Downsizing usually means selling the home you’ve been in for years and buying a smaller one, often at the same time. Across Ocean and Monmouth County, the right size can mean single-level living, a smaller lot, a condo or townhouse, or a home in a 55+ community.
Dennis Mark Interdonato is a Realtor® with Keller Williams Realty Ocean Living, working out of Brick and Point Pleasant, and he plans the sale and the purchase as one move. Sell first, buy first, or line the two up: you decide with him, your lender and any advisors you work with. Both closings are planned together, along with the what-ifs, so you know where you’re sleeping on moving day.
For the home you’re leaving, you get two game plans, sell as-is or make a few strategic updates first, with what each one should bring. On one Beachwood sale, where the sellers were also buying, they chose the updates. He picked every product and color, they did the work, and he supervised. The updates cost under $15,000. The list price came in $30,000 higher than the as-is plan, and an offer came in $45,000 over list on day one.
For the next home, tell him what it needs and what it doesn’t: one floor, a smaller yard, a garage, a shorter drive to the water. As a former New Jersey home builder and residential remodeler, he reads the roof and the mechanicals, so the upkeep you’re leaving behind doesn’t follow you.
In his words: “By the time we’re done, you’re not going to have any questions left.” See Downsizing.