If you are a senior homeowner, there are many advantages to owning a smaller property. Many seniors find having a smaller space very desirable. Cleaning and maintaining less space means a big reduction in overall work and lower expenses, sometimes dramatically.
When deciding how to sell your larger home, be sure to include all of the potential costs that accompany each type of selling method. Understanding these expenses can help you to make the best choice for your situation. If you are a senior, read on to learn what you should know about downsizing your home in Louisville.
What a Hassle!
During your golden years, when you are ready to downsize your home in Louisville, the thought of a traditional listing may seem overly complicated to take on by yourself. Especially if you are not comfortable using the internet, since that’s where most buyers search for housing in today’s market.
The other option for listing includes hiring a realtor to advertise for you. This means paying outrageous commissions and fees so that someone else can handle all of the legal paperwork, marketing and showing appointments. In either case, it can be disquieting to think of strangers viewing your home and personal possessions. It can also be very difficult to keep your home picture perfect every day, especially if you are already having trouble taking care of a larger house. It also becomes frustrating to hear many insultingly low offers made on your home.
Cleaning Out
Cleaning out a house in order to sell can be both physically and emotionally difficult for seniors downsizing their homes, especially if they have lived there for a long time. Part of the reason you may be selling is the fact that your home is already too much to maintain. When you add in cleaning and packing, it’s easy to find yourself exhausted.
If you are not able to do the work yourself, it is likely you will need to hire someone to help you. This can be costly, depending on how large your home is and how many possessions you own. You may also become emotionally drained by the thought of leaving behind happy memories.
Expensive Repairs
Inspections and appraisals are an integral part of the traditional home-selling process. They lead many owners to spend thousands of dollars when they are downsizing their homes in Louisville. In order to pass inspections, you could face overwhelming repair bills for an issue you were not even aware of. Real estate professionals know that many buyers lack the imagination required to realize the potential your property possesses. For many, it is difficult to see past anything that is in a state of disrepair, worn out or just outdated.
The upgrades required to modernize and refresh a home can be anything from replacing aging cabinetry to installing new flooring. 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, they must be completed 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 We Buy Houses in Kentucky, which can be a much better option for you! We take the time to listen to your situation and understand your goals for now and the future. At We Buy Houses in Kentucky, we are happy to help you with this decision. If listing with an agent is a better option for you, we will tell you so. Should you choose to work with us, you can pack what you want to keep when you downsize, and leave the rest to us.
You won’t have 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.
A Fair Option
Working with We Buy Houses in Kentucky means eliminating most of the normal fees associated with traditional closings. The price we offer 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.
Our team, comprised of husband and wife Daniel and Catherine Close, is dedicated to getting you a fair deal, fast and hassle free. If you are a senior looking to downsize in Louisville, Kentucky or surrounding areas — including Bardstown, Fern Creek, Highview, Jeffersontown, La Grange, Lyndon, Mount Washington, Newburg, Okolona, Shelbyville, Shepherdsville, Shively, St. Matthews, Taylorsville and Valley Station — we can help you! We also buy homes in Southern Indiana, including Clarksville, Jeffersonville and New Albany.
Send us a message, or call We Buy Houses in Kentucky today at (502) 383-1484 to learn just how quickly we can help you start saving money!
