Buying a home at 65 Vs buying home at 20’s:

 Buying a home at 65 vs Buying home at 20’s

 

How exactly buying a house when you are 65 different than buying a house at your 20’s? What are the things that you should keep in mind before investing your life savings in a property? Here are the basic questions to ask yourself before becoming a homeowner at 65.

In your 20’s you are yet to figure out what kind of life is the best suited for you. Either married or unmarried people in their 20’s can  adjust anywhere and handle big and small issues that arises out of home owning be it single apartments or community based, but at the later stages of your life the same things turn into hassle where you have neither the physical nor the emotional stamina to conduct those on your own, it best to opt for a community living in these circumstances.  Owning a house comes with its set of responsibility, from basic, everyday, overall house maintenance to maintaining the fixtures to taking responsibility for all the damages and repairs to get done around the house that keeps propping up,when you are in your 20’s you can easily take care of all these things while multi managing your work, but when you are 65 and tired of all the responsibilities you just want someone to take care of the situations that arise out of nowhere. Wouldn’t you be more relaxed if you knew that you had someone who will take care of all your maintenance hassles for you, while you can choose to do something else. When you are in your 20’s more than often life becomes restless and with our fast paced lives ordering in and eating has become a norm than luxury, but as the time goes taking care of your health becomes the most crucial thing, but at this age sometimes you might not feel to cook for you and your family or indulge in some activities at that time, what if you chose a staying place where there is a facility of dining and where cooking can only be your choice. Security is an issue of concern at any age but even more so when you reach the vulnerable stage of 65. When you are in your 20’s you are mostly likely not to be a soft target or  as prone to being targeted as are people who are 65. So before investing in property or wile deciding to buy home think about giving the utmost importance in security. Be it your 20’s or your 65 no can predict when an emergency arrives. It is always better to choose a living community especially for the senior citizens that has access to ambulances which will come in handy at the time of medical emergencies.