Moving into senior living arrangements can be a big, scary step for many people. Whether it is you or a loved one making the change, there is a lot to take into consideration. We’re here to highlight some things you might want to think about so you can make the most informed decision possible when the time comes. Two of the main elements to consider are: finding an assisted living home, and selling the home being moved out of.
Find an assisted living home:
An important step in transitioning to senior living is finding the right assisted living home for you or your loved one. It is important to make sure it’s a place that meets all you or your loved one’s needs. there are many factors to take into account, but it’s worth taking the time to consider them all before making a decision.
Think about what you or your loved one will need help with now, and in the future.Before you begin looking, it is worthwhile to identify what you are even looking for. That way you can make sure the facility you are considering is a viable option. Will you need to have assistance with bathing, taking medication, eating, cooking etc…? Looking ahead, are there any potential changes to those needs that could be foreseen, possibly due to a progressive illness? Answering these questions will give you a great foundation.
Think about location.What do you want the facility to be near? Considering proximity to things like grocery stores, family members, doctors, and churches can be very important and impact the final decision.
Look at current rates and pricing trends.Understanding how much it will cost to make the move is crucial. A good way to understand where the market is at is looking at the relationship between rent and vacancy.
Visit multiple times at different hours. This will be you or your loved one’s home, so getting a true feel for the facility is necessary. After a standard tour, explore the place on your own. And come back at a later date at a different time to walk around on your own as well. Talk to residents and see how they like the home. Who better to hear about the quality of senior living that the seniors living there?
Selling the home being moved out of:
This can seem like a daunting task, especially when you are considering everything above as well, but it doesn’t have to be. In fact, it can be perceived as a benefit if the situation is utilized correctly.
If you are struggling to find a senior living situation that fits both your needs and your financial situation, selling you or your loved one’s home that is being moved out of can help alleviate that stress. And selling to an investor allows you to sell the home as-is and get a cash offer that has no attached fees. For more information on selling your home, visit our Transitioning To Senior Living page.