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Selling Your Home As Part Of

Retirement

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Real Estate & Retirement

Ah, after working the past 25+ years of your adult life you can finally see it – retirement! Perhaps it’s coming soon, or you have already retired and now a new stage in your life begins. For many retirees, it’s the beginning of more traveling or spending more time with the kids and grandkids, which might also mean selling your home.

Real Estate & Retirement

If you are selling your home for retirement here are a few things to consider to help make the process easier and decide on the best strategy moving forward:

Real Estate & RetirementPlans After Retirement

Before selling your home, it is best to know what you are going to do and where you are going to go after your house sells. Will you be downsizing to a smaller home in the same community or selling everything and hitting the road in the RV? Maybe you just plan to travel for a year, so you’ll need a storage unit for all your belongings. Having a plan before selling your home for retirement will ease much of the stress and help budget your income from the sale of your home.

Real Estate & RetirementEquity

Do you have equity in your home? During the recession of 2008-2009, many homeowners found themselves “upside-down” in their homes, meaning they owed more on their home than they could sell it for. The last several years, however, home values have been on the rise and homeowners are building their equity again. It is recommended that you have enough equity in your home to pay off the current mortgage, related fees, and taxes, and have enough remaining to put 20% down payment on your next property.

Emotionally Ready

If you have lived in your house for any length of time, selling your home can be a very emotional process, especially if you have raised your family in it. You need to be prepared to get your house ready to show to potential buyers. It is best to declutter as much as possible, removing any knick-knacks on shelves, photos off the wall, even paint over the growth chart of your kids next to the kitchen door. As was mentioned, this can be an emotional time and it may be best to get professionals to come in and stage the home for you.

Using a REALTOR®

Our real estate market is unique, so it is best to consult with a professional real estate agent about the sale price of your home. A knowledgeable REALTOR® will go to work for you, using market analysis reports, neighborhood comparisons, and recently sold home pricing, being able to share with you what I know is top value for your home. Going off generic internet generated reports are often misleading and can lead to false expectations.

Using a REALTOR® also includes benefits of giving you advice about updates or repairs that will make your home more attractive to potential buyers. I market your home so that it receives as much exposure as possible. And I schedule home showings and handle all the required paperwork.

Real Estate & Retirement

After the Sale

After selling your home for retirement the road is yours! Whatever it was that you had planned to do before selling your home you now get to pursue without the burden of having a large home to care for. Enjoy this new stage in your life and may it bring you much joy, adventure, special moments and memories.

Legacy Real Estate Co.

Legacy Real Estate Co.

208.917.8339

LREC@idaholegacy.com

www.IdahoLegacy.com

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Service Area

Boise, Idaho – As the fastest growing metropolitan area in the country, the Treasure Valley is simply exploding in growth.  While much of this growth has primarily affected Boise, Meridian, and Nampa, the growth finds itself even spilling into communities such as Middleton, Kuna, and Caldwell. Bottom line, now is an amazing time to consider listing your home – especially true if you’re looking to move a little further from the dominant growth communities.

Legacy Real Estate Co. with Keller Williams Realty Boise

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Your Local Real Estate Expert

Legacy Real Estate Co.

Legacy Real Estate Co.

Legacy Real Estate Co.

208.917.8339

LREC@idaholegacy.com

www.IdahoLegacy.com

At the heart of our business is the impact of Idaho real estate over lifetimes. From seller to buyer, to the families that live inside these homes, Legacy Real Estate Co. is in the business of sharing your story, sharing your legacy. Founded on the principles of Family, Community, and Humanity, Legacy Real Estate Co. is committed to helping current and future clients design the life they want to live – in the community they want to enrich – one dream home at a time. Committed to the impact and desire to give back, Legacy Real Estate Co. also contributes their time and resources to greater humanitarian efforts.

Whether starting a legacy with First-Time Home Buyers or working alongside Sellers in continuing their legacy, Owner & Realtor® Jenn Weiss brings years of experience from over 100 home transactions. She is passionate and committed to providing an avenue for professional agents to thrive at their very best while creating their own legacy. In unity and as your trusted real estate resource, Legacy Real Estate Co. dedicates to serve all clients in the very best way possible. We’re ready to serve YOU and the Boise metropolitan area!