- Call, text, email us, or fill out the contact form on our website.
- We will schedule a time to do a walk-through of your home.
- We will give you a cash offer for your home within 24-48 hours.
- If you agree with the offer, we will sign a standard Texas Real Estate Commission Contract and provide it to the title company to begin the closing process on your home.
- We can close on a home in Austin as early as 7 days or in a few months—whatever is the most convenient for you.
- You will receive your proceeds from the sale of your home on the closing day.
- There are several ways you can use the equity in a home to pay for assisted living care costs, with many opting to taking out a Home Equity Line of Credit or a Reverse Mortgage, if they want to keep the home.
- If you do not desire to keep the home, or if it may be too difficult for the home to be maintained, selling the home may be your best option.
The immediate benefit of this option is it allows you to have a lump sum of cash to pay for any current medical bills, as well as the cost of moving to assisted living. There would no longer be a mortgage and family members would not be burdened with maintain the home.
This really depends on if you need the cash immediately to move into assisted living.
The immediate benefit to selling after you move is the convenience of no one being in the home during the staging, listing and sale process. The home is free and clear of clutter, it can be staged, and showings can be scheduled without worry of inconveniencing the seller. If you need the proceeds to move into assisted living, you will have to sell first.
It means exactly as it sounds! By selling a home “as-is”, you are indicating to the seller that any defects in the home are encumbered to the seller and you will not be responsible for any repairs prior to sale. This option is beneficial when there is enough equity in the home to pay off any liens (such as a mortgage) and you need to sell quickly.
This is also a great option if you simply do not have the resources to make the repairs prior to sale. The key downside, however, is you will likely have to sell the home at a price point that includes the estimated cost of repairs, meaning you will get less than you would if there were no material issues with the home.