Guiding families through downsizing are some of the core values for Bainbridge Realtor, Adam Foley who is teaming up with Mortgage Loan Specialist Kay Johnson and Downsizing Expert Meredyth Yund to host Smart Moves Seminar.
The event, on Oct. 13 from 12:30 to 2:30 p.m. at Bainbridge Island Library, is designed for those nearing retirement or looking to simplify their living arrangements.
The seminar provides practical advice and professional collaboration, equipping participants with tools to make informed decisions during this major life transition.
Understanding the complexities of downsizing
Downsizing can bring mixed emotions. According to Foley, the process can feel overwhelming due to the many factors involved. His seminar addresses both logistical and emotional challenges of moving to a smaller home, with a goal of simplifying the decision-making process.
A key difficulty in downsizing is the emotional attachment to one’s home and belongings. Downsizing expert Meredith Yund emphasizes that it’s not just about moving but also navigating the emotional journey of letting go. The seminar offers strategies to deal with both the physical and emotional aspects, making the transition smoother.
Consulting the professionals
A unique feature of Foley’s seminar is its focus on consulting professionals, including real estate agents and loan officers, to provide a well-rounded perspective. Kay Johnson, a mortgage loan officer at Bainbridge Lending Group, explains that realtors offer accurate home valuations, while loan officers present alternative financing solutions.
This collaboration ensures attendees receive comprehensive advice on home valuations and financial options, including specialized mortgage programs for seniors, like bank statement and assets-as-income loans. These programs offer financial flexibility for downsizers, easing concerns about qualifying for new mortgages.
Creating a roadmap for the future
A key goal of the seminar is to help families plan for the future. Whether downsizing to a smaller home or moving to assisted living, planning ahead prevents complications. Yund emphasizes that forward-thinking is a gift, easing the burden on loved ones during major life transitions.
The seminar also explores the long-term impact on family members. Participants are encouraged to consider how their decisions affect estate planning and asset management, making transitions smoother for everyone involved.
By focusing on collaboration, financial strategies and long-term planning, the Smart Moves Seminar offers families clarity, confidence and a structured approach to downsizing.
Ready to downsize or simplify your living arrangements? Join the Smart Moves Seminar on Oct. 13, 12:30 to 2:30 p.m. at Bainbridge Island Library.
