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Selling Your Home During A Major Life Change

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August 29, 2022
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Selling Your Home During A Major Life Change

Selling your home can be challenging and stressful, even with the help of skilled REALTORS®, but add a major life change on top of moving, and you’ll really start feeling the pressure. Here are our top tips to help guide you through selling a home during a major life change.

Downsizing:

This is likely one of the most common life changes homeowners experience is coming to the realization that their home is just too big. While this commonly comes with retirement, it doesn’t have to. Downsizing is a great way to maintain or improve your quality of life, especially if you don’t need the extra rooms and bathrooms. Reducing the amount of time spent cleaning or mowing the lawn will free up more time to spend with your family or friends.

A change in priorities:

As you move through the different stages of life, your priorities and goals can change too. Depending on where you are in life, you may find yourself wanting to be closer to grandkids or closer to your parents. Depending on your job situation, you may find yourself not having to commute to the office as often, if at all. These changes can be a great opportunity to consider buying or selling to align with your priorities in the long run.

Retirement:

Similar to downsizing, but this one is focused on the older cohort of buyers and sellers. When individuals retire, their wants and needs can change significantly. Depending on the health and mobility of the individuals, they may want less space, less stairs and even specifics such as handles in bathtubs or accessible alternatives to steps. Retirement communities are generally the best bet for this, as they usually have items required by retirees, but you can always find alternatives in the housing market.

During a life change or transition, your main focus should always be yourself. However, keeping in mind your largest and most valuable asset, can prove to be extremely beneficial or have consequences if prolonged. For this, our team of hardworking and knowledgeable REALTORS® can help guide you through a difficult time, while handling the potential stress of a transaction during a transition.

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