By Scott Gaertner
Americans have been conditioned to believe that success and growth are tied to bigger and better, so a choice to live in a smaller space with less stuff can be confusing. As a Scottsdale North real estate broker, I talk to a lot of folks about downsizing, and I can tell you that folks struggle with this for years. This difficulty is so prevalent that we do regular downsizing seminars just to help folks get past their fears. For those of you just starting the process, smaller can be better so let’s take a look at the issue. More or less . . .
Advantages to Downsizing
More Money. If you’re spending less on your mortgage payment, you are likely to have money left over every month to allocate to other needs or desires. Or perhaps you could pay cash for a smaller home from the proceeds of your existing home. We helped a client pull $300,000…
Read More: DOWNSIZING: CAN YOU HAVE MORE WITH LESS?