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Downsizing a home-part 2

Zack childress, a real estate mentor and author, gives more tips on downsizing a home. people must readpart 1 before they read this.Before the seller sells his home, he must analyze the market and understand what he can make out of the sale. He must hire a seasoned real estate agent and also discuss with family and friends who have similar experiences. Reviewing market trends are important. This way he can plan the budget for his new home. He can analyze whether moving out is beneficial to him.

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Downsizing a home-part 2

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  1. 8 7 6 5 4 3 2 1 ZACK CHILDRESS DOWNSIZING A HOME PART 2

  2. Zack Childress, a real estate mentor and author, gives more tips on downsizing a home. People must read part 1 before they read this.

  3. 3 8 7 6 5 4 2 1 DOWNSIZING A HOME Analyze the real estate market Yearly taxes and insurance Assess the storage space Make a wish list Discard broken and unwanted items quickly Organize Conclusion

  4. 8 7 6 5 4 3 2 1 Analyze the real estate market • Analyze the market and understand what he can make out of the sale. • He must hire a seasoned real estate agent and also discuss with family and friends who have similar experiences. • Reviewing market trends are important. This way he can plan the budget for his new home. • He can analyze whether moving out is beneficial to him.

  5. 8 7 6 5 4 3 2 1 Yearly taxes and insurance • A person must keep room for yearly taxes and property insurance payments. • He plans the budget for his new home. • These can form a big lump of his modest financial estimate. • He chooses a different neighborhood, a smaller home or a smaller plot?

  6. 8 7 6 5 4 3 2 1 Assess the storage space A person must assess the storage space in his new home: • How many closets are there in the rooms? • How many kitchen cabinets are there? • How many shelves are there in the cupboards and cabinets? • Are the shelves wide enough to accommodate things which are big breadth wise and long enough to hold tall things? • For example to hold a tall glass jar, you might probably need a wide shelf (not advisable to keep it lying down).

  7. 8 7 6 5 4 3 2 1 Make a wish list • It’s not possible to take everything when a person moves out. • Feel less emotionally upset about the things that he is leaving. • He should make a list of the most loved things.

  8. 8 7 6 5 4 3 2 1 Discard broken and unwanted items quickly Here are some of the ways in which it can be done • Completely clean up cabinets and ransack the hidden areas. • Storage areas like the basement and attic completely and remove unwanted furniture, boxes, broken things, paper tumblers. • He should put up the list of things he wants to sell on the pin board. • Help of the real estate agent or put up ads in the local newspaper to sell. • Call up friends and relatives to give them the in-the good condition yet unwanted things.

  9. 8 7 6 5 4 3 2 1 Organize • Packing must be well planned. • A seller must pack in such a way as to make sure one room are seen conspicuously. • For example, if he writes K over a box, then the things in that box must belong to the kitchen. • Numerical and color codes can also be used for efficient movement into a new home.

  10. 8 7 6 5 4 3 2 1 Conclusion These are some of the tips given by Zack Childress to downsizers. Prospective downsizers should read this and they will surely benefit.

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