Saturday, October 10, 2020 / by Sally Scrimgeour
Do you want more space when you retire?
When you think of the home you’ll retire in, a new house may come to mind. Or maybe you’re contemplating moving to your favorite vacation spot or somewhere closer to friends and family.
With so many choices, how will you know what’s best for your lifestyle?
Here are three questions to consider before making a move for retirement:
1. Will you relocate? Maybe you have a favorite beach town in mind for your retirement, where you can relax year-round. If so, be sure to account for the price of moving and the costs of your new community. If the cost of living is higher, make sure you have enough money saved to live comfortably
2. Should you downsize or upgrade? The kids have likely moved out, so you could opt for a smaller house or condo. But a more substantial property may offer additional space for visitors and hobbies. Think about what’s best for your family, then consider sitting . ...
Thursday, September 24, 2020 / by Sally Scrimgeour
Are you ready for a new home?
Selling your family home is hardly ever about building your financial portfolio. For most of us, it’s usually a matter of necessity.
A growing young family or a changing lifestyle usually demands extra space. Maybe your kids are old enough now that they need separate rooms. If you have outgrown your living quarters — for whatever reason — it’s time to explore a move-up forever home.
How can you tell that it’s time to move? Here are four common scenarios:
1. You’ve had a change in family size. Whether someone is moving in or you have a baby on the way, you naturally need more space for more people. If you’re struggling to achieve functionality with your current setup, then you need a home with additional rooms.
2. Your DIY and design projects don't happen — or they cost too much. Maybe you bought your starter home intending to renovate it, but you undere. ...