Upscaling and Upsizing Your Retirement the Right Way
If you’re like most people, you have a clear vision of what you want your retirement to look like. Perhaps you dream of moving into a larger house so you can entertain your friends, family, and grandchildren with ease. You want enough land to allow you to pursue your homesteading hobby without feeling cramped. With so many considerations, finding ways to bring your dream to life can be challenging.
Buckner Homes Realty Inc wants to help you realize that dream! Here’s what you need to do to make your retirement aspirations a reality.
Evaluate Your Finances
Before you can start looking for a new or larger house for your retirement years, you need to make sure your finances are in order. This means taking a long, hard look at your savings, your total debt and your retirement income—ideally before you exit the workforce. The last thing you want to do is choose a property that you aren’t able to afford without a full-time job.
If you have significant debt built up, it’s worth trying to pay things down before you retire. As Dave Ramsey explains, the less debt you have, the more financial flexibility you’ll have throughout your retirement. If it is too much to manage easily, you can always connect with a professional debt relief specialist.
Hire a Real Estate Agent You Can Trust
Finding your dream house for your retirement years isn’t easy, especially when you’re trying to navigate the Ocala FL real estate market. The best thing you can do is work with Buckner Homes Realty Inc. Rhonda is able to identify properties that will fit your needs and your budget. Even better, she can help you with the negotiation process and can make it easier to sell your old home when you find the right property.
Things can be especially tricky if you’re buying and selling at the same time, so having someone you trust in your corner is imperative. Make sure to choose a professional who understands the type of property you’re looking for from the start.
Be Picky About the Properties You See
One of the most important things to remember when upsizing for retirement is that you’re likely buying a house for the rest of your life. It’s definitely OK to be picky about the properties you tour or make offers on! Let your real estate agent know what features you’re looking for before you start touring homes. For example, if you’re concerned about hosting your grandkids, make sure the property has enough bedrooms to accommodate them comfortably. If you want to homestead, make sure there’s enough land to create your dream garden. If it takes a little more time to find the right property, that’s fine—it’s worth it!
Prepare To Buy Immediately
According to The Balance, the average house stays on the market for just 56 days. This means you need to move quickly on a property once you find your dream home. Be ready by getting pre-qualified for a mortgage before you start looking for a home. If you’re trying to sell your old house but haven’t gotten an offer yet, you can always request a delayed closing on the new home to help free up your funds.
Hire Professional Movers
Once you find your dream home, you want to hire experienced movers to make your transition simple. Look for movers who specialize in working with retirement-aged individuals. These companies can help you with everything from packing up your old house to moving large pieces of furniture to your new property. All you’ll have to do is show them where you want each piece of furniture to go.
Moving into a new home when you begin your retirement can be challenging. Keep these tips in mind when you start your search and you’ll be sure to find the perfect property for your needs. Carefully think about everything you want in your home before you start looking in earnest. And partner with the trusted professionals at Buckner Homes Realty for a smooth transition into the home of your dreams!
Rhonda helps with every aspect of your sale and purchase. Give her a call with any questions, 352-266-2637