

NFIS
Navarro's Financial and Insurance Solutions
We build your Security for life! Construimos su seguridad para la vida!


Housing
Housing
The first thing we start thinking about as we start thinking of retirement, is about selling our house and then moving far away... Far from the people that we love, people and family we socialize with and receive support when we need it. Why? Just to get away, we say to ourselves that we are tired of living in one place, too expensive, want to explore... All good reasons, but leaving when you are in your 20,30, to explore is all right, leaving after 40 years, you have to consider your support system. Forming new friends is always a positive adventure it does not make good sense when leaving family and friends and out of reach. Support takes time and trust. Moving may not be in your best interest. Most people should always consider exploring the sites first, and then decide if it is a fit to move and for good reasons. It seems the further one moves, the challenges can become more in the long run, especially if they have never been there and we cannot see them nor help them...
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Today, no payment options in housing exist, it just has to make sense.
1. Reverse mortgage: Imagine no payments for life...Go travel with the extra money!!
2. Investor equity trade deals = They keep the property but trade it for staying in your own home and paying it in advance equity position. This allows you to travel, even live somewhere else and have two homes, maybe three? You have options...
3.Rent your home for Money $ per month, and buy your new location for less...I just might work...
4. Selling a home is the last thing to do because the cost of finding something you can afford is less likely.
5. Work with a transitional agent so you can make a better decision for yourself.
Keep your mind open to a new chapter and discuss options if you are in need.