Real Estate Insights: The Difficult Process of Moving Your Elderly Parents to Assisted Living and Selling Their Home

Moving your elderly parents into an assisted living facility and selling their home are two of the most difficult things you can do. First, you are taking them out of familiar surroundings and having them start their lives over. Second, you are likely getting rid of many of the belongings they have accumulated over a lifetime. Finally, you are selling the home they may have lived and raised their children in for many years.

The process of moving your elderly parents and selling their home is likely as hard on you as it is on them. Here are some ways to help you handle the situation:

  1. Be open in your communications – there will be a lot of emotions at stake. Downsizing and transitioning to a new way of life is difficult. Do not be surprised if you find yourself on an emotional rollercoaster with your parents.
  1. Be realistic in what they can take with them – there may be things that they want that cannot accompany them to their new home. Are there relatives that could take in the items so that they remain within the family? Help your parents determine what has the most sentimental value and usefulness to them.
  1. Get other relatives involved – if possible, enlist the help of siblings, cousins, or anyone else who could help with this transition.
  1. Create a comfortable new space – do not let your parents move from a warm, loving environment into a cold, sterile facility. Take as many of their belongings to their new home before they move in and set everything up so that they move directly into surroundings that have a familiar feel.
  1. Make moving day special – plan a special meal or activity out before leaving your parents to “fend for themselves” in their new home. Spend some time with them there checking out the surroundings and hopefully making some new friends.
  1. Clean and make repairs in their home as needed – you want to help get the house ready for sale. Outdated homes tend to stay longer on the market, and necessary repairs often go unnoticed for years.
  1. Prepare for necessary cash flow if the home takes longer than expected to sell – inquire about the benefits of a quick sale option versus managing a realtor sales process and commissions. You may make a little less upfront, but it could save money if the home takes a long time to sell.

There is much to consider when moving your elderly parents into an assisted living facility and selling their home. A little extra planning can simplify the process.

Brought to you by: Purdy Buys Houses

Providing a win-win solution to help homeowners get out of the sticky situations… like Foreclosure, owning a burdensome property, probate, or anything else. At Purdy Buys Houses, we focus on providing you with a solution to your situation so you can continue to do the things you love.

 

If we can ever be of assistance and answer questions or walk you through how a “buy your home for cash” process works, please call us 321-243-2493, or email us at: info@1callrealestate.com