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