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Downsize, Donate, and Deal
February 16th, 2016 11:10 AM
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With spring just around the corner, it is time to think of "spring cleaning" and those yard/garage sales to help clear out the clutter.  But if planning to sell or making a move within the next year or so, it is also time to manage residential downsizing, especially if moving out of a home that has been occupied for over a decade.  It is best to plan now and not wait until there is an emergency, such as illness or death.  

When moving into a smaller space, it will be necessary to let go of possessions that will not fit into the new home or condo.  It is a good idea to create a scaled floor plan to help figure out what will actually fit in each room.  Now is the time to find out what your possessions are worth and who might want them. Talk with adult children about what they want and decide to sell or give away the rest. It can be an emotional time for everyone but It will make things easier when later settling an estate.  

Downsizers have three options for unloading things they will not have room for: sell, donate, or toss out.  Several organizations can assist with accepting donations, such as Goodwill Industries, Hope For Humanity Thrift Store, or Habitat for Humanity, among others.  There are also local consignment shops for furnishings in excellent condition, and E-Bay is always a  place to sell any kind of item online.  

When moving, be sure to hire a reputable moving company, one with experience and a reputation for moving downsizers.  They are the ones who understand the emotions and complexity of this type of move.   If this is a move for seniors,  contact the National Association of Senior Move Managers at www.nasmm.org/contact/index.cfm for assistance or details.   

Think forward and consider five to ten years on the horizon.  Weigh the options available and devise a plan.  Lifestyle changes come with aging and it is good to be prepared.

written by Barbara Doeringer

Posted in:Real Estate
Posted by Allen Doeringer on February 16th, 2016 11:10 AMPost a Comment

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