Thinking about Downsizing? You Might be Ready if…
Your Home Has Increased In Value
If you have been lived in your home for some years, the chances are that you may be nearly done with your mortgage payments and have your home paid off. Even better is the fact that your home may have increased in value. If you buy a cheaper, smaller home at this point, you still have equity leftover and can use it for other activities. Furthermore, you’d be able to buy your new home as a cash buyer, which is more convenient and allows you to live mortgage-free.
Moving Closer to Your Kids and More Time with Your Family
As you begin to age, you are probably thinking of family and retirement. If you want to spend more time with your family without necessarily moving in with them, you can take advantage of the home you have by downsizing and moving to a neighborhood near your children, and more importantly, your grandchildren. If moving isn’t really something you’re interested in, downsizing and freeing up some cash would give you the option to travel more as well. Maybe that’s to visit them if they live far away, or that could mean taking them on vacation with you. Whatever the case is, if you’re an empty nester now and don’t need the space, a smaller home may be a better option.
Are you looking to lower your expenses and save some money? Downsizing may be the solution for you as it will help you lower your monthly expenses. Costs like taxes, insurance, and interest payments go up the bigger your house is. Therefore, buying a smaller home will help you save on these costs and overall home maintenance. Additionally, if you need a new roof or other repairs, those will be cheaper because the mere square footage of the home is smaller. You will also pay less for utilities such as gas and electricity as you have to spend less on heating and air, and the saving go on and on.
Need help downsizing and selling your home?
Call us Today to discuss your options:
A great part about working with Community Home buyers is whatever your homes condition, we’ll actually buy your house exactly as it is right now.
Maybe you have expensive repairs to make that a typical realtor is going to recommend you fix before you sell, you don’t have to do that.
Maybe you’ve lived in your home for 40 years and have accumulated a lot of extra stuff you don’t want to take with you, you can take what you want and we’ll deal with the rest.
Easier and Less Maintenance
A Bigger Market for You To Choose From
Building Emergency Funds or growing your retirement
Get Rid of Credit Card Debt
No matter your reasoning for downsizing, Community Home Buyers is here to help. We can provide you with a free home evaluation and present you with options of how you can sell you home. Selling to us might be your best option or listing with one of our realtors may be too. Whatever the case, we’ll make it as easy as possible for you to sell your home.
Give us a call and see why working with Community Home Buyers is a great choice.
Still have questions?
Give our team a call anytime or schedule a FREE consultation with one of our co-founders to discuss options for your home.
Frequently Asked Questions About Downsizing
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