Posts Tagged “Using Home Equity to Build Wealth for Retirement”
One of the most common dilemmas faced by retirees is when should I downsize and move to a new place? It’s never easy to decide when to leave the family home you have lived in for decades. I have clients that have been in the family for over 60 years. Here are 5 points to…
Falls in a home can result in minor injuries or may even become fatal, but a fall in the bathroom is a commonplace where people can get hurt. Take the necessary steps to increase bathroom safety for seniors who want to live independent lives. A few simple and inexpensive changes to your bathroom can decrease…
Need a change in your life? Consider downsizing with less space and fewer possessions. You can spend less time and money cleaning, organizing, and maintaining things and focus on other priorities. 10 Tips for Downsizing 1. Boomer and senior need less space. Large homes with multiple levels and a big yard represent your past, while…
The one thing that unites young buyers is they do not want to buy a place that looks old and dinghy and needs lots of unexpected, expensive repairs – regardless of when it was built. They are looking for something that allows them to move in and do minimal work to update the property. Making…
At 65, will you still have a mortgage hanging over your head? Are you a Boomer over 50 who will still be making mortgage payments once you reach normal retirement age? If so, you’ll be like 35% of other senior homeowners, according to the Canadian Association Of Accredited Mortgage Professionals. As a senior, a mortgage…
Over time our housing needs change. The kids leave to get married and start their own families and your housing needs changes. My senior clients decide to sell and move to something smaller. This process Is called downsizing. Not just getting something smaller but finding a new place more suitable. More accurately called Rightsizing. Common…