What Is Downsizing?
When people think of downsizing, the first thing that comes to mind is “Oh I’m going to live in a smaller place“. While that may be true in most cases, it doesn’t always mean a loss of freedom.
Downsizing is a process. You review your situation and make adjustments to meet your needs.
Those needs may be current or for the future. You may choose to sell your current home or you may choose to rent it. You could move into a similar-sized home that costs less in a different area. Some people choose to “downsize” to more luxurious places. You may simply be looking to free up cash from your existing home. The point is, that there are always choices to make. The decision to downsize your home involves a lot of factors.
There are two general categories that most people fall into. You fall into the first category if you are able to manage your day-to-day activities without help. In this case, you are self-sufficient and can live independently.
In the second category, you need some help or caregiving support to manage your life. The level of help you need depends on your situation. Often, it is a reaction to a life-changing event. Such as retirement or a physical change in your life. There are a variety of options available in this category to choose from.
An Estate Planner can help prepare you on how to deal with your assets in this event. There are many other individuals who can help you plan your move. So before making that decision, talk to the appropriate professionals. Arm yourself with all the necessary information to make an informed decision
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What is Downsizing
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What Our Clients Say
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I was introduced to Rakesh through a common friend when I was looking to buy an investment property. I wasn't sure of the location or type of property I was looking for. Rakesh was very patient with me and asked the right questions to clear my thoughts and help me arrive at the final decision. He gives advice like a family member; is very honest with sharing his inputs and readings into the present and future value of the property. He always has the best interests of the buyers. He also went above and beyond in helping me sort out the issues with the new tenant. During the span of one month, he was super quick in responding back to my questions and was very flexible around my schedule. I look forward to doing business with him in the future.
Ruchika R.
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I just would like to say thank you for your excellent service. You went way beyond my expectations in my purchase. You always responded when I messaged you and answered all my questions. I'm looking forward to doing more business with you again in the near future Wish you luck and success in your career. Thx Aurora
Aurora D.
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Rakesh was very reliable, responsive, and professional as our Realtor. He was trustworthy and not afraid of being open and candid with his opinions on questions and concerns that we raised. He was very approachable and interacted really well with us as clients. We also noted that Rakesh was proactive, paid attention to detail, and always kept the bigger picture in mind as he worked with us. We knew we could rely on him to get the work done. Rakesh had a very positive attitude throughout our interactions with him as he helped us navigate through our needs. He delivered on his commitments and inspired us with confidence from the start of our transaction to the closing and beyond. We would highly recommend using Rakesh as your Realtor.
Dev & Ushma R.