Ok, you have retired; your home could be one of your most valuable assets for your retirement years. Therefore, selling your house when you are in your sixties or seventies has a different set of considerations than when you were younger. Whether you're rightsizing to buy a maintenance free condominium in a new community or moving to a senior living community, or maybe you are just thinking about renting an apartment closer to friends and family. It takes careful planning to have a successful move.
Seek Specialized & Trained Real Estate Assistance
It is critical to find a real estate agent like Rick Giese associate broker at RE/MAX Advisors with over 27 years of experience and is very knowledgeable about the specialized needs of seniors. Through experience or specialized training and credentialing programs, Rick is familiar with senior housing options, the Housing for Older Persons Act, possible schemes and scams and the implications of various financial transactions. A Rick Giese can guide you in making appropriate sales decisions and refer you to other experts as needed. Check Rick Giese’s marketing information and talk to his broker to confirm that Rick has credentials and experience working with senior clients.
Know Exactly What Your Home's Current Value Is
Having lived in your home for many years, it is natural to be unsure of its current value. However, lack of knowledge about current prices could cause you to accept much less for your home than it is worth. You also might wait too long to accept a fair offer under the mistaken belief that a higher one may be around the corner. To find out the current price for your home, so that you don't lose out on a sale, review the comparative market analysis, or CMA, provided by Rick Giese. The CMA, compiled from data in your neighborhood and others close by accessing the region's multiple listing services, includes the most up-to-date information about homes in your neighborhood, similar to yours, that have sold or that are on the market for sale.
Steps to "Rightsizing" Into Your New Home
Selling your home presents an ideal time to sort through your belongings. "Rightsizing," a term used by Rick Giese, means removing knick-knacks, excess furniture and family photos from your home before putting it on the market. Rightsizing makes a house look more spacious and helps potential buyers picture their belongings in the house rather than yours. You may have accumulated many mementos through the years that you may wish to sell, giveaway to family members or donate before moving. Label each piece to who you would like to give to each person that will care for the family memento. Other items can be donated to places like Second Hand Rose resale shop (great group who use the money to help abused women). While the house is on the market, keep items you wish to retain in storage. Valuables, medications and other personal items should be kept out of sight.
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Consistently ranked as one of Southeastern Michigan's associate brokers of Equity Sales and Short Sales. Rick Giese has over 27 years of Real Estate experience and is one of the areas Rick has a strong focus on assisting Senior homeowners in need, Rick Giese offers a straightforward no nonsense consultation designed to give you all the information and facts to enable you to make the best decision for you and your family. As every situation is different, Rick offers his insight and knowledge of the real estate transaction process and all the options available to you to get the most money the market will pay or to help you avoid foreclosure. Call Rick Giese today at toll free 1-800-274-5656 or your free consultation of your situation and sleep better tonight
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