and the answers may not be as clear in the beginning as they are for someone who as been through the process.

Buyer’s Advantage Group offers a home downsizing boot camp that answers and things to consider around these types of questions and more such as:

• Your particular downsizing goals
• Longer term loans vs. shorter term loans based on those goals
• Types of loan programs to consider
• What to look for when hiring a listing or buying agent
• Home inspections
• Closing attorneys

Buyer’s Advantage Group is a Buyer’s Advocate, so you won’t get some schpeil and be talked into listing your home. This boot camp is for people who want to downsize and need solid, factual information upon which to move forward.

Downsizing can be a pretty exciting thought… you may want to trade in all of that yard work for a condominium with a professionally landscaped common area, pool, sauna, and gym. Or perhaps start a fresh new look by redecorating a newer, smaller space. If you’re thinking along these lines, this boot camp is a great place to start moving forward!

Tags: Senior Real Estate //