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The Upside to Downsizing Your Home

Wednesday, April 20, 2022   /   by Tara Turner

The Upside to Downsizing Your Home

Downsizing your home means selling your current home to purchase a smaller and likely less expensive home. Whatever the underlying reasons may be for downsizing, there are many positive benefits. 

Financially, downsizing can reduce your monthly payments or even eliminate your mortgage. Ongoing maintenance expenses and utility costs for heating, cooling, and electricity can also be reduced by hundreds or even thousands of dollars per year. 

Having a smaller home to maintain can lower your stress level and it can also afford you the means to enjoy life to the fullest, giving you extra time to relax, travel, or improve and expand relationships with family and friends. 

Many factors come into play when deciding exactly home much home you need,. and sometimes smaller is better.

If you have any questions relating to buying or selling a home, please give us a call at 909-255-1070.

Mitchell Stein License# 02081632

Stein Team Realty - Keller Williams College Park
Mitchell Stein Dre# 02081632
2440 W Arrow Route #5C
Upland, CA 91786
DRE# 01885348

Based on information from California Regional Multiple Listing Service, Inc. as of May 22, 2022. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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