Despite the best of plans, life has a way of making a perfect fit into something no longer suitable. When you consider our emotional attachment to our homes, especially when they are filled with so many memories, realizing you might need to make a change can be very discomforting.
It’s helpful to understand that there are three stages to the average homeownership lifecycle. Typically beginning with a starter home, which is often outgrown and sold, moving into a larger home to meet the demands of life changes, and then the final stage, downsizing, usually this move is made when entering the retirement phase of life.
But just how do you know you’re making the right move? If you’ve been asking yourself this very question, read on as we explore the five signs that it’s time for you to downsize your house in Oklahoma City.
Available Funds
If it’s a struggle month after month to afford your current lifestyle, this is a red flag letting you know that it’s time for you to downsize your house in Oklahoma City. It can be excruciatingly painful to watch the days on the market add up as you wait for a buyer and then the long closing process of a traditional sale. Considering that the monthly bills don’t stop rolling in, along with the never-ending maintenance that is a part of homeownership, the uncertainty of listing when you’re in a financial crunch can be disquieting. However, by directly selling your home to local professional buyers like those at Integrity Home Buyers, you can avoid the wait and have a cash offer that you’ll agree is fair. In addition, when you work with the professional buyers at Integrity Home Buyers and their full-service in-house team of industry specialists, you’ll have all the details with complete transparency.
Financial Strain
If you’ve experienced circumstances that make it difficult to afford your mortgage, this is a big sign that it’s time to downsize your house in Oklahoma City. Unfortunately, homeowners often attempt to keep the property, falling behind on their mortgage. So why not take action while there is still time to protect your credit? Professional buyers like those at Integrity Home Buyers can help alleviate the risk of falling into foreclosure with your lender, and you can relax. Professional buyers like those at Integrity Home Buyers can provide you with a guaranteed closing date, and within a week or so, you’ll be walking away from the closing table with cash in hand. The professional buyers at Integrity Home Buyers can also work with you to delay closing, just talk to us about making arrangements.
Overwhelmed
If you find yourself overwhelmed trying to care for your home, it is another sign that it’s time to downsize your house in Oklahoma City. Professional buyers like the ones at Integrity Home Buyers are able to help sell your house quickly and easily so that you can free yourself from old memories that have become overwhelming and keep moving forward with your life. The benefits of selling your house directly include no hidden fees or commissions, saving even more money compared to traditional real estate methods, as well as a hassle-free transaction that saves you time and energy.
Increased Expenses
As you build equity in your home, the increase in value over the long term may also bring a larger tax bill to your door. Additionally, utilities increase over time, and those on a fixed income can quickly find themselves under extreme financial stress. If you’re finding it difficult to afford your home and there’s no upcoming resolution in sight, it is one of the sure signs that it’s time for you to downsize your house in Oklahoma City. As homes age, they also require more frequent and expensive repairs, which can quickly drain savings. Professional buyers like those at Integrity Home Buyers buy homes as-is; by selling directly, you can stop worrying about passing the inspection and all of the other headaches that accompany the conventional listing process.
Current Market
Perhaps you hadn’t thought you were ready to move into the next phase of homeownership, but the current market has made cashing in your equity an extremely tempting option. If the market is hot, it may be time to shift gears and take it as a sign that it’s time for you to downsize your house in Oklahoma City. Professional buyers like those at Integrity Home Buyers will detail how much your home is worth on the current market and compare that to every number used to calculate our offer. We do this so that you can make an educated decision about which method of selling is best for your situation because at Integrity Home Buyers, we are your neighbors, and we want you to feel good about the deal long after closing.
Talk to the professional buyers at Integrity Home Buyers without any obligation about the signs showing you it’s time to downsize your house in Oklahoma City. Call Integrity Home Buyers at (405) 367-6048.