Selling the Chelmsford home you’ve lived in for many years becomes more of an issue later in your life. Seniors may find that a larger house no longer fits their needs and that there are many distinct advantages to buying a smaller house. Two of the most obvious advantages are that a smaller house means less work and fewer expenses. Many find much less space desirable during their golden years. In addition, sometimes the reduced costs of owning a smaller home can be rather quite significant.
But, the decision on how and when to sell your larger home in Chelmsford needs to take into account all of the potential costs that accompany each type of sales method. Understanding these expenses can help you to make the best choice for your own specific set of circumstances. Should you find yourself at this stage of life, read on to learn these important facts seniors should consider about downsizing their homes. We’d also like you to keep in mind that Summit Buys Houses has years of experience buying Chelmsford MA properties. This article gives a few details for you to consider as you prepare to sell your home in Chelmsford Massachusetts.
Is a traditional listing too inconvenient?
As you move through your golden years you may be ready to downsize but the thought of a traditional listing on the MLS may seem too complicated to take on—especially if you are now living in your Chelmsford home by yourself.
Whether or not you are computer savvy, you can’t avoid the fact that the Internet is where most buyers now search for housing. So if you were considering selling the house by yourself as a “FSBO” (for sale by owner), you may find all of the necessary details of getting the property on the Internet are beyond your ability or perhaps your desire.
The other most obvious option is to put the house up for sale by employing a real estate agent. Of course, this means you are surely going to pay very high broker commissions and fees. The trade-off is that you have someone else coordinating all the legal paperwork, marketing, and in-home visits by potential buyers.
However, in either of these two scenarios, you are still faced with the somewhat frightening necessity of strangers walking through your house all week while they peruse your property, tour your rooms and look over all of your personal belongings. Yes, they will be looking at all of your personal items and possessions and that can be somewhat discomforting to many people. And let’s face it, keeping every room in your house ‘showroom ready’ at all times is never easy—even if you have all day to do it.
Can You Undo Years of Living?
Cleaning your Chelmsford house to prepare it for a sale goes much deeper than just removing items and washing floors. If you’ve lived in your house for some time, it can be both physically and emotionally draining for you to downsize your Chelmsford house.
A big part of the reason you may be selling is the fact that your home is already too much for you to maintain. When you add in packing and clearing everything out you may find yourself just too exhausted to get it all done. And of course, as you go through all of your personal belongings and family keepsakes you may come into some unexpected emotional stress from remembering the past. As you go through all of your keepsakes it’s very easy for time to slip away as you head back in time looking through each room emptying closets and sorting through boxes that are full of belongings.
Should You Take On Expensive Repairs?
One of the main reasons you’d be considering downsizing in Chelmsford is as you got older, your house has become more and more difficult to maintain. Unfortunately, inspections and property appraisals are an integral part of the normal home selling process now. Many times, after property inspections have been performed on your house, you will have to spend thousands of dollars to fix up the house so it will be attractive to prospective buyers.
And in order to pass those property inspections, it is entirely possible that you could end up facing overwhelming repair bills for an issue you weren’t really even aware of before. A very typical example of this would be when a buyer brings in a property inspector and they find a termite problem that you didn’t know you had! Because the problem went unnoticed for so long, it may have now caused structural issues in the foundational beams of your house. Right away you find out this is a complicated and costly repair that you’ll be forced to make before you sell your house.
Examples of other upgrades that could be required to modernize and freshen up your home could start with replacing aging cabinets, and ranging all the way through installing new floors or carpeting on your property. If you haven’t painted in some years, most likely you’ll have to replace or paint woodwork, doors, walls, and ceilings. Obviously, all of these costs add up very quickly and you must consider how much repair costs will cut into the profits you’ll realize when a sale is finally completed. As a matter of fact, a real estate agent will ask for most of these things to be completed even before you list the house for sale. To make that scenario even worse, in the time it takes to make these repairs your bills continue to rise and your profits will continue to shrink.
Have You Considered A Different Option?
You may want to consider a direct sale of your Chelmsford house to Summit Buys Houses If you’d like to avoid the pitfalls we’ve talked about in this article. Although we are somewhat biased, we honestly believe that we just might be a much better and more profitable option for you. If you find yourself saying, “I just want to sell my Chelmsford Massachusetts house fast and be done with it!”, we do truly feel we’re your #1 choice.
When it’s time for you to sell the house, we’ll take all the time needed to understand your situation and learn what your goals are. We’ve even helped Chelmsford homeowners find new housing to move to, as well as clean up and pack their belongings when it’s time for them to move! We want to make sure you’re happy with your decision to sell your home to us. If listing with an agent is a better option for you, we’ll absolutely tell you that right up front. On the other hand, if you choose to work with Summit Buys Houses, all you really need to do is pack what you want to keep when you start downsizing and move on to the next chapter in your life.
We will take care of all the repairs and will clean up any items you’ve left behind. And of course, you’ll never have to worry about strangers tramping through your house all week because there are no showings of any kind. Once we’ve looked at the property and know its condition, your property showings are over.
You can also leave behind all your monthly payments because working with us eliminates all the normal closing fees and traditional commissions. The price that Summit Buys Houses offers you is the same dollar amount written on the check that you get when it comes time to close on the sale of your house. You avoid all the fees associated with reports from appraisals and inspections, from lawyers, and all others.
Instead of the more usual way of selling your home, why not consider a direct sale to [company]? There are very important reasons this alternative can be a much better option for you! We take the time to listen to your situation and understand your goals for now and into the future. At Summit Buys Houses we are happy to help you with this decision. In fact, if listing with an agent is a better option for you, we will tell you so right away.
There is absolutely no cost to you to have us write an all-cash offer for you. And we never play games or pressure you to say accept our offer. You can take our offer to your lawyer or anyone else you trust and have them look it over for you. We’re confident you’ll be pleased when you review all the facts. Why not send us a message or call Summit Buys Houses today at (978) 254-3800 to learn just how quickly we can help you start saving money when you sell your house in Chelmsford?
Interested in selling your Chelmsford home? We are experienced house buyers with many happy clients in Chelmsford, MA. We purchase property throughout Massachusetts. So—contact us for a quick, confidential, no-obligation cash offer and the best, no-pressure advice you’ll want. “Summit Buys Houses” is incorporated as Summit RE Group LLC.