Are you or a family member moving into assisted living? This step can be extremely hard on families wondering what to do with a no longer used home.
Many times finances are tight during the move. You may need immediate cash flow to pay the accommodation bond – or the move-costs for assisted living – before moving to an assisted living or senior living community.
One way to offset the high costs of an assisted living or senior home is to sell the home of the individual moving out. This option works if you or your family member has no intention of returning to living on their own.
There are a variety of ways you can go about selling a home because you or a family member are moving into senior living, but selling to an investor may be your easiest route.
Selling through a realtor also means that you would need to make the house as move-in ready as possible for the buyers. Depending on your situation, you may not have time to let a property sit on the market waiting for a buyer or to make the necessary updates encouraged by a realtor.
If this is the situation you’re finding yourself in, selling the property to an investor is the route to go. What are the perks to selling to an investor?
Most investors provide a cash offer, giving you your much-needed cash in hand. Because investors don’t collect commissions or fees, you know that all gains will come directly to you.
The other huge pro to selling to an investor is that they purchase homes as-is. That means you won’t have to worry about spending time and money on repairs you won’t use. Selling to an investor before moving into an assisted living or senior home or may be the least stressful route for you.
If you’re trying to decide what to do with a home while preparing to move yourself or a loved one into assisted living or senior living, remember that Core Properties can buy your house for cash today.