Depending on your situation, you may choose not to invest your capital back into the housing market. Many people prefer renting, for any number of reasons, including convenience, the desire to travel extensively, the wish to leave real estate maintenance concerns to others, or simply because a smaller space may suit their current life much better than a much larger residence.
For some, a period of renting provides the opportunity to consider long-term plans, including retirement plans, that they may initially not want to commit to immediately following the sale of their primary residence.
There are additional rental options that cater specifically to seniors and that have varying degrees of assisted living options for long-term housing.
Whatever your reasons for renting, let us help you navigate these important decisions and help you find the right options for your particular needs and desires.