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Real estate agent commission. It’s as simple as asking if there’s room to lower this fee. ... For example, you might need to consider downsizing to a smaller, more affordable property.
On the flip side, not downsizing at all can be problematic, Gawley said. “An oversized home means higher utility bills, insurance and property tax costs which can strain a retirement budget.”
If downsizing is taking you to another state, "check the annual real estate taxes," Bitterman says. "These differ from state to state and if saving money is your priority, this is an important ...
Many people downsizing from a larger property to a smaller one will find their current possessions, appliances and furnishings will be unable to fit in the new smaller home. [4] Some people will find it especially difficult to accept the need to dispose of possessions, and this will cause some considerable anxiety. [ 5 ]
Some folks consider anything from 150 to 400 square feet a tiny home, while others call their 800- or 1,000-square-foot home “my tiny house.”. One thing fans may agree on is that tiny houses ...
Move-up home. A move-up home is a real estate term used to describe a larger and/or more expensive home that a person moves into from a smaller home. [1] It is implied that as repeat buyers, the customer is more familiar with the real estate process than a first time buyer. [1]
Protected area downgrading, downsizing, and degazettement (PADDD) events are processes that change the legal status of national parks and other protected areas in both terrestrial and marine environments. [1][2] "Downgrading" is "a decrease in legal restrictions on the number, magnitude, or extent of human activities within a protected area (i ...
“Downsizing often makes sense to reduce costs and live in a space that is easier to maintain, but moving in 2024 will probably cost you more money due to higher interest rates and a lack of ...
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