Things to Consider Before Moving Closer to Your Older Loved Ones

Are you concerned about your aging loved one? As your loved ones get older, it can be difficult to know when the time is right to move closer to their home in Minnetrista, MN. It’s not always easy to tell if they're ready or if you can wait longer.

Assess Your Loved One's Needs

Before you start thinking about a move, assess your loved one’s condition. That way, you can determine if their medical needs are urgent or if they can still remain in their current location for a period of time before the situation worsens.

One of the most important factors to consider when deciding if it's time to move closer to a loved one is their physical health. If your loved one is noticeably declining physically or is no longer able to safely live on their own, a move is necessary sooner rather than later.

Also, look at the safety of your loved one's current location. Can they get around the home safely? Take note of their hygiene and nutrition. If they're neglecting either of these important aspects of their life, it may be time to review their current living situation and potentially move.

Moving Closer to Your Senior Loved One

If you've assessed your loved one's needs and determined that a move is necessary, it's time to start planning.

1. Look for a New Home

When checking out a new location, look for a place that's safe and comfortable. If your loved one's current home isn't safe and poses a danger to their health and well-being, you may want to consider placing them in an assisted living facility or have them move into the new home with you. 

If they're moving in with you, discuss what features they prefer in a new home. Ask them about their ideal living situation and what they want to see in a new place, such as more living space or a garden. Depending on their physical abilities, they may need a one-story house. If they have trouble with steps, a home without stairs is best. Involving them in the process can make them feel more comfortable and smooth the transition for everyone.

2. Research Mortgage Options

When looking for a new home, you may find quite a few mortgage options to consider. Research and familiarize yourself with available mortgage rates in Minnetrista, MN.

• Conventional mortgage — A conventional mortgage is a home loan that isn't secured by a government agency. 
• FHA mortgage — An FHA mortgage is a home loan that's insured by the Federal Housing Administration.
• VA loan — A VA mortgage is a home loan that's insured by the Department of Veteran Affairs.

Many factors come into play when you're buying a house and securing a loan. For example, FICO score and down payment size depend on your creditworthiness, as well as what type of mortgage you're seeking. Most importantly, take the time to research rates and terms to find the best possible deal for you.

Find Someone Who Can Help You

It may be helpful to have someone look at your loved one’s home and give you honest feedback on the condition of the house. If you're interested in finding out more, contact the expert staff at Minnesota My Home for assistance in finding the right home and mortgage.

-Lydia Chan, Guest Blogger