For many seniors, the idea of selling the home that they have raised a family in can be met with some resistance. And while many seniors are perfectly capable and comfortable taking care of a large home, there are some who would much rather do away with the hassle of home maintenance and lawn upkeep, opting instead to spend their golden years in a more relaxed setting with a more comfortable climate. If you find yourself thinking about selling your home and settling in greener pastures, then there are a few things you will need to consider.
- Are you moving because you want to, or because you think that taking care of your home is becoming a burden?
- Do you want to move closer to family?
- Is the climate you currently live in aggravating any medical conditions you may have?
Firstly, you must ask yourself what you’d want in your new residence. Do you want to live in a place where things like lawn care and home maintenance are taken care of for you, or would you just prefer a smaller home? Would you like to stay within your community, or are you thinking about an out-of-state move? Florida has long been known for its retirement communities, but places like Arizona and New Mexico are quickly becoming retirement hot spots due to their affordability and warm climate.
A few things to consider.
- Availability and access to medical care
- Would you like to have access to a swimming pool for exercise?
- Are you open to the idea of living in an area with group activities?
Once you’ve settled on a potential destination, it’s time to establish how much your home is worth. A qualified real estate agent can help you through this process.
For more moving tips for seniors, please click here.
Smoke detectors save lives. Many people may be lulled into a false sense of security thinking they have smoke detectors in their home. Smoke detectors that are not installed or maintained properly are not safe. Here are a few tips on what you need to know about buying, installing, and maintaining smoke detectors in your Massachusetts home:
What should I buy?
The National Burn Institute recommends only buying smoke alarms tested by Underwriters Laboratories (UL). You will also want to make sure the smoke detector has a battery backup. Smoke detectors that don’t work in a power outage are no good. Consider buying a combination smoke detector and carbon monoxide detector, they may be more expensive, but well worth the money.
There are two main types of smoke alarms, which are categorized by the type of smoke detection sensor used in the alarm. They are ionization and photoelectric.
Ionization smoke detectors
Ionization detectors respond quickly to flaming fires with smaller combustion particles. They contain a chamber with two plates that generate a small, continuous electric current. When smoke enters the ionization chamber, the smoke particles disrupt the current flow, which triggers the alarm.
Photoelectric smoke detectors
Photoelectric detectors respond more quickly to smoldering fires. They use a light beam and light receptor. When smoke is present between the light and receptor, the photocell sensor triggers the alarm.
Combination smoke detectors
The best smoke alarms can sense both types of fires (flaming and smoldering). For the highest degree of safety and preparedness, there are combination smoke alarms also that combine ionization and photoelectric detectors into one unit, called dual sensor smoke alarms.
Check with your local fire department to see what kind of detector they recommend.
Installation and Maintenance
Smoke detectors should be installed on each floor, outside of every bedroom and sleeping area and near any air vents. Detectors should also be installed high on walls or on ceilings because smoke rises. Avoid installing detectors near windows, doors or where there are openings where smoke can escape.
Check with your local fire department for specific regulations on the placement of detectors.
Smoke detectors have a lifespan of about seven to 10 years, and it’s important to replace old detectors according to the model’s recommendations. Test your alarm’s batteries monthly and remember to replace all batteries at least once a year. Clean and vacuum the grill of your detector to get rid of dust and debris. Other maintenance includes a monthly testing of the alarm and cleaning with a vacuum hose about once every month.
Who wouldn’t like to pay off the mortgage early? Getting rid of mortgage debt will allow you the security and the psychological benefit of owning your home free and clear. There are lots of ways to accomplish these goals. Here are some suggestions on ways to get rid of your mortgage debt. Compare the options and do what works best for you.
1. Add more money to your monthly payment. This will help pay down the principal balance shortening the length of your loan. When you pay more on your principal is gets lower, and the lower your principal gets, the more every payment from then on is applied to principal, as less goes to cover interest expense.
2. Refinance. Refinance your mortgage to 10, 15 or 20 years. Your payments will be higher on a 15-year loan, but often the rate is lower and the loan is paid off much quicker. If you are afraid to take out a 15- year loan take out a 30-year loan, but make payments as if you had a 15-year loan.
3. Make biweekly payments. Most banks have a biweekly payment plan. Since there are 52 weeks in the year if you pay half your regular mortgage payment every other week, you’ll have made 26 half-payments, or 13 payments.
There are options when it comes to owning your home free and clear. Just decide which one works for you and be on your way to being mortgage free.
This is a Colonial style home and features 9 total rooms, 2 full baths, 1 half bath, 4 bedrooms, 0.91 acres, and was sold by
Guy Contaldi – ZipRealty, Inc
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