I had the pleasure today of listening to Lisa Tiger, REALTOR, and Master’s Level award winning agent with CENTURY 21 Advance Realty, give a presentation to members of the Senior community in Berks County, PA., relative to the right time to consider a lifestyle change.
Ms. Tiger, who gave her presentation as part of an event at The Highlands in Wyomissing, PA., addressed the concerns of the Senior community when considering selling the family home and moving forward in their lives. Some of those concerns were the fear of losing money when they sell, leaving the home where their children grew up, having nowhere to go after their home is sold, the process of sorting through their personal belongs, the fear of losing their independence, and how to begin the process.
The choices available to this demographic are active adult communities, assisted living, smaller, one-story homes, condominiums, apartments, or moving in with a family member. Ms. Tiger stressed the localized Berks County market and its stable economic analysis (the number of homes sold in Berks County in the 2nd quarter of 2009 is actually up 3.5%, the prices are up 2.9% and homes generally sell at 95.8% of list price as per Trend). Ms. Tiger recommended Seniors first consult their family members to discuss their decision, then get expert advice from their attorney, financial planner, accountant, and, of course, their REALTOR.
My personal opinion is the worst mistake a Senior can make is waiting too long to make that decision to take that next step in a lifestyle change. Each stage holds a certain charm and relevance, so why linger too longer in the stage that has passed?
If you are a Senior, and you are Ready, begin the process. Get the information, weigh your options, consult the professionals and Begin. Lifestyle changes are not endings but new Beginnings!
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