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How To Pick Out The Right Home If You Are Downsizing

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Are you retiring from your work? Are you trying to simplify your lifestyle? If you have decided to move from your large home into a smaller one, you might be having mixed emotions. After all, you probably have sweet memories of your children living in your home and of pleasant events that have taken place there over the years. On the other hand, you may be excited about having less work to do as you move to a smaller place. Of course, you have many decisions to make. Here are some ideas for you to consider as you start the search for the right home for you.

The Neighborhood - One of the first decisions you have to make is what kind of a neighborhood you want. A great way to start is by taking a leisurely drive through your town or city so that you can get a feeling for the atmosphere in each neighborhood. Obviously, this is even more important if you are relocating to a new city. Look at front yards. Are there tricycles and other toys in most of the front yards? If you would love neighborhood children visiting you for milk and cookies, toys are a good sign. However, if you value your privacy, you may want to avoid those neighborhoods that have evidence of very young families. Do you enjoy participating in clubs and other organizations? Find out from the Home Owner Association what kind of events, if any, are planned throughout the year. In addition, ask yourself the following questions:

  • Are you church attenders?
  • Do you like to go to the private library?
  • Do you want to be on a bus line?
  • Do you want to be in walking distance of shops?

By answering those questions, you'll have a much better idea of the location you want for your home. Your real estate agent will already be familiar with locations that will best serve your needs. 

Do You Want A New Home Or A Previously Owned Home? There are definite benefits to both choices. Finding the right realtor will be one of the most important things you do when looking for your next home. When you select your realtor, be very specific on what you want in a home.

  • If you want a house with an established yard, a previously owned home will be a good choice. However, if you are wanting to start from scratch, look for a new home.
  • Do you enjoy outdoor entertaining? If so, new homes might be more likelier to have an outdoor kitchen.
  • Are you wanting new state-of-the-art kitchen equipment? You will probably find that in a brand new home, too.
  • If you are wanting to select things like your own wall colors, carpets, flooring, and bathroom fixtures, your real estate agent can direct you to homes that will soon be constructed.

As you work with your real estate agent, keep a notebook of questions you want to ask him or her. Find out the best times to reach your agent and ask him or her how long it will take for your calls to be returned.