Your Guide To Downsizing

July, 2018

Downsizing your property doesn’t mean downsizing your lifestyle. It can bring huge benefits including a low maintenance but high-standard of resort-style living; financial freedom, security and flexibility.

If you’re thinking about downsizing, the following steps will help you get started.

  • Identify the reasons why you want to make a change, be clear about your current financial situation and your future goals.
  • Make an action plan! Decide if you will buy a new property first; sell your current property first; or buy off-the-plan before you sell your present home.
  • Organise bridging finance and begin to declutter and streamline your current home.
  • Make a priority list and find the property that best suits your budget and criteria.
  • Ensure insurances and estate planning are in order.
  • Reap the benefits of your careful planning and settle in.
  • Plan for the future and get advice on growing and managing your super and income, managing your investments, accessing government benefits, timing your retirement, planning your estate.

Arrange a cost and obligation-free appointment to discuss your next steps with the team at Astute Position. Contact 07 3325 7800, 0417 739 756 or downsizing@positionproperty.com.au 

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