After spending a few years on the same property, some may decide to go ahead and sell it. There’s a lot of reasons for this such as moving into a nursing home so you can be taken care of or just transferring to a much better house. If you’re finding it tough to decide on what you really want to do with your old home, we’re here to help you out. 

This guide is not only for our elders but this is also for any family member, friend, or senior-friendly real estate agents who want to help them out. There are three common reasons why seniors want to sell their home:

  • Health – a change in personal health matters necessitates them to sell the property or move to assisted living.
  • Keeping up – inability to keep up with repairs and maintenance on the property. A major factor would also be mortgage payments and taxes.
  • Freedom – they just want to look for an easier lifestyle. Senior citizens may want to move in with or move closer to family.

SellUsHomes really wants to help out our seniors to make the transition of selling their property for a new home or assisted living as easy as it could be. Here’s some thoughts to consider. 

  1. Work with your emotions, not against them

Selling your home can be an emotional grind. A lot of memories are attached to the home and letting go of it is like putting salt on an open wound. It gets even harder if the reason is not simply because you want to make a quick profit but something much deeper and painful. Take note of a few points to make the transition easier:

  • Declutter – in other words, pack up your personal belongings and valuables. Keep the family photos or your grandkids’ drawings posted by the fridge magnet. Keep your possessions with you when you move out. This makes the house less personal for you during the selling process.  By doing so, this adds up to the value of your house since it looks makes it look spacious. Your potential buyers can imagine the house with their own personal belongings.
  • Learn to embrace your feelings – your emotions can fluctuate from time to time, especially when buyers attend your open house. To weaken the blow, imagine providing a home for a family looking for one. The housing market isn’t always readily available to provide homes for those in need.
  • Don’t let it cloud your judgement – most of the time we have an idea of the people who we want to live in our property. This might make you biased toward accepting an offer from people who you think would make the most out of your property rather than those might have a much higher offer. Always be wary of this and ask help from a real estate professional for a neutral output.
  1. Get sound financial advice

Although doing a bit of research wouldn’t hurt, it would be best to always ask for help when it comes to what benefits you. There’s more to it in selling your home other than making a profit. If you happen to sell at a loss, this ends up not being able to deduct the loss from income taxes. Consider the transaction fees and taxes involved. It would be good to also have a good estimate over your future financial needs as closely as possible. 

  1. Consider a quitclaim deed

What is a quitclaim deed? This is useful especially when you have a hard time letting go of your home. This is the simplest way in order to transfer the property interest among trusted parties which can be your family members. Always remember that a quitclaim deed provides the least protection for the grantee i.e. the person who receives the property.

The grantee receives the title of the property “as is” and there may be known or unknown complications to the property once it’s sold. For instance, the grantee can hold the responsibility of the lien on the property. That’s why this is usually suggested to family members or to a living trust. Try to make it your way to at least clear any debt tied in to the property before considering a quitclaim deed.

  1. Let the pros do the heavy lifting and focus on yourself

This can be taken literally and figuratively. Professional movers take a lot of weight off your shoulders since the process would be much faster and you lessen the chances of damaging your valuables rather than making a DIY approach. What you only need to take with you are your essentials and let the pros handle the rest.

Enlisting the aid of SellUsHomes would be your best shot at a quick and seamless sale for your property. We realize the importance of taking care of our elderly and help them realize that selling the property shouldn’t be as daunting as it seems. Contact us at (734) 224-5947 or by email: info@sellushomes.com.

1,674 comments on “SELLING YOUR PROPERTY: A GUIDE FOR THE ELDERLY

  1. I simply could not depart your website prior to suggesting that I extremely loved the standard information a person supply in your guests? Is gonna be again ceaselessly in order to check out new posts

  2. uve [url=https://hempcbd11.com/#]side effects of hemp oil[/url] msn [url=https://hempcbd11.com/#]cbd oil benefits[/url]
    bui [url=https://hempcbd11.com/#]walgreens cbd oil[/url]

  3. wwb [url=https://cbdhemp31.com/#]pure cbd oil[/url] xuk [url=https://cbdhemp31.com/#]benefits of hemp oil for humans[/url]
    njz [url=https://cbdhemp31.com/#]pure cbd oil[/url]

  4. wgc [url=https://cbdhemp31.com/#]buy cbd online[/url] sle [url=https://cbdhemp31.com/#]buy cbd oil[/url]
    hoy [url=https://cbdhemp31.com/#]hemp oil benefits dr oz[/url]

  5. It’s the best time to make some plans for the future and it’s time to
    be happy. I have read this post and if I could I desire to suggest you few interesting things or
    advice. Maybe you can write next articles referring to this article.
    I want to read even more things about it!

  6. rch [url=https://cbdhemp31.com/#]best cbd oil for pain[/url] xfy [url=https://cbdhemp31.com/#]hemp oil arthritis[/url]
    teo [url=https://cbdhemp31.com/#]benefits of hemp oil for humans[/url]

  7. cvq [url=https://cbdhemp31.com/#]hemp oil vs cbd oil[/url] qtc [url=https://cbdhemp31.com/#]cbd oil[/url]
    wge [url=https://cbdhemp31.com/#]buy cbd[/url]

  8. In line with my observation, after a foreclosures home is available at an auction, it is common to the borrower to still have some sort ofthat remaining balance on the loan. There are many loan companies who make an effort to have all rates and liens cleared by the up coming buyer. Even so, depending on specific programs, regulations, and state guidelines there may be a number of loans which are not easily fixed through the shift of financial loans. Therefore, the responsibility still remains on the consumer that has received his or her property foreclosed on. Thank you sharing your opinions on this website.

  9. I don’t even know the way I finished up here, but I believed this
    submit was good. I do not recognize who you are but definitely you’re going to a famous
    blogger in case you aren’t already. Cheers!

  10. Howdy just wanted to give you a quick heads up.
    The text in your content seem to be running off the screen in Opera.
    I’m not sure if this is a formatting issue or something
    to do with browser compatibility but I thought I’d post to let you know.
    The layout look great though! Hope you get
    the issue solved soon. Thanks

  11. Heya i am for the first time here. I found this board and I to find It truly useful & it helped me out much.

    I hope to offer one thing back and aid others such as you helped me.

  12. wlv [url=https://hempcbd11.com/#]hemp oil store[/url] utc [url=https://hempcbd11.com/#]where to buy cbd oil[/url]
    nxg [url=https://hempcbd11.com/#]hemp oil arthritis[/url]

  13. gem [url=https://cbdhemp31.com/#]buy cbd online[/url] vdu [url=https://cbdhemp31.com/#]buy cbd online[/url]
    ezo [url=https://cbdhemp31.com/#]buy cbd new york[/url]

  14. Its like you read my thoughts! You seem to grasp a
    lot about this, such as you wrote the book in it or something.
    I feel that you can do with a few % to force the message home a bit, but other than that, this
    is wonderful blog. A fantastic read. I will definitely be back.

  15. rsc [url=https://cbdhemp31.com/#]cbd oil price[/url] rpt [url=https://cbdhemp31.com/#]cbd oil benefits[/url]
    lso [url=https://cbdhemp31.com/#]cbd oil vs hemp oil[/url]

  16. I’ll right away snatch your rss feed as I can not to find your email subscription hyperlink or newsletter service.
    Do you have any? Please allow me know so that I could subscribe.

    Thanks.

  17. owv [url=https://hempcbd11.com/#]cbd hemp oil walmart[/url] tal [url=https://hempcbd11.com/#]cbd oil florida[/url]
    zmb [url=https://hempcbd11.com/#]hempworx cbd oil[/url]

  18. cmc [url=https://cbdoil33.com/#]cbd oil cost[/url] nnl [url=https://cbdoil33.com/#]hemp oil benefits dr oz[/url]
    gsu [url=https://cbdoil33.com/#]hemp oil side effects[/url]

  19. jpj [url=https://cbdoil33.com/#]what is hemp oil[/url] chy [url=https://cbdoil33.com/#]cbd oil for dogs[/url]
    hyl [url=https://cbdoil33.com/#]hempworx cbd oil[/url]

  20. uhm [url=https://cbdhempoil2020.com/#]cbd oil at walmart[/url] yde [url=https://cbdhempoil2020.com/#]cbd oil dosage[/url]
    fxe [url=https://cbdhempoil2020.com/#]hemp oil store[/url]

  21. all [url=https://cbdhempoil2020.com/#]walgreens cbd oil[/url] igp [url=https://cbdhempoil2020.com/#]cbd oil for sale[/url]
    stn [url=https://cbdhempoil2020.com/#]pure cbd oil[/url]

  22. xgj [url=https://cbdoil33.com/#]plus cbd oil[/url] mzr [url=https://cbdoil33.com/#]cbd oil for sale walmart[/url]
    xxa [url=https://cbdoil33.com/#]best cbd oil for pain[/url]

  23. ili [url=https://besthempcbd1.com/#]hemp oil arthritis[/url] giv [url=https://besthempcbd1.com/#]green roads cbd oil[/url]
    kyp [url=https://besthempcbd1.com/#]cbd oil for dogs[/url]

  24. wli [url=https://cbdoil33.com/#]cbd pure hemp oil[/url] mzo [url=https://cbdoil33.com/#]pure cbd oil[/url]
    wum [url=https://cbdoil33.com/#]cbd oil canada online[/url]

  25. zmh [url=https://cbdoil33.com/#]nutiva hemp oil[/url] xow [url=https://cbdoil33.com/#]organic hemp oil[/url]
    ghr [url=https://cbdoil33.com/#]cbd oil online[/url]

  26. atc [url=https://cbdoil33.com/#]hemp oil for dogs[/url] xti [url=https://cbdoil33.com/#]cbd hemp[/url]
    guj [url=https://cbdoil33.com/#]cbd oil at walmart[/url]

  27. cannabis oil for seizures [url=https://buycbdoil33.com/#]benefits of hemp oil for humans[/url]
    cbd vape oil [url=https://buycbdoil33.com/#]cbd oil prices[/url]