Are you retired and considering downsizing? There are many advantages in owning a smaller property in your senior years. A smaller home will take less effort to clean and maintain and will cost you much less in maintenance, taxes/insurance, and utilities. Selling your home is a very big decision and likely comes with a lot of emotion. It is important that you understand all the expenses you are facing and what options you have available to you. Should you find yourself at this stage of life, read on to learn these 5 things seniors should consider when downsizing your home in Kansas City .
Convenience
How important is convenience to you? Especially during your golden years, when you are ready to begin downsizing your home in Kansas City , the thought of a “for sale by owner” listing may seem daunting in this age of the internet and pandemic. Additionally, listing with an agent and paying 6% in commissions can also be less than optimal for you. In either event, the thought of strangers touring your home and personal possessions is disquieting at best, especially during a pandemic. It may also be difficult to keep everything picture perfect at all times for showings.
Clean Out Efforts
Cleaning out a house can be both physically and emotionally difficult when you are downsizing your home in Kansas City , especially if you have lived there for a long time. Part of the very reason you may be selling is the fact that your home is already too much for you to maintain, add in clearing and packing and you may find yourself exhausted. You may assume that your family will be happy to help you clear out and pack, but in reality, this is often a significant inconvenience for them.
If you are not able to do the work yourself or don’t have family willing to help, it is likely you will need to hire someone to help you, which can be costly, depending on how large your home is and how many possessions you own. This can bring on some emotional distress as well. Every corner of your home is filled with happy memories that you are leaving behind.
Expensive Repairs
Inspections and appraisals are an integral part of the traditional home selling process, leading many to spend thousands of dollars when they are ready to begin downsizing their homes in Kansas City . In order to pass inspections, it is entirely possible that you could end up facing overwhelming repair bills for an issue you were not even aware of previously.
Real estate professionals know that many buyers lack the imagination required to realize the potential you may feel your property possesses, with no ability to see past anything that is in a state of disrepair, simply worn or even outdated. The upgrades required to modernize and refresh a home can be anything from replacing aging cabinetry to installing new flooring in part or all of the property. You may need to replace woodwork or paint the interior and exterior of the home. All of these costs can add up very quickly and must be met prior to ever realizing a profit on the home. For that matter, it must be complete before ever listing the home for sale. As time passes, your bills only continue to rise as more and more of your potential profits slip away.
Another Option
Consider a direct sale to Mastiff Home Buyers , which can be a much better option for you! We take the time to listen to your situation and understand your goals for downsizing your home now and the future. At Mastiff Home Buyers we are provide you with information so you can make an informed decision. We will provide you with options and give your our honest opinion of what might be the best for you, even if that is listing with an agent instead of selling to us. Should you choose to work with Mastiff Home Buyers you can just pack what you want to keep and move onto your new home, without any more showings to worry about. You can also save all the time and costs involved in a deep clean of your larger home when you sell directly. In many cases you can just leave behind any items you would rather not take along to your new residence. You can leave the monthly payments behind too. Working with Mastiff Home Buyers means eliminating most of the normal fees associated with traditional closings.
The price Mastiff Home Buyers offers is the price you get. You will also forego the fees normally associated with the required reports from appraisals and inspections in most cases. Especially on newer or more recently renovated properties. Send us a message or call Mastiff Home Buyers today at 816-535-0076 to learn just how quickly we can help you start saving money!