As they say a journey of 1,000 miles begins with just 1 step. So is it with making the move from the home you raised your family into your new empty nester home. If you think about possibly moving in the next two to five years, Do the Following to get ready.
Learn what your financial situation would be for a home purchase. How much equity do you have? What kind of downpayment and how much monthly payment can you afford?
Start small, It took many years to accumulate your stuff, take small steps, one closet, one cabinet, one drawer at a time. It is not a sprint, but a long distances race. Take your time, but start emptying the “Storage Locker” many of us make our homes.
Become aware of both in the potential market for your home and the market in the area where you may want to purchase as well.
Be cautious of major improvements to enhance your home’s value. You need to maintain your home, but many upgrades cost up to 50% more than the value they bring to your property. Seek local knowledge of a local realtor before undertaking any major improvement.