Why would someone want to sell their large home and downsize? Turns out, there are many advantages and reasons to sell a large home and downsize.
1. Health and Age Did you know a recent TD Ameritrade Survey, found that 42% of preretirees are likely to downsize? That’s because a large home can pose a risk to their health. For example, flights of stairs become a hazard or difficult to use as one ages.
2. Empty Nesters When the kids are grown up, a home can feel empty, especially with only 1 - 2 people living there. Often parents are left with unused space like a pool or backyard.
3. Cost Retiring with a lower mortgage payment, property tax bill, and a smaller place to clean and maintain can make cost-of-living more affordable.
4. Money Selling a large home can leave a seller with lots of money to put towards retirement, investments, debts, travel, and more!
If you or someone you know is interested in downsizing and selling their home, contact us today! I buy any house, cash! We offer fast and fair offers. Why not see what you can get?