When It's Time to Downsize

Each year, millions of homeowners are faced with the decision to continue living in their present home or downsize-as some say, "right-size." 

While the importance of location is resoundingly referred to by real estate professionals, buyers, and sellers of real estate alike, not enough attention is given to timing. When is the right time for you to downsize? And where do you think the best and most desirable and attainable location might be? 

KEEP THESE TIPS IN MIND

TIPS
TIPS

Possessions

If there are possessions in your home that are important to grown children, consider asking them to remove and store.

TIPS
TIPS

Reducing Current Space

Consider reducing the space in which you currently live as a way of preparing for a smaller home.

TIPS
TIPS

HOA

If you're considering moving to a residence with a homeowners association, be sure to read the association documents regarding fees and potential increases carefully.