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Good Stuff Happens in 1:1 Meetings: Why you need them and how to do them well
Things retired couples need to consider before buying a property
1. Things Retired couples need to
Consider before Buying a
Property
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2.
So, your children have grown older and left home or that is just about to happen
and as a couple, you're planning to invest in retirement properties including a new
home.
If that's the case, then you're on the right site.
Just read along and find out more about retirement investments.
Things retired couples need to consider before
buying a property
#buy_a_home_in _retirment
3.
Buying a home in retirement is probably a priority in your retirement planning
because your needs have now changed and the house you used with your
children no longer suits you.
First, congratulations for making it this far together! Here are the things to
consider when buying what may be your last home.
Things retired couples need to consider before
buying a property
#retirment_investment
4. Is It The Right Area?
As a retired couple, you no longer need to live near a good school but you want a
place with good features, which will allow you to live in peace.
It's advisable that you do some soul-searching as you try to find a good place.
You might want to stay close to your community so that you feel a sense of
belonging.
You might also move across the country where there is a warmer climate.
#retirment_planning
5. The Right Home
The right home is that which not only suits your needs today but that which will
also suit you in future.
Consider your current lifestyle and that of the future.
For instance, if you entertain, then you probably need a bigger house as compared
to if you don't invite people over more often.
#retirment_property
6.
Buying a home in retirement might cost you additional money because
you need a bigger one now since your family has grown.
Your grandchildren as well as their parents will obviously be visiting you overnight
and therefore there is need for more guest space.
Consider what you do yourself.
The Right Home
#retirment_house_buying
7.
In case you're still working, you need a spacious
home where you can have one or two offices for
both of you.
Buy a home that will accommodate your work and
your hobbies as well as your crafts.
Remember you also need a steady income to take
you through your years and not to be a burden to
anyone and for that reason; you must invest your
money.
Your retirement planning should include a well
thought out investment.
The Right Home
#old_couples_buying_home
8. Other Things To Consider
Apart from buying a home in retirement, other retirement investments must be
part of your retirement planning.
Below are the general things you should consider as a
couple before buying retirement properties.
#things_to_consider_when_buying_a_home
9.
Before buying retirement properties,
consider the maintenance cost.
Will you be able to afford the maintenance
cost of whatever you're buying? If yes, then
it's a good deal.
Be sure to take the legal advice of a specialist
which is confidential so that the seller
doesn't know.
Look for a qualified real estate agent to
advise you accordingly.
#legal_support
10.
You must check the deeds and planning
permissions to be sure the properties
you are buying have correct regulatory
approval.
A good property should be situated in area
with a good infrastructure and therefore,
the location of the investment properties
cannot be overemphasized.
There should be decent public transport as
well as shopping centers and even airport
access not mentioning other amenities.
#check_regulatory_approval
11. Get in touch with HFMA today, and we'll help you find the right
agent for the buying a property.
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