Senior Real Estate Specialist SRES®
"AS WE AGE, WE DEMAND SPECIALISTS IN OUR HEALTH NEEDS, SO WHY NOT IN OUR HOUSING AND EQUITY NEEDS AS WELL?"
My Goals are to:
Build trust and rapport.
Define your parameters.
Help you form realistic expectations.
Learn your needs and goals, life stage, health and activity stage and motives for buying/selling.
Learn of anyone who will be involved in the decision making (family members You want involved).
Find out how this purchase/sale fits into long term plans.
Plan a strategy for finding the right property- and/or…
Plan a strategy for selling your property.
A customized approach to your real estate needs is one of the many services I will offer to you.
I have the knowledge and expertise to counsel you through lifestyle transitions
Involved in relocation and/or selling the family home.
Help you understand the differences, the pros and cons to different communities and lifestyles.
Upgrading Your Home as a Senior
This guest post was provided by Sarah Velasquez of Our Perfect Abode.
Perhaps you're looking to entertain in your new home and need more space to accommodate. Maybe you plan to engage in homesteading, want more space for hobbies, or plan to have family visit regularly. For whatever reason you're looking to upgrade, these tips can help. Start your home search with the help of a Seniors Real Estate Specialist Tammy Antrobus!
Know Your Budget
Before you start the home-buying process, establish your budget and research the current real estate market. Know how much you bring in monthly. Estimate how much food, utilities, and other living expenses will cost you, and subtract these expenses. The remaining money is the amount you have to spend on a mortgage.
Generally, your mortgage shouldn't exceed 28% of your monthly gross income. This figure is what most mortgage companies use to determine if you qualify. By keeping your mortgage payment below 30% of your income, you can ensure it's affordable and reduce your risk of financial hardship in the future.
Keep your future budget in mind. If you plan on retiring, ensure you'll still have enough income to pay for your home and living expenses. If you plan on traveling or starting a new hobby, keep these expenses in mind as well, so you can make the most of your senior years.
Compare Your Mortgage Options
If you need to get a mortgage to afford your new home, look into your options in terms of loans and compare them. A conventional mortgage may be a cost-effective option if you have a decent down payment and a good credit score. These factors can help you avoid private mortgage insurance.
Establish a List of Your Needs and Desires
Before you start your home search, know what you need and want in a home. For instance, do you plan on farming? If you do, will you be raising animals or just growing crops? This can give you an idea of how much land you'd need. As a general rule, you'll need at least two acres. If you're planning on entertaining or having family stay with you, establish how many rooms you'll need to do this comfortably. You may also want a room for crafting or starting a business.
Look for a location where you can meet new people with similar interests and relocate to an area near activities you enjoy.
Consider Hiring an Agent
While you’ll have to pay a realtor a commission, searching for a new home on your own isn't always a money-saving move. An experienced realtor like Tammy Antrobus can help you spot red flags, negotiate prices, and find a home that meets your needs and wants easier than you could on your own.
Find a Home Suited for Your Changing Needs
If you have plans as a senior that require a larger home, you can find the perfect home by taking the right steps. Be sure to work with Tammy Antrobus to find the home you've been dreaming of.