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PRECIOUS REALTY LINKS Does Your Loved One Need Live-In Help? Downsizing: Sell Your Home and Save Money How to Nativate Senior Care When Your Parents Have Different Needs The Home Buyer's Choice: Starter Home or Forever Home? How to Own Multiple Homes in Different States When you Have Pets A Homeowner's Guide to Managing a Home Renovation |
Should you Move Closer to a Senior Loved One? by Megan Cooper If you have an older loved one who lives away from you, you might have been concerned recently about their health and overall quality of life. It can be stressful to know they're out there and may be encountering some health issues as they age, but don't worry. The professionals at Precious Realty explain that there are plenty of options available to help both you and them. Home Care and When It's Needed SeniorLiving.org notes that home care is a person-forward, noninvasive, intimate form of senior care where home care providers come to your loved one's home to help them with the activities of daily living. These include bathing, grooming, and medication management. As uncomfortable as confronting them can be, there are signs in senior loved ones' behavior that can indicate they need home care. If they've been struggling with remembering to take medicine or eat, or have suffered from recent diseases and surgeries like heart disease or diabetes, then they might need you close by. Finding gentle, loving home care services for your loved ones can help take some of the burden off your own shoulders. They can handle your loved one's errands, assist with daily hygiene requirements, and even get your loved ones into some recreational activities. Before getting home care in order though, you'll need to sort out the complexities of moving closer to your loved one or even moving them into a new home.
Moving Closer You might have two homes to worry about, so it&aspo;s paramount to be prepared. CNBC reports that you'll need to figure out if it's better to buy or rent. Your answer to that question is likely contingent upon another: will you sell or rent your current home? Selling implies a firm relocation process as you are removing a residential safety net. But selling may be your best option if you plan to purchase a new home near your loved one. On the other hand, renting can provide you with additional monthly funds, which can be helpful if you plan to quit your job to care for your loved one. There are pros and cons to each decision, and you must decide what works best for you. If you decide to sell, contact Precious Realty to get your home on the market quickly. When you're close to purchasing, figure out how much money your lender might give you. Lenders take your debt-to-income ratio into account when determining your mortgage, which is a value that represents your pre-tax income compared to your monthly debts. This is an important value, up there with your credit score and income. There's a number of tools available to help you calculate this and know where you stand in terms of purchasing power. Choosing Appropriate Accomodations Once you decide whether you will rent or buy in your new area, you need to figure out what home in your new area will be best for you and if your aging loved one will live with you. Whether they will move in with you or stay in their current home, you need to determine if your loved one's home is suitable for them. They might be better off somewhere that's only one story with accessible bathtubs or showers that is also close to shopping areas. Start by looking for homes in your new area. For example, if you're moving to the Fort Pierce, Florida area, consult listings of homes for sale. Consider their location, any beneficial features, and where they might be in relation to your preferred home care providers. Moving is stressful, so whether you are moving yourself or relocating yourself and your loved one, don't neglect the importance of finding a quality moving service. Do a search online for nearby movers and make sure they're qualified to move large, fragile pieces of furniture. Since cost saving is a priority, give extra attention to movers offering free quotes and discounts. Then, start decluttering and cleaning any home you will be vacating. Cleaner Digs explains that you should start small by using storage bins, donating unused items, and cleaning with natural products will help make the overall process go more smoothly. Mangaing Your Career Caring for a loved one can be a full time job. At this juncture, you may have to decide whether you will quit your job, work remotely, or move your business to this new location. If you are a business owner, this may be an opportunity to relocate your company or at least your home office. If you are moving employees in a brick and mortar office or retail establishment, give them sufficient time to decide whether they will relocate with you. Provide support and guidance during this process, and help them through the moving process if they decide to relocate, too. And don't forget to give your customers advanced notice, too. Or perhaps you can take this transition as an opportunity to pursue a degree that will help you be financially stable from any location. Take a look at accredited online programs in information technology, or explore certifications that could help boost your credibility with clients. IT is a lucrative field, especially with the increasing trend towards remote work. The decisions you are making in order to care for your loved one will likely affect your financial situation in a variety of ways. You may benefit from working with financial experts to help guide you through these changes. A good financial planner can help you with financial services and wealth management, and will give you suggestions regarding how to manage important financial decisions during this process. Stay Connected to Support Your Aging Loved Ones When the signs are obvious that your senior loved one needs help, don't delay. Between moving closer and giving them access to home health care, they'll be able to enjoy their time in comfort and safety. You will have some important decisions to make from moving to going back to school, but remember to stay calm and think clearly about your choices. You are making this move out of love. The other pieces will fall into place as things progress. Contact us BUT FOR FASTER RESULTS CALL US AT 516-216-7462.CONTACT US AT:
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