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What Seniors Should Know About Downsizing Their Homes in Central Oregon

Many seniors reach a point where they no longer want to spend their time cleaning a bunch of unused rooms or maintaining a big yard. While that big house served them well when they were raising kids, downsizing to a smaller house or condo can help people enjoy their golden years without the burden of taking care of a large home. here are many advantages in owning smaller properties for senior homeowners.

Not only can seniors save time by having less to clean and maintain, they usually find their expenses are less with a smaller home. The decision on how you sell your larger home needs to include all of the potential costs that accompany each type of sales method. Understanding these expenses can help you to make the best choice for your situation. Should you find yourself at this stage of life, read on to learn these 5 things seniors should know about downsizing their homes in Redmond and throughout Central Oregon. 

Inconvenient

If you’re considering a smaller home to reduce the hassle of ownership, you probably aren’t too excited about taking on the hassle of finding a real estate agent and waiting around for a qualified buyer to buy your house. Trying to market the house yourself may seem too complicated to take on by yourself, especially since the internet is where most buyers search for housing on today’s market. The other option for listing means paying outrageous commissions and fees, so that someone else can handle all of the legal paperwork, marketing, and showing appointments. In either event, the thought of strangers touring your home and personal possessions is disquieting at best. And let’s face it, keeping everything picture perfect at all times is not easy on the best of days. Not to mention sitting at the bargaining table while buyer after buyer makes insultingly low offers. 

Clean Out

Cleaning out a house can be both physically and emotionally difficult when seniors are downsizing their homes in Central Oregon, especially if they 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. If you are not able to do the work yourself, 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. Because every corner is filled with happy memories that you are leaving behind you may become emotionally drained as well. When you know you are letting go of these things, it is very easy for valuable time to slip away as you go back in time, looking through each room, emptying closets, and sorting through boxes full of belongings.

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 Central Oregon. 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

If your goal is to simplify your life, consider a direct sale to Deschutes 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 now and the future. At Deschutes Home Buyers 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 Deschutes Home Buyers you can just pack what you want to keep when you are downsizing, by selling your home in Central Oregon directly, 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. You can even 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 Deschutes Home Buyers means eliminating most of the normal fees associated with traditional closings. The price Deschutes 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 Deschutes Home Buyers today at 503-383-1686 to learn just how quickly we can help you start saving money!

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