Moving to a new home is difficult as it is, but it’s even more difficult for the elderly. Helping elderly parents move also isn’t easy, since you often have to take care of selling the home, finding a new place for them to live, and moving all their belongings.
If you’re moving elderly with dementia it can be even more challenging, and it’s also difficult moving elderly into assisted living. But no matter your situation, there’s a real estate agent out there who can help you.
Moving Elderly Parents
The actual moving part of moving elderly parents isn’t always the most difficult part; oftentimes it’s more difficult convincing your elderly parents to move.
Houses hold so many memories, and it’s tough to leave behind a place where you’ve raised your family and spent so many years of your life.
Saying goodbye to a home can be a tearful and sometimes traumatic event, so the key to making it easier is to focus on the future. Remind your parents of all the things they’ll be able to do again after they move, all the new friends they’ll make, and the new experiences they’ll have rather than focusing on leaving.
Selling the Home
In many cases when selling an elderly parent’s home, there are updates and repairs that need to be made. If your parents have lived in the home for years (or decades) and haven’t done many upgrades or fixed problems, it may be tougher to sell the home.
In this case, you have a few options: You can do the repairs yourself (or hire someone to do them for you) then list the home, you can try to sell the home as-is and hope the right buyer comes along, or you can sell the home to an investment company.
When you sell the home to an investment company, such as STL Real Estate, that means that the company will inspect your home to evaluate its worth and determine the repairs needed to sell it, then they’ll make you a cash offer (which includes closing costs) to take the home off your hands.
Which Is the Right Option for You?
Determining which of these options best fits your and your parents’ needs is a personal decision, and it depends on the house, as well. If your parents’ house is already in good condition, it may sell quickly if you list it on the market.
Or if the home is in need of a lot of upgrades, you need to sell it as soon as possible, or you just don’t want to deal with the hassle of putting it on the market, handling paperwork, and negotiating a deal, you can sell to an investment company.
No matter which option you choose, it’s important to talk it over with your elderly parents to make sure they’re comfortable with the decision as well. This will help ease the transition into their new life, which will also make your life easier. And when you’re ready to sell, contact STL Real Estate to get started.