Affordability “It may be easy enough to purchase your home today but think long-term about your monthly costs.
Would your taxes go down significantly if you relocated?
Equity “If you have equity in your current home, you may be able to apply it to the purchase of your next home.
A condominium with low-maintenance needs can be a literal lifesaver, if your health or physical abilities decline.” As we mentioned earlier, would a condo with an HOA fee be worth the added peace of mind of not having to do the maintenance work yourself?
Living in a home with security features, such as a manned gate house, resident-only access and a security system can bring peace of mind.” As scary as that thought may be, any additional security and an extra set of eyes looking out for you always adds to peace of mind.
Pets “Renting won’t do if the dog can’t come too!
Beyond being close to your favorite stores and restaurants, there are a lot of factors to consider.
Bottom Line When it comes to your forever home, evaluating your current house for its ability to adapt with you as you age can be the first step to guaranteeing your comfort in retirement.
If after considering all these factors you find yourself curious about your options, contact a local real estate professional who can evaluate your ability to sell your house in today’s market and get you into your dream retirement home!
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