When to move
Denver real estate discussions...
Over heard recently from an elderly couple selling their home. The Mr. just turned 81 and his bride was a young 74. After many years of searching for the "last home" they finally found the perfect one for them. Or at least settled for the closest thing to perfection. But not without some regrets.
The Mrs. told me they waited way too long. In her opinion by the time one is 65 years old, they should be in their "last home." Waiting too many years beyond that is just too difficult.
Home prices surged beyond their ability to purchase nearby their children. The shear relocation pieces in themselves brought on unnecessary stress and at times panic. The physical move even though it was orchestrated by family with the help of professional movers was difficult.
Downsizing from a huge home into a more manageable one takes time, patience and a strategy. Waiting until one HAS to move is a serious mistake.
Planning ahead wins out, once again.
It's sad when they can not find the "perfect home". At least they realized it and changed their criteria so they found a "good enough" home. Timing of so many issues is critical.
Posted by: Michelle DeRepentingy | August 06, 2007 at 12:25 PM
Nice looking blog. Excellent information too.
We got here via a link in Colleen's AR post, and are glad we did. We'll be back, as should all who are interested in your real estate market. Good show.
Posted by: richard bolen | August 05, 2007 at 03:07 PM
Super advice. My own parents downsized suddenly when I found a perfect house for them about 6 years ago. They had not even been in the market for a home, looked at only this one, and bought it the day I showed it to them. The decision was easy for them because they had helped my grandparents move a few years before, and they stayed in their home wayyyy too long.
Posted by: Maureen Francis | August 02, 2007 at 06:30 AM