4 Steps to Moving Closer to Your Senior Loved One

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Real Estate

 

As your loved ones grow older, you might find yourself becoming more and more concerned about their health and wellbeing. Lots of seniors need extra help around the house, and some require the kind of support provided by a nursing home or memory care facility. Perhaps you have a senior loved one who is struggling to handle basic domestic tasks, and you’re considering moving to their area to give them a hand.

 

Moving in order to live closer to a senior loved one can be a stressful undertaking, but a skilled realtor like Denise Moynihan can help you sell your own home quickly! Furthermore, here are some tips to guide you through the process.

 

Identify the Warning Signs

 

First, it’s important to keep an eye on your senior loved one’s health so that you can accurately determine when they need more assistance. But what kinds of warning signs should you be looking out for? Parent Giving states that if your loved one is having trouble managing their personal finances, taking care of basic errands like grocery shopping, or simply practicing good personal hygiene, they definitely need more support from someone who can take on a caregiver role.

 

Explore Your Loved One’s Options

 

Maybe your loved one will just need you to stop by on a regular basis to help them tidy up and keep up with household errands, or perhaps they need a higher level of support that you can’t necessarily provide on your own. If so, it’s time to assess their living options. For instance, your loved one might benefit from living in an independent living community, assisted living facility, memory care community, or a skilled nursing facility. The right choice will depend on your loved one’s specific needs and their budget.

 

Find a New Home

 

Once you’ve figured out where your loved one will be healthiest and happiest, you can start making big decisions about your own living situation. If you’re getting ready to put your current home on the market, you’ll want to find a great real estate agent first. Bob Vila recommends looking for an agent with an extensive understanding of the local market. You can also think about what features you’ll need in your new home.

 

As you outline your preferences for your new home, it’s important to keep your budget in mind. When you apply for a mortgage, lenders will evaluate your debt-to-income ratio and use this figure to decide how much you could comfortably put towards monthly payments. In order to estimate how much you’ll be approved for, you can calculate your current monthly debt payments and divide this number by your gross monthly income.

 

Moving In

 

Will your senior loved one be spending time with you in your new home? If so, it’s important to start planning for senior-friendly home modifications after you have an offer accepted and move in. For instance, you might want to have grab bars installed in your bathroom or have your carpets replaced with hardwood floors.

 

While you may be able to carry out some of these projects on your own, you’ll probably have to hire a contractor for certain renovations and installations. Look for a contractor who has experience with similar projects.

 

Lots of seniors need more support at home as the years go on. If you’re worried about a parent, grandparent, or even a senior friend, relocating for their sake can bring you peace of mind. With these tips, you’ll be able to connect with a buyer for your current home, purchase a new property, and make sure that your loved one is comfortable in their own accommodations.

 

Want to sell your home so that you can live near your loved one? Realtor Denise Moynihan can help you find a buyer! Call today at 781-872-1200 to get started.

 

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