When moving from a home that you have lived in for many years it is stressful on your body and your mind. Not all seniors are in the physical shape to pack things up, move things around and lug boxes down the steep stairs. As difficult as that sounds, it pales in comparison to the mental and emotional stress a senior has when they are in transition to a new home. Most times seniors are downsizing to a much smaller footprint, which typically means they can only bring a small amount of things with them. Working with people who understand the emotional side to moving is very important to the well being of your parent.
I have created a local network of real estate professional that are the top performers in the county. Some realtors on the list have special designation “Certified Senior Housing Professional” where they have received additional training and knowledge about late-in-life transitions.
My network includes:
- Local/Neighborhood Realtors
- Guidance with additional services like moving, cleaning and repairs
- People who have experience helping seniors
- What to do with the “stuff”!!!
- Knowledge of Senior Friendly Living Choices
Whether you are looking to stay in your home for as long as possible, looking to rent your home and live somewhere else or sell your home all together, your home’s assets are typically the way people afford care for an extended amount of time.
Here are a few of the creative ways people use their real estate as a financial tool.
- Sell their Home
- Rent their home
- Reverse Mortgage
- Bridge Loan
- Home Equity
- Long term Care Insurance