Buying, selling and moving for senior citizens

Though selling a home and buying and moving into a new property can be physically and emotionally taxing for senior citizens, there are some services that ease the process, according to Savvy Senior.

There are Senior Real Estate Specialists who focus on aiding senior citizens interested in selling their homes, downsizing to apartments or purchasing new homes, the source says. The realtors have special training which caters to dealing with issues specific to older clients.

"SRES designees are educated and knowledgeable in such areas as reverse mortgages, senior housing options, downsizing, universal design, as well as ways to use pensions, 401(k) accounts and IRAs in real estate transactions. They also can help you steer clear of loan scams that victimize older borrowers," the source says.

These real estate agents could also potentially put senior citizens in touch with other professionals in related industries who have knowledge specialized for older individuals, according to the source.

There are also moving services specialized for senior citizens, which can organize moves and contact moving companies. In general, a full-service moving company can be important for helping with the moving needs of a senior citizen, especially those with physical limitations. It is important to have a set moving budget that incorporates all possible expenses. 

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