Economic Benefits of Relocating
The good news for Baby Boomers who are eager to shed their snow
shovels along with exorbitant property taxes—it’s still possible to realize
your dream of making bone chilling
winters a thing of the past. By relocating, you’ll not only enjoy warm
sunny days and mild winters, you’ll
also benefit from lower property taxes, a lower cost of living and a better
quality of life.
Take Advantage of Current
Real estate values have stabilized
in many markets and are on a slow
incline. Depending on your particular area, this could be the prime time
to sell your home while capitalizing
on lower home prices and cheap
money. Interest rates are still extremely low, but some forecasts call
for a rise in the next year or so. There
is no time like the present to plan for
It’s tough to sell your home for
less than you think its worth. But if
you consider your net gain from getting the money now, and that you
may also buy replacement property
for less, it makes sense to do it.
Depending on where you live
right now, you could sell your house
and use the equity to purchase a
beautiful home in a less expensive
area. Your new location could afford
you greater living standards such as
numerous parks, better weather, excellent health care facilities and access to entertainment.
If you can sell your home now,
you’ll have an extraordinary opportunity that you’re not likely to see
again soon. As the housing market
heals, you’ll get more for your home,
but you’ll also pay more for a retirement home.
Lower Your Taxes
One of the biggest benefits of
moving south is lower taxes. If you
live in Massachusetts, New Jersey,
Connecticut, New Hampshire or
New York, you’re well aware of the
burden of paying high property taxes.
It’s possible to save thousands of
dollars a year by moving to lower-tax
Helping you find the right place.
For current mortgage rates,
home equity calculator,
as well as new home
statistics and trends, go to: