Bernie Stephan, Eco Realty - Downsizing Your Home for Retirement

mean you should just take the first offer that comes your way. You can sell your home, you can sell it in enough time, and you can sell it for a great price that can help propel you into your future.

Homeownership is a big deal and usually comes with many emotions. As a homeowner, you might think, “Surely, my home, where I invested so much money and time and sweat and tears, and raised my children into adulthood, is worth more than what ‘you people’ [buyer’s agents, appraisers, potential buyers, etc.] think it is.” Yet these “people”—real estate agents, appraisers, banks, potential buyers, etc.—are considered professionals for a reason. But being emotionally invested in your home has its downsides when it comes time to sell it. This is especially true for downsizing homeowners. Often, they have a hard time saying goodbye to their family home full of treasures and memories. But bear in mind that emotions almost always lead to problems in a home’s final sale price.

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