Articles Tagged ‘downsize home’

Retirement Advice on Why Downsizing a Home Makes Sense After Retiring
Wednesday, May 30th, 2012
Retirement Advice on Why Downsizing a Home Makes Sense After RetiringFor most people, buying a home will probably be the most important transaction they’ll ever undertake in their lives. Chances are the second most important transaction will be selling that home later in life. Furthermore, if someone has owned their home for a long time (and they’ve either paid off their mortgage, had their home value appreciate, or both) it might be the single largest transaction in terms of dollar value. One common reason that people sell their homes is because they’re downsizing for retirement. With the children raised and no longer living at home, many new retirees find a...

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