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 Chicago.
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 Chicago. 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 Heartland Funding Inc., 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 Heartland Funding Inc. and their full-service in-house team of industry specialists, you’ll have all the details with complete transparency.
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 Chicago. 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 Heartland Funding Inc. can help alleviate the risk of falling into foreclosure with your lender, and you can relax. Professional buyers like those at Heartland Funding Inc. 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 Heartland Funding Inc. can also work with you to delay closing, just talk to us about making arrangements.
Over time our homes can become too much to care for, moving from room to room, dusting furniture that is no longer necessary, to the daily tasks that keep a house from becoming distressed. So if you find yourself overwhelmed trying to care for your home, it is another sign that it’s time to downsize your house in Chicago. In addition, when you sell directly to professional buyers like those at Heartland Funding Inc., you will save even more money because they never charge commissions, and there are never any hidden fees.
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 Chicago. As homes age, they also require more frequent and expensive repairs, which can quickly drain savings. Professional buyers like those at Heartland Funding Inc. 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.
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 Chicago. Professional buyers like those at Heartland Funding Inc. 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 Heartland Funding Inc., we are your neighbors, and we want you to feel good about the deal long after closing.
Talk to the professional buyers at Heartland Funding Inc. without any obligation about the signs showing you it’s time to downsize your house in Chicago. Call Heartland Funding Inc. at (800)-255-8250.