Are Savings and Simplicity in Your Future?

Senior Couple Downsizing

Downsizing Your Home can be an Exciting Time.

Scaling down doesn't mean taking a step back. On the contrary, it opens a world of new possibilities. Downsizing your home can be an exciting and overwhelming time. Many feel liberated as they get rid of the possessions they no longer need, while others feel increasingly anxious. 

For those downsizing a home they have lived in for many years—decades, even—the downsizing process can be particularly daunting. Below are four tips for easing the downsize.

4 Tips for Easing Your Downsize

  1. Hold an estate sale—partner with an estate sales group to facilitate the auction or sale of belongings at the house.
  2. Contact an auction house. Consider letting an auction house take over the sale of high-end valuables such as antique furniture, artwork, or collectibles.
  3. Donate to a charity. Are you thinking about passing some possessions to those in need? Call the charity (for example, Salvation Army, Goodwill) to give them a list of the items to be donated.
  4. Hire a paper-shredding service. Because financial, bank and private documents can contain confidential information, Gunderson says it is vital to practice caution when removing them from the house.

Source: http://www.mysilverage.com/seniorhousingguide.

Post by Eric Slifkin, a REALTOR® serving South Florida's Treasure Coast. You can reach us at 772-678-1600 or visit our Web site. As your resource for information on new or resale homes throughout the Treasure Coast, please be sure to contact me about any home you may find on the Web, yard, sign, or ad, and I will research the property and arrange showings and handle all the details.