5 Things Seniors Should Know About Downsizing Their Homes in Maui

Seniors often find that having too much space becomes a major burden as they age. Maintaining a large home becomes unsustainable, and the thought of having a smaller space to keep clean becomes more and more appealing as getting around becomes more difficult. When considering how to sell your house, be sure to factor in all of the potential costs of each method of selling to make a fair comparison. Understanding these expenses can help you make the best choice for you financially, physically, and mentally. This article will summarize 5 things seniors should consider when downsizing their homes in Maui. 

Convenience Of Selling A House In Hawaii

For many seniors in Hawaii moving into a smaller home, or even an assisted living facility, such as Hale Mahaolu, makes a lot of sense. However the idea of listing their home on the MLS with a realtor can seem complicated and overwhelming. Especially since now most buyers search for housing online. Other big deterrents to the traditional listing method are the huge commissions and fees required to pay all of the parties involved in helping with the legal documents and paperwork, marketing and showing the home. Many sellers also don’t like the thought of strangers touring their homes and looking through their personal possessions. One of the biggest headaches is the task of keeping your home in picture perfect condition and cleanliness throughout the entire sales process, which typically takes between 4-6 months. Finally, sitting at the negotiating table while each buyer tries to beat you up on price just adds even more stress to the process.

Cleaning Out Your Maui Home

Cleaning out your house is an extremely physically and emotionally draining process, especially for folks that have been in the same home for a long time. A big reason for selling in the first place is that the home is too much to take care of, so when you add the tasks of having to clean out the junk and pack up all of your things the task can be too much to take on yourself. Hiring a moving company or organizing company for help is an option, but can be very expensive in Hawaii, and the cost increases substantially for those with larger homes on Maui or for those that have acquired a lot of possessions over the years (and who hasn’t?). Most of us find that every corner of your home is filled with memories and feels like you are leaving those behind, which makes this process emotionally draining in addition to physically demanding.

Expensive Repairs

Inspections and appraisals are an integral part of the traditional home selling process, leading many to spend thousands of dollars when they are ready to begin downsizing their homes in Maui. In order to pass inspections, it is entirely possible that you could end up facing overwhelming repair bills for an issue you were not even aware of previously. Real estate professionals know that many buyers lack the imagination required to realize the potential you may feel your property possesses, with no ability to see past anything that is in a state of disrepair, simply worn or even outdated. The upgrades required to modernize and refresh a home can be anything from replacing aging cabinetry to installing new flooring in part or all of the property. You may need to replace woodwork or paint the interior and exterior of the home. All of these costs can add up very quickly and must be met prior to ever realizing a profit on the home. For that matter, it must be complete before ever listing the home for sale. As time passes, your bills only continue to rise as more and more of your potential profits slip away.

Another Option

Consider a direct sale to Maui Home Buyers, which can be a much better option for you!  We take the time to listen to your situation and understand your goals for now and the future. At Maui Home Buyers we are happy to help you with this decision, if listing with an agent is a better option for you, we will tell you so. Should you choose to work with Maui Home Buyers you can just pack what you want to keep when you are downsizing, by selling your home in Maui directly, without any more showings to worry about. You can also save all the time and costs involved in a deep clean of your larger home when you sell directly. In many cases you can just leave behind any items you would rather not take along to your new residence. You can leave the monthly payments behind too. Working with Maui Home Buyers means eliminating most of the normal fees associated with traditional closings. The price Maui Home Buyers offers is the price you get. You will also forego the fees normally associated with the required reports from appraisals and inspections in most cases. Especially on newer or more recently renovated properties. Send us a message or call Maui Home Buyers today at (808) 359-3121 to learn just how quickly we can help you start saving money!

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