Bernie Stephan, Eco Realty - Downsizing Your Home for Retirement

5. Handling Paperwork

Paperwork, paperwork, and more paperwork! The process of downsizing, selling a home, and moving into another can seem overwhelming enough, even without all the paperwork, and all the different contracts and documents involved in a home sale and home purchase. A lot of this paperwork, though necessary, will be foreign to you; one- or two-page deposit receipts, etc., might have been the norm 30, 40 years ago, but today’s purchase agreements run 10 pages or more, and that doesn’t even include state- and federal-mandated disclosures, or disclosures dictated or mandated by local customs. The good news is that an agent who is trained to deal with contracts, terms, conditions, etc., can help you deal with all of it to make sure everything is accurate, complete, and finalized, and that nothing is missing. A mistake, or an omission, could cost you down the road and even land you in court if you’re not careful; an agent will help ensure this does not happen!

Key Takeaway:

Real estate agents help both buyers and sellers and having a great agent on your side while you go through the process of downsizing will prove to be a huge advantage and asset.

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