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FAQ

 

Q: How much do I have to fix up my house to sell it?

 

A: Great question! The answer is that it depends on what you want to achieve, the condition of your home, the value of your house before and after being readied for sale.

You really don’t have to do anything. Every house will sell, but a home that has been well prepared will sell for more money in most markets. If you want to get the most from your sale, you’ll want to clean out all the clutter, update or remodel the kitchen and baths, paint the interior, remove the popcorn ceiling, paint the exterior. Your home may not need any of these things, or all of them. Keep in mind that many people really want to fix up their homes themselves after they buy, so if you want to sell as-is, you may get a premium price without lifting a finger.

The best time to fix up your home is before you want to sell. That way, you’ll be able to enjoy the changes yourself for a while, and then reap the rewards when it’s time to make your move. If you are thinking about what you want to do, give me a call. I’ll walk through the house with you, and we can discuss which changes will pay off the most.

 

Q: If I sell my home, and I want a monthly income from the proceeds, what are my options? How can I create monthly income?

 

A: Seniors coming into funds from the sale of a house should do the following: 

1) Set aside in cash/money markets the funds needed for the next two years. 2) Set aside 50% of the leftover funds for the next three to five years in a lower risk portfolio. 3) Set aside the remainder into a dividend portfolio that can grow over time and affords the investors time for recovery in case there is a weak market in year one or two. Of course investors’ risk tolerance plays a part in this allocation, and may dictate changes to the plan listed above.

 

Q: How much does your service cost?

 

A: Because each person’s/family’s situation is different, services are customized for each move and are individually priced. 

We will work with you to determine the best way to achieve the results you want in the timeframe that works within your schedule and budget. You will be given a complimentary 30-60 minute consultation and a written estimate for the services you select.

 

Q: If I sell my home, and I want a monthly income from the proceeds, what are my options? How can I create monthly income?

 

A: Seniors coming into funds from the sale of a house should do the following:

1) Set aside in cash/money markets the funds needed for the next two years.

2) Set aside 50% of the leftover funds for the next three to five years in a lower risk portfolio.

3) Set aside the remainder into a dividend portfolio that can grow over time and affords the investors time for recovery in case there is a weak market in year one or two. Of course investors’ risk tolerance plays a part in this allocation, and may dictate changes to the plan listed above. 

ElderMove Alliance neither receives nor gives any referral fees. Our consultations are at no charge—always.

“Words cannot truly express my thanks for all you did for me at a very difficult time in my life. My calls for help were answered immediately and taken care of. You have been so kind and loving to me, like dear friends.”
—Kenin Abramson