Rick Giese of RE/MAX Advisors Offers Information to Seniors Who May Be Considering Downsizing

CHESTERFIELD TWP, Mich. - July 5, 2013 - PRLog -- With the retirement party behind you, perhaps you are now ready to head to a warmer climate in search of palm trees and sunshine or maybe you are excited about playing more golf, eating lunch out with friends more frequently or spending more time with the family. No matter the reason, you are beginning to question whether or not it is time to downsize. How do you know? The answers are as varied as the people considering the question, but there are options for staying put if that is what you choose.

Start out by asking yourself a question. Are you comfortably able to afford your existing residence or are you knee deep in debt? If you are struggling to pay the monthly bills, or would simply like more disposable cash at your fingertips, downsizing may be an option. It is not; however, the only option.

Another vehicle to consider would be the reverse mortgage. A reverse mortgage is the mirror image of a regular mortgage. It enables older homeowners 62 or older to convert part of the equity in their homes into tax-free cash without having to sell the home, give up the title, or take on a new monthly mortgage payment. The borrower retains the title of the home and the reverse mortgage comes due at the time of the death of the borrower, when he or she permanently moves out or when the house is sold. If you love your home and have no desire to consider something smaller, this may be a good choice.

On the other hand, if too much upkeep and maintenance is getting difficult and taking up your free time, you may want to meet with a trained and certified Seniors Real Estate Specialist, who specializes in helping seniors with decision of downsizing. Rick Giese of RE/MAX Advisors has over 27 years of experience in helping the senior community with these tough decisions on what it takes to downsize effectively. Rick can speak with you about the myriad of options and can walk you through various scenarios that fit your needs.

Rick Giese will be able to discuss what is currently on the market in the areas that you may be thinking about. Rick will also ask you a few questions, to help you determine what style housing may best suit your needs. A smaller home? A condo? An active adult community? Learning a bit about each of these will give you a clearer picture of what's best for your personal taste and situation.

If you do choose to downsize, Rick Giese will be with you every step of the way, and will help you understand the best way to go about the process of culling your belongings and moving on to the next phase of your life.

Downsizing can be a chance to for you to live the senior life that you have dreamed about for years, with the amenities you have always dreamed of, for less money.

Any Questions? Please feel free to call 1-800-274-5656 or email me at rick@rickgiese.com

Rick is a Real Estate Associate Broker at RE/MAX Advisors. , and Southern St Clair Counties Short Sales Realtor:
Phone: 1-800-274-5656. rick@rickgiese.com.
Rick Giese specializes in Senior Real Estate, Probate Loan modification assistance and short sales in the Macomb, Oakland, and Southern St Clair County Areas of  Michigan. Loan Modification Help, Short Sale Help. Oakland Short Sale Help Macomb and our services are offering sellers another option besides pre-foreclosure foreclosure or bankruptcy that can affect their credit for years. We are currently offering our services in the Richmond, Shelby Township, Macomb Township, Chesterfield Township, New Baltimore, Clinton Township, Sterling Heights, Mount Clemens (Mt Clemens) Fraser, Harrison Township, Warren, Roseville, St Clair Shores areas of Macomb County Michigan Madison Heights, Troy, Clawson, Royal Oak, Rochester, Rochester Hills, Berkley, Birmingham areas of Oakland County