Despite the best of plans, life can change and the space you call home may need to change. When you consider our emotional attachment to our homes, especially when they are filled with so many memories, realizing you might need to make a change can be very discomforting.
There are actually three stages to the homeownership lifecycle. The first one is usually a starter home, which occupants usually outgrow and sell. Then, they move into a larger home to accommodate their changing lifestyles. Lastly, homeowners typically downsize as they move into retirement.
How do you know if and when you are making the right move? If you’ve been asking yourself this very question, read on as we explore the five signs that it’s time for you to downsize your house in San Diego.
Financial Strain
If you’ve experienced circumstances that make it difficult to afford your mortgage, this is a big sign that it’s time to downsize your house in San Diego. Many times, homeowners will just continue to stay in their home, even when all the signs are telling them that this is not the right move financially. So why not take action while there is still time to protect your credit? Professional buyers like those at Trusted House Buyers can help alleviate the risk of falling into foreclosure with your lender, and you can relax. If you work with a professional buyer like those at Trusted House Buyers, stress can be stripped away almost immediately when they can streamline the buying process, provide you with a guaranteed closing date quickly, and you will be able to have cash for your home. For those experiencing financial hardship, this can truly change lives and the trajectory of your future. If there are other circumstances you are up against, the professional buyers at Trusted House Buyers can also work with you to delay closing, just talk to us about making arrangements.
Available Funds
If it is a struggle to afford your current lifestyle, and you find each month gets harder and harder to push through, then this is the first sign that you need to downsize your house in San Diego to a more realistic financial option. It can be excruciatingly painful to watch the days on the market add up as you wait for a buyer and then the long closing process of a traditional sale. Considering that the monthly bills don’t stop rolling in, along with the never-ending maintenance that is a part of homeownership, the uncertainty of listing when you’re in a financial crunch can be disquieting. However, by directly selling your home to local professional buyers like those at Trusted House Buyers, you can avoid this process and receive a cash offer quickly that is honest and fair. In addition, when you work with the professional buyers at Trusted House Buyers and their full-service in-house team of industry specialists, you’ll have all the details with complete transparency.
Overwhelmed
Owning a home can be quite overwhelming as you try to maintain the home, not to mention the many costly updates that homes need over time. So if you find yourself overwhelmed trying to care for your home, it is another sign that it’s time to downsize your house in San Diego. In addition, when you sell directly to professional buyers like those at Trusted House Buyers, you will save even more money because they never charge commissions, and there are never any hidden fees. In addition, Trusted House Buyers will take your home in ANY condition, so there is no stress to add to your plate in regards to making sure your home is ready to sell.
Expenses That Continue to Increase
There are many added expenses in owning a own and holding onto a home over time. As you build equity in your home, the increase in value over the long term may also bring a larger tax bill to your door. This fact can be extremely stressful to a homeowner. Additionally, utilities increase over time, and those on a fixed income can quickly find themselves under extreme financial stress. If you are in a situation as this and find it increasingly harder to stay afloat, it may be time to downsize your home in San Diego. As homes age, they also require more frequent and expensive repairs, which can quickly drain savings. Professional buyers like those at Trusted House Buyers buy homes as-is; by selling directly, you can stop worrying about passing the inspection and all of the other headaches that accompany the conventional listing process. This is one of the many reasons why clients like to work with the professional buyers at Trusted House Buyers because they can literally hand over their property, in ANY condition, to take that stressful burden off of their plate. Not to mention, they will have cash in hand. Sounds like a win-win situation!
Talk to the professional buyers at Trusted House Buyers without any obligation about the signs showing you it’s time to downsize your house in San Diego.Call Trusted House Buyers at 619-786-0973.
