Selling your home in retirement is an excellent way to unlock any equity tied up in your house, lower your monthly expenses, and slash a large chunk of your property tax obligations.
Unfortunately, selling in retirement can be tricky and expensive, especially if you’ve had your home for years. For one thing, you’ll likely have to make repairs, and these can easily cost at least $3,483 in Spokane and roughly $3,018 in Coeur d’Alene.
There are also closing costs like realtor fees to consider. When you’re selling your home in retirement through a realtor, you’re potentially looking at roughly 6% in realtor commissions, which can easily be worth thousands of dollars.
cash money
Luckily, you can sell your home without making repairs or worrying about hidden costs by selling to a cash buyer.
Find out why you should accept a cash offer for your Spokane or Coeur d’Alene property.
Why Selling Before or During Retirement Is a Good Idea
Before and during retirement are the best times to sell your property. The reason for this is that during these periods, you’ll likely have built sufficient equity on your property. As a result, your house can fetch more in today’s property market than it would have a decade ago.
There’s also less risk involved when you sell in retirement. By the time you retire, you’ll only have yourself and maybe your spouse to support, meaning you won’t need a large property. Selling your home in retirement enables you to downsize, but most importantly, you can profit from the sale at no risk.
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The Benefits of Selling Your Home in Retirement
During your golden years, selling your home can help you in more ways than one. If you’re on the fence about letting go of your property, here are several reasons that can change your mind.
Makes Relocation Easier
As you age, you may be considering a transition to senior care, especially if you have medical conditions that need round-the-clock attention. Selling your home in retirement enables you to simplify your living arrangements and make moving to an assisted care facility or out of state easier.
Helps You Downsize
Owning a larger property comes with maintenance responsibilities, which can be challenging, especially when you’re nearing your golden years. When you sell your house, downsizing becomes simpler as you can use the funds to move to a smaller and more manageable property.
Lower Your Monthly Expenses
The larger your Spokane or Coeur d’Alene house is, the more you’ll likely be paying in monthly utilities. Selling your home in retirement is an easy way to relocate to a smaller property and lower your utility expenses every month.
Simplifies Estate Planning
Estate planning becomes easier when you sell your home in retirement. By selling your property, you’ll reduce the complexities of dealing with a large asset after you pass away.
Lower Financial Risks
Homeownership comes with financial risks, such as fluctuations in property values, natural disasters, or market downturns. You can reduce these risks by selling your home and renting or buying a smaller, more affordable property.
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How To Sell to Us
When you’re selling your home in retirement, the best option is to do so without a realtor. Why? Because as mentioned, realtors can cost you up to 6% of your home’s sale value. While this may not seem like much, 6% can be thousands of dollars, especially if your home has appreciated greatly.
Instead of selling to a realtor, a better alternative would be to sell to a cash buyer — us!
At The Easy Home Buyer, we buy homes in Spokane, WA, and Coeur d’Alene, ID, as-is and for cash.
Get a free cash offer today and find out how much we’re willing to pay you for your property.
What Determines That a House Is in Bad Condition
What Types of Homes Fall Under Our “As-Is” Definition?
Whether your property has code violations or an extensive mold problem, we’re ready to buy it from you. Get an offer today even if your house has any of the following issues:
- Hoarder Homes: We buy properties filled with years of accumulated items, managing the cleanup process with care and discretion.
- Vacant Land and Houses: Empty properties can be a liability, but we’ll take them off your hands with a straightforward offer.
- Abandoned Properties: Neglected homes that have been sitting empty for years are exactly what we’re looking to purchase.
- Bad Rental Property Tenants: We’ll handle your problematic tenants while providing you with immediate cash relief.
- Death Estates: Inheriting a property can be overwhelming, which is why we offer compassionate and quick purchasing solutions.
- Manufactured Homes: From RVs to single-wide and double-wide trailer homes, we purchase all types of manufactured housing without hesitation.
- Renovations Gone Wrong: That DIY project that didn’t quite work out won’t deter us from making you a fair offer.
- Dirty Properties in Bad Shape: No amount of grime or deterioration will prevent us from seeing your property’s true value.
- Damaged Homes: Whether it’s structural issues or cosmetic problems, we’ll purchase your damaged property as-is.
- Cracked Foundations: Even serious foundation issues don’t scare us away from making you a competitive cash offer.
- Code Violations: Your citation troubles become our responsibility when we purchase your non-compliant property.
- Fixer-Uppers: That diamond in the rough you’ve been holding onto might be perfect for our portfolio.
- Trash-Filled Properties: We’ll take over your debris-filled home without requiring any cleanup on your part.
- Rundown Homes: Properties in severe disrepair still have value to us, and we’re ready to make you an offer today.
- Properties Needing Repairs: From minor fixes to major overhauls, we’ll handle all necessary repairs after purchase.
GET CASH FOR YOUR SPOKANE HOUSE (775 x 500 px)
Sell to Us for Cash Quickly
When you’re selling your home in retirement, choose a fast, hassle-free, and profitable home-selling solution. At The Easy Home Buyer, we buy houses Spokane regardless of its condition.
Find out how much we’ll pay you for it by getting a fast, fair, and free cash offer today.
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