Retiring or downsizing? Here’s some things you can do about your Denver, Colorado house.

Retiring and/or downsizing is the new reality here in the United States and there’s a powerful financial strategy that families are using to help make retirement a reality for their aging parents and grandparents. You’re not alone in this situation if you’re looking to retire.

Across the United States, thousands of people are retiring every single day. Many are discovering, though, that their IRAs and 401ks aren’t always adequate to cover the high cost of retirement living even when their monthly budget is topped up with social security. In fact, one of the biggest worries that retired families have right now is that they’ll outlive their retirement savings.

Baby Boomers are ready to retire

Do you have a family, like a parent or grandparent, looking to retire? Perhaps they’re also looking to move into a retirement community or just downsize into a smaller home that’s easier to take care of or closer to the kids. Adam Buys Denver Colorado Houses, we’re contacted by sellers every week that are in a situation of retirement and downsizing. As retirees and their families navigate the complicated step of retiring from a lifetime of work and also trying to figure out the real estate, financial and health convenience factors of retired life -It definitely isn’t as easy as it seems.

In many cases it makes sense to sell the house. Rather than leave the retired parent to care for it themselves or get caught up in a complicated estate situation in probate when they pass away. Many retirees are selling their houses now, they’re often larger two or multi story homes that they raised their families in and extracting the equity to supplement their retirement income.

The equity from the home may even be more valuable than the retirement savings. One of the most common statements we hear on a weekly basis is, “We no longer can maintain the home and it’s best fit for us to take advantage of our equity in the home.” Which makes perfect sense especially in a seller’s market.

What Makes The Most Sense

Selling seems like a good option but there’s an added challenge that these families are facing – That’s in the house itself. Not everyone has a house in brand new condition. Often it’s a property in need of some good ol’ TLC. Maybe retirees have not been able to keep it up as well as they thought they could or maybe the basement still has the same shag carpet, wood paneling, and that blue floral-print couch that was there when you grew up in the house. This is where it gets tricky for many because updating the house takes time, money, and effort, and can be a huge inconvenience to any family members living there.

Who will be able to take on all that expense and effort to get the house updated?

Find someone who specializes in helping families navigate this challenging new stage of life. Adam Buys Houses, for example, has bought property from many different situations and in every condition you can think of. We’ve seen it all. We always do it respectfully because we understand that homeowners still have a lot of pride and wonderful memories in these homes but at the same time, we’re all realistic about saving you the time, money and hassle that someone in your family will have to endure to update the house.

Adam Buys Houses from retiring homeowners and we always do it in a way that is respectful, comforting, and helps to make the transition easy for everyone. We’ll buy it even with the shag carpet and the blue floral-print couch in the basement… no need to haul it away!

Every Situation Is Different

“Would you buy my house and how much are you willing to pay?” -That’s a great question and the answer is: Sellers come to us because they want to sell their out-dated house quickly and easily. For those who are hoping for a higher price on the market, you’ll need to invest time and money into updating the house and then dealing with an agent. If you want to do that, that’s totally fine but a lot of our clients come to us because they realize that they don’t have the time or the money to invest up-front in the hope of a higher market price. We pay a fair price for every home and save you the costs and time. Our clients are still happy with what we pay because in many cases these homes have grown in value over the years and there’s still plenty of equity for the seller.

Our customers comment all the time about our soft approach. You won’t get a hard sell with us. If you are not completely satisfied with the offer we make to buy your house, you don’t have to accept it. No charge. No fees.

We’d love to talk to you today about the house and your situation. We’re here to help even if you decide not to sell your house.

Give us a call at 303-997-2045or fill out the form here to get started. We look forward to talking with you.