What to do with your parent’s home after moving them to long-term care?
When your parent moves to long-term care, what should you do with their home? There are two options: Keep it or sell it.
Selling your home during the slow season can be a daunting task. One of the biggest challenges of selling a home in the winter is that there are generally fewer buyers in the market. This is because many people are busy around the holidays and may not be looking to make a big purchase, like buying a home. Another challenge is that homes tend to appear less attractive during the winter months. The colder weather makes it less appealing for people to go out and look at homes and the lack of greenery and flowers can make the exterior of a home look uninviting, not to mention, the inconvenience of keeping up with shoveling and salting sidewalks and driveways daily for showings when snow hits.
Making the decision to move your parent to senior care is the first difficult step. If they own a home, decisions will now need to be made about what to do with it.
With all this in mind, one of the best ways to sell your home quickly and efficiently during this time is by selling it “as-is”. The term “as-is” means that you are selling your home in its current condition, without making any repairs or improvements. This sounds counterintuitive, but here are the top 5 reasons why selling your home as-is can be beneficial.
1. Selling your home as-is saves you time and money. You can avoid the repair costs of materials and labor along with weeks or months of renovations and sell your home faster. It also spares you holding costs if you’ve already purchased or relocated.
2. Some buyers are looking for a fixer-upper and would be excited about the opportunity to put their own personal touch on a home. Selling your home as-is can attract these types of buyers.
3. Investors may be more likely to purchase an as-is home, as a property they can renovate and resell. Really has one of the largest home investor networks in the nation.
4. Selling your home as-is through a company like Really can mean paying zero sales commissions, which means more money in your pocket.
5. When you sell your home as-is through Really, there’s no cleaning, shoveling your driveways or boarding your pets for showings. And, when you do sell, cleanout is easier as you just pack what you want and leave the rest behind.
Selling your home during the slow season can be a challenge, but by selling your home as-is through a company like Really can remove those hurdles. If you’re considering putting your home on the market, consider an “as-is” offer as it may be a great option for you.
When your parent moves to long-term care, what should you do with their home? There are two options: Keep it or sell it.
When is the best time to move mom or dad to assisted living or long-term care to keep them safe and healthy?
Sell your home quickly for cash to fund your empty nester dreams.