Evans, GA -- (SBWIRE) -- 03/26/2015 -- Real estate is one of the biggest assets for a retiree, which is why many decide to downsize, relocate, or renovate after they retire. While this can be an excellent source of extra income, real estate mistakes can often occur. "Don't let your real estate decisions be clouded by euphoria," says Prudential Beazley Real Estate, who explains the common retiree real estate mistakes and how to avoid them in their latest blog.

The first mistake is waiting too long to downsize. "The longer you wait to downsize, the more savings you're missing out on," says Prudential Beazley Real Estate. The extra money spent on high property taxes and energy bills could be put towards investments.

Not investing, or spending the proceeds from a home sale too quickly is the second mistake retirees make. "Consider your individual circumstances. In some situations it's best to live on the home equity money first and leave retirement funds time to grow," says Prudential Beazley Real Estate.

The third mistake is not researching the location before relocating. Many retirees relocate to a sunny area only to find that their taxes have skyrocketed and there is no quality health care services for miles.

One place this won't happen is Aiken, SC, which was recently named a top retirement destination by Where to Retire magazine. "The city of Aiken is great for retirees because it offers quality healthcare facilities at Aiken hospital, a growing economy, and a low cost of living," says Prudential Beazley Real Estate. There is also plenty of activities to take part in.

Prudential Beazley Real Estate offers homes for sale at The Retreat at Storm Branch, just 12 miles from Aiken. This neighborhood is ideal for retirees because of its tranquil atmosphere and spacious, private lots surrounded by nature.

Retirees can feel relaxed and at home in a new home at The Retreat at Storm Branch. For the full list of real estate mistakes to avoid visit the full blog here: http://www.prubeazleyrealestate.com/blog/retiree-real-estate-blunders/

About Prudential Beazley Real Estate
Established in 1986, Prudential Beazley Real Estate is locally owned and operated. The agency continues to set the pace in the Augusta metro area for high customer satisfaction. The real estate agents at Prudential Beazley Real Estate stay on top of real estate trends, and have plenty of new home inventory in Augusta, GA and Aiken, SC. Whether you are buying or selling a home, Prudential Beazley Real Estate agents will make your experience not only simple, but enjoyable.

For more information interested parties can call 706-863-1775.

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