REAL ESTATE SECTION
• 62 years and older • Rent starting at $670/heat & hot water included • Centrally located in the heart of the village, walking distance to banks, shops and restaurants, minutes from 390 expressway. • Storage • Ask about income requirements • Coin laundry on each floor • Elevators to all levels For more information call 226-9221
HOW TO DETERMINE IF IT’S TIME TO DOWNSIZE
Fo Ren IN LIVONIA
Market: The real estate market is another factor to consider when deciding if the time is right to downsize. A seller’s market can help seniors get the biggest return on their real estate investment, potentially helping them make up for meager retirement savings. For example, home prices skyrocketed across the country during the COVID-19 pandemic, making that a great time for sellers to put their homes on the market. Seniors selling to downsize may capitalize on such spikes since they won’t be looking to turn around and buy larger, equally expensive homes once they sell their current place. If the market is down and seniors can withstand the work and cost a little longer, it may be best to wait until things bounce back in sellers’ favor.
Spacious 1 & 2 bedroom includes hot water + 24 hour emergency service, storage & laundry in each bldg. Cat friendly. Cable TV ready, A/C & gas heat. Walk to stores, library, etc.
Lake Glen Apartments 585-360-7742 • fiducciarealty@gmail.com www.facebook.com/LakeGlenApartments REAL ESTATE
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LIVINGSTON EDITION
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FRIDAY, FEBRUARY 4, 2022
