Moving can be stressful for people of all ages. Not only do you have to decide where you will live, but you also must plan accordingly, manage finances and say goodbye to the walls that hold your precious memories.
At the same time, sometimes downsizing is inevitable, although many older Americans choose to move into new living situations for the benefit of added amenities. There are some simple things you can do to potentially draw more interest, and hopefully more money, in the sale of your home, regardless of where you decide to move or how quickly you would like to transition into your new living space.
Get the most out of your investment
Once you are ready to put your house on the market, your real estate agent will help you price your home. While many people put tremendous effort into updating their living arrangements before selling, that may be unnecessary.
However, there are some uncomplicated steps you can take to increase your sale price. These include:
- Make a good exterior impression. You want people to feel welcome, safe and comfortable as they approach your house. Simple acts such as cutting the grass and displaying a pot of flowers can make your home environment seem inviting.
- Neutralize your décor. You may have spent many years collecting memorabilia that is unique to you and your family. Despite how precious your photos, heirlooms and children’s works of art are to you, others might view them as clutter. When you remove your personal items from your home, it allows prospective buyers the opportunity to envision themselves in that place.
- Open up space. Most people consider storage when they think about moving. One easy way to do this is to remove most of your clothing from your closets. Organizing can create the illusion that there is ample space available.
You may likely still need to negotiate terms, since there will inevitably be some changes you will need to make before you close – no matter how you prepare for a showing. However, before signing a purchase agreement, you need to understand and agree to the specific legal aspects of the sale. A real estate lawyer can negotiate or review these contracts and help you ensure you meet your legal obligations as the seller regarding disclosures and a clear and free title to the property.
Once all is said and done, hold onto your memories of the past. And remember that your new living space allows just as many opportunities to create special moments in the future.