The decision to downsize is often emotional, requiring you not only to say goodbye to the family home that holds so many memories but let go of possessions that no longer have a place in your life. Downsizing remains an important option for those approaching later years and looking for less stress. Once the kids…
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If you’re a parent with adult children who’ve successfully launched, statistics show you’re among the most likely to contemplate whether you should downsize. Downsizing is one of the most popular reasons to move home for those aged 53-64, according to the National Association of Realtors. As an experienced local agent, I work with many couples…
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If you’ve been on the fence about whether to finally sell your long-held family home and capitalise on today’s record-high property prices, a new law designed to encourage downsizing may be great news for you. New changes from the Federal Government mean the age that you can now deposit the proceeds of a property sale…
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Society is great at coming up with names to capture the mood of the moment. “Nimbys” (not in my backyard) is a favourite for those who don’t want progress, and then there are the “empty-nesters”, describing parents whose adult children have left the family home. The latest phrase doing the rounds in real estate is…
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Anyone seeking to climb the property ladder has the challenge of trying to pick the best time to buy or sell. Smart owners and investors focus on the movements of the four-stage Property Cycle to help them make a judgment. As an experienced local agent, I’ve worked with many property professionals who study this cycle…
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In the current property market, it’s not unusual for owners to suffer a little price envy, having seen their neighbours achieve an excellent sales result for their home. With national values rising at their fastest rate since the 1980s, there will always be occasions when houses and apartments far exceed price expectations. And yes, it…
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Downsizing is often seen as the ultimate way to resolve money concerns, reduce responsibilities and begin a new chapter in your life. It’s a good strategy for anyone facing a financial hardship that needs a short-term fix, but most people downsize as they enter their later years to make life easier for themselves. The family…
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Have you ever thought of wiping the slate clean to make a new fresh start in your life? While many of us consider the possibility but back away from the inevitable upheaval. But it’s definitely possible to downsize your life. It starts with your property and possessions and it’s not overwhelming if you take it…
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It can be challenging to know the right time to downsize your home. It can be a very emotional experience. The family home is full of memories of raising a family and sending young adults out into the world. So, it’s understandable that couples moving towards retirement are reluctant to leave behind the sanctuary that…
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It comes to most of us eventually – the day when we decide it’s time to let go of the family home and downsize to simplify your life and minimise your expenses. Downsizing is one of the most popular reasons for buying and selling real estate among those in their mid-50s and early 60s. That’s…
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