Special offer

Making a Real Estate Transition As a Senior (55 Plus Years)

By
Real Estate Agent with Premier Property Sales & Rentals RS284559

Real Estate Delaware County PAMaking a Real Estate Transition As a Senior (55 Plus Years)

Making a decision to move into a 55 Plus community or to downsize is not an easy decision for many people. Often this transition occurs because something happens in a person's life that makes them seriously reconsider their present living situation, and often in a rushed fashion.  The better scenario would be to make the change when you are not pressured and you are excited about a change in where you will be living next.

Recognition and acceptance of the aging process is the key here.  Caring for the same house you purchased many years ago at a much younger age may not be the best place to live in your retirement years.  Your home may become a burden and over time you may suffer with wondering how to keep up with all the maintenance that keeps your house a healthy asset.

Take stock of what you want as you get older and really be good to yourself.  Make a decision that takes into account that you will be slowing down over time: steps may become a chore to climb, preparing a room for your visiting children and grandchildren on the second floor may be too much to handle at short notice, yard care may become overwhelming. 

Is being tied to a house that needs the energy level of your earlier years really looking out for yourself as you enter into your retirement years?

As we work with people who make this decision and go forward with this change, we are often told that it was the best thing they could have done for themselves.  Not only are they freed up to do more activities with friends and family, and to enjoy more of their time, they are reminded of their good decision when the winters dump their piles of snow and ice, and the rains in spring makes the grass grow like weeds. 

Our clients are great role models and I only hope that I can care for myself as I have witnessed other people care for themselves as they approach the Age of Wisdom.

 

 

Comments (8)

Susan Laxson CRS
Palm Properties - La Quinta, CA
Realtor in San Diego, CA & Naples, FL

Gloria, great reminder that the decision to move after 55 is an important one and there are so many things to consider.  ~ Susan

Jul 22, 2010 04:13 AM
Courtney Cooper
Cooper Jacobs - Seattle, WA
206-850-8841

This is a good write up on 55 and older - there are a ton of things that are different for every aspect of real estate, but making some pretty big decisions is tough at any age:)

Jul 22, 2010 04:15 AM
Gloria Todor
Premier Property Sales & Rentals - Springfield, PA
& Doug Durren (484) 431-3686 in SE PA

Hi Susan, Thank you.  We are working with a client right now that is making this change and as you said the details are really important. 

Courtney, Thank you. And yes it is hard at any age!

Thanks for stopping!
Gloria 

Jul 22, 2010 04:22 AM
Chris and Maria Jeantet
Shasta Living Real Estate - Redding, CA
Top Realtors in Redding CA

Great article Gloria,

We just sold a house because the owners were moving on to an assisted living complex. This couple a hard time time letting go of their home which they've owned since the 40's, it was somewhat hard for us to see them go through it but we showed them around other alternatives and introduced them to friends we know in the new living facility and things began to look much brighter for them. It's never an easy transition, we plan on having lunch with them monthly as we have with other folks in the same situation.

Chris and Maria Jeantet, SRES

Redding CA

Jul 22, 2010 04:38 AM
Sergio DePinto
Royal LePage Maximum Realty.,Brokerage - Greater Toronto Area - Vaughan, ON

Hey Gloria,

As a Accredited Senior Agent (ASA), I appreciate the thoughtfulness of this post. I must re-blog this as it shows your sensitivity to mature, senior, and the largest growing segment of society. Good advise and compassion... this is a very good post.

Thanks,

Sergio

Jul 22, 2010 02:23 PM
Gloria Todor
Premier Property Sales & Rentals - Springfield, PA
& Doug Durren (484) 431-3686 in SE PA

Chris and Maria, You both sound like very caring and patient people.  Your clients are very lucky to have connected with you. 

Sergio, Thank you very much for stopping by, your feedback and re-blog.  I just hope we all meet up with sensitve, compassionate people when we need them most, and I am sure you are one of them.

All the best!
Gloria

Jul 22, 2010 03:38 PM
Carol Zingone
Berkshire Hathaway Home Services Florida Network Realty - Jacksonville Beach, FL
Global Realtor in Jax Beach, FL - ABR, CRS, CIPS
I work with an adukt 55 community here in Jacksonville & have helped numerous people manage this transition. It does take input from the entire family at times.
Jul 29, 2010 01:42 AM
Gloria Todor
Premier Property Sales & Rentals - Springfield, PA
& Doug Durren (484) 431-3686 in SE PA

Carol, Yes it often turns into a family affair.  Thanks for stopping and all the best.   Gloria

Jul 29, 2010 09:38 AM