Courtesy of Ryan Torris

Volume 12 Number 08

HOMEBUYINGTIPSFORSENIORS In real estate, so much attention is paid to first-time homebuyers or to the Millennial generation. Yet, a 2018 survey found that 1.4 million Canadians between the ages of 54 and 72 were planning to buy a home in the next five years. Whether to downsize, relocate to a warmer destination or move closer to family members, there are plenty of reasons to purchase a home in your 50s, 60s, 70s and beyond! A few things you

can do to help the process go smoothly would be to determine your preferences, find a lender and prepare for the move. To figure out what you want in your next home, decide if you’d like to relocate within your current area or move somewhere new. Next, decide

if you want a multi-level home, bungalow or condo. If you require a mortgage, consider using a broker to help find you the best rate. Lastly, prepare for this next stage in life by

decluttering your current home. Try to take only the things you regularly use or truly love.