Real Estate
When the time to retire comes in life, the next phase in life is teeming with excitement! Unfortunately with today’s uncertainty, you may find yourself cautious upon entering your golden years. With the cost of living up 23% in the last 5 years according to the Bureau of Labor Statistics, funding retirement may not be as easy as you hoped. If you own your home, there may still be hope for your dream retirement!
Selling Your House For Retirement
Downsizing
As you near retirement, you are likely to look for a smaller home to live in. You no longer have a need for all the space you used to. And let’s be honest, less space to clean wouldn’t hurt!
When you sell your current home, the equity you can receive can help fund your next home, something smaller and possibly with a more manageable payment than what you currently have.
Relocating
You may not have the travel bug, but people do often relocate entirely when they retire. To be closer to family, or to find a cheaper area to live in, a fresh start is just what some people need! Timing your move with your sale can be a tricky process with a relocation, but not impossible! If choosing to relocate will help fund your lifestyle after you retire, it’s time to sell your home!
Lowering Cost of Living
Finances are top of mind for many looking to retire. Moving is a solution for a number of people looking at finances. Downsizing to a smaller home can bring you a smaller monthly payment. A smaller home can also bring a lowered payment for utilities, lowering your overall cost of living. Relocating to a new area, whether close by or states away, can also lower your overall cost of living. The equity that you get from a home can also be the boost you need to fund the next phase of your life.
Ready For To Retire?
Cash offers are a great asset to sellers looking to sell their home to help move into their retirement. The cash buyer has more freedom to offer you what you need. Need more time? Don’t want to do upgrades? Don’t want to risk the financial side of the deal to fall through? These types of desires make the thought of taking a cash offer for your house appealing.
Eric with ASDM Homes has specialized in cash transactions in San Joaquin and Stanislaus for almost 20 years. He is here to help you make your next real estate move as quickly as possible! Contact us today to start the process and allow Eric to give you a cash offer on your house and start your retirement.c
