Restoration Harmony Homes
  • Home
    • Contact
  • OUR HOMES
  • Portfolio
  • Services
    • What's Your Design Style?
    • Lifestyle Survey
  • Blog
  • FAQ
  • Resources

Quick Tips for Buying a Home in Your Senior Years

10/19/2020

1 Comment

 
Picture
Photo via Pexels
If you’re looking for a fresh start in retirement, buying a home could be a great decision. But making a major purchase in your senior years does come with a few challenges. How can you find a home that will meet your changing physical needs? Can you afford a new mortgage on a fixed income? Are you ready to face a stressful move? Taking the time to answer these questions will ensure that you’re properly prepared for this big move. Read on to learn from Restoration Harmony's guest blog expert Hazel Bridges from AgingWellness. 






​
Finding Your New Home

It’s important to consider your current and future needs when looking for your new home. 

  • Consider walkability to nearby amenities and services.
  • Think about the features that will enable you to age-in-place.
  • Look for single-story homes to avoid navigating staircases every day. 
  • Restoration Harmony Homes can help you remodel your new home so that it better fits your needs.
BEFORE
AFTER
AFTER
Buying a Home on a Fixed Income

Be sure to get your financials organized before you start hunting for homes.

  • Calculate how much house you can afford based on your household income.
  • Remember to account for hidden home buying costs in your budget.
  • Look for a home with a mother-in-law income suite so you can rent space to offset your mortgage.
  • Research and compare your different mortgage options. 

​
Picture
Planning for Your Move

Moving can be incredibly stressful, so start planning for the big day far in advance. 

  • Get a feel for how much it will cost to hire movers.
  • Research nearby moving services and book a company for moving day.
  • Start decluttering and packing up your belongings.
  • Remember to pack a first-day box with your everyday essentials.

​
Picture
Selling your home and buying a new one is an excellent chance to move somewhere new in your golden years. Perhaps you want to be closer to family, leave the cold winters behind, or enjoy the convenience of city living. Whatever your reason for buying a new home, taking the time to evaluate your budget, research your housing options, and plan out your move will ensure your purchase is a success! 

​
1 Comment
Sherwood Park Realtors link
1/7/2022 06:24:57 am

The decision to buy a home during your golden years is one that is sure to affect your retirement. While some financial companies will lend to seniors, the majority are hesitant for a number of reasons. With this article, it has become clear on what steps you need to do when buying your home in your senior years.

Reply



Leave a Reply.

    Picture

    Author

    Angela is the owner of Restoration Harmony. She and her husband, Dave create a feeling by renovating  homes, create design builds & renovations for clients as well as custom  interior design.

    Archives

    October 2020
    April 2020
    March 2020
    December 2019

    Categories

    All
    Family
    Holidays
    Home Decor
    Interior Design

    RSS Feed

EMAIL US
CHECK OUT OUR LATEST BLOG
Picture

    Sign-up to get  exclusive pre-sale & party invitations, SWAG, discount codes, and access to online freebies! 

Subscribe to Newsletter
Note: I may earn a small commission for my endorsement, recommendation, testimonial, and/or link to any products or services from this website. Which includes the Amazon Services LLC Associates Program, an affiliate advertising program which is designed to provide a means for sites to earn advertising fees by advertising and linking to amazon.com 
Your purchase helps support my work in bringing you real information about the areas of interest we are passionate about on our website like design, renovations, family, weddings, events and more. ​

© COPYRIGHT 2018-2019. ALL RIGHTS RESERVED.
  • Home
    • Contact
  • OUR HOMES
  • Portfolio
  • Services
    • What's Your Design Style?
    • Lifestyle Survey
  • Blog
  • FAQ
  • Resources