For most of us, our homes are a source of comfort and security—but home buyers make perfect partners for those “aging out” of a home.
Over time, homes become a source of worry for aging homeowners. Routine maintenance and yardwork they once managed with ease begin piling up.
Seemingly small repair projects become overwhelming.
Eventually, even a loved home deteriorates into an environment where aging adults feel vulnerable.
According to Brian Spitz, President of Big State Home Buyers, when older homeowners “age out”, many work with professional real estate investors.
Aging Out Of Homes For A Variety Of Reasons
Americans “age out” of homes for a variety of reasons. They may no longer feel confident living alone. Or they may tire of the tedious tasks associated with home ownership.
Spitz explained that Hurricane Harvey also prompted many aging homeowners to consider selling sooner than they might have otherwise planned. They felt particularly at risk during Houston’s unprecedented flooding,
Harvey was a wake-up call for many longtime Houston homeowners. Imagine being alone in your house, perhaps not as mobile as you once were, and flood waters rush in at an unprecedented pace.
That frightening scenario became a reality for countless aging Houstonians.
We’ve heard from many older homeowners who realize it’s time to sell and move closer to loved ones, or into communities equipped to support aging adults. For other retirees and empty nesters, Harvey accelerated plans for downsizing or relocating from Houston.
When aging homeowners and their families make the decision to sell, they typically want to sell their home “as-is”. They prefer avoiding costly updates and repairs.
And because these sellers want to act quickly and plan for their next move, they often look for price certainty and a firm closing date. Unfortunately, these certainties aren’t available on the open market. When listed with a traditional agent, an as-is house may sit for months. This delays moving until the right buyer shows up.
Even now, post-Harvey, Houston is a buyer’s market. With a large number of homes currently listed for sale and new listings popping up on the market every day, owners of flooded properties are taking the time needed to work through the insurance claims process and repair damage to their existing homes before making the decision to buy a new home.
Finding A Trustful Partner To Sell A Home Due To Aging Out
With so much uncertainty, selling to a professional home buyer can be a great alternative for anyone “aging out” of a home and eager to move.
Reputable home buying companies like Big State Home Buyers have extensive experience buying houses. They quickly assess the true value of a property. Then, they make a firm and fair cash offer and close within the seller’s schedule.
Professional real estate investors with title expertise help unwind lingering estate issues that might otherwise keep homeowners from selling quickly.
And professional home buyers are a preferred real estate partner for aging homeowners. They are never scared away by a home’s condition.
At Big State Home Buyers, we’re not afraid to buy someone’s problem,” Spitz said. “In some cases, that means we will buy a house in a severe state of disrepair, but it also means we will partner with sellers to sort through the complex issues associated with their property. We can help clear title, resolve probate issues, negotiate with lien holders and address any outstanding items with attorneys or even Medicaid, so sellers can move forward quickly and conveniently.
Options For Selling a House Fast For Aging Seniors
When a home is no longer a place of comfort, security and joy, aging homeowners and their families should explore their options.
Traditional real estate agents seldom have the resources and experience for resolving common estate issues.
Professional home buyers are an excellent source of information… And possibly the perfect partner for aging homeowners looking for speed and convenience.
Be cautious though—any home buying company can make an offer and write a contract, but not all can get to closing.
Choose a qualified buyer or agent who will partner with you and your family and keep your interests front of mind throughout the entire process. For more information or to explore selling your home as-is today, contact Big State Home Buyers.