According to the National Association of Realtor’s Research Department, approximately 63% of the population owned a home in 2016. Over half of that figure is 55 and older. As retirement approaches or settles in, there are a lot of housing details to consider. Are you getting the most out of our finances with or without the mortgage? Are you able to keep living in the home as new health needs arise? What should I be doing now to help sell in the future?
There will be a time you or your children will need to sell your current home. We do not know what the market will be like when that day comes. However, there could be adjustments made overtime to make sure you satisfy potential buyers. Keeping up with trends is the best way to get the most out of the home in the future. Selling can be stressful for anyone in any situation. The more desirable the home is, the quicker you get an offer and the sooner you no longer need to care for this property. Just remember that every situation is different especially for whoever is next!
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