The Best Time to Prepare for the Future is Now  

Posted on

Oct 08, 2020

When preparing to make changes to your current living situation, you need to consider everything from legal, financial services, packing, moving and real estate disposition. And it doesnt need to be overwhelming. There are trusted advisors available for you, in fact, some of these services are complimentary.
Deciding what to do with a long-loved home can be a challenge.The good news is there has never been a better time to sell. While the inventory is low, local buyers are out in droves and more are coming to Colorado from densely populated areas. As of this writing, interest rates are under 3%, the lowest we have seen in decades.
The option of a reverse mortgage enables you to stay in your home using the equity in it for retirement. In a reverse mortgage, the equity you have built up over the years is accessed to use the money any way you want and your heirs are still entitled to the home and remaining equity.
Whatever your needs, be assured you have trusted professionals who will answer your questions and help you plan for your best future.

Editors Note: This article was submitted by Marie Jacobs, Seniors Advisor and Seniors Real Estate Specialist, specializing in One Stop Shopping for Seniors In Transition. You can reach her at 303-919-4122 or email: marie.jacobs@sothebysrealty.com.

Other Articles You May Like

Re-Bath Full-Service Bathroom Remodeling Company in Mobile

Re-Bath Full-Service Bathroom Remodeling Company in MobileIf youve been dreaming of owning a bright, modern bathroom that will meet your needs, Re-Bath is here to help. Were a locally owned and operated bathroom remodeling company in Mobile, AL with a reputation for creating functional, inspiring bathrooms for our customers. We offer a wide selection of products and design options, including tubs, showers, sinks, and vanities. Our bathroom remodelers can also replace bathroom lighting and flooring.Well guide you through the entire bathroom renovation process. During the design phase, well discuss what you have in mind, offer suggestions, and put together a customized design. Your entire new bathroom can be planned and priced in the comfort of your own home. Youll have the choice of various colors and patterns as well as access to our exclusive and proprietary products.Ready for a Change?Youve come to the right place. Our free in-home design consultations, high-end product selections, fast demos, and professional installation will take you from design to done in no timeand with no stress.Out With the Old, In With the New BathroomAdd comfort, style, and value to your home with a completely new bathroom. Our affordable bathroom remodel services make it easy.Looking for Accessible Bathroom Remodeling?You can have Safety Without Sacrificing StyleRemodel your bathroom to be ADA-compliant and enjoy peace of mind while retaining your independence. Re-Bath makes it simple and cost-effective to get a bathroom thats both safe and beautifully designed, in a matter of days.Walk-in BathtubsRe-Baths walk-in bathtubs include innovative safety features and thoughtful design elements that empower you to create the beautiful bathroom you want with the safety and comfort you need. Our ADA-compliant walk-in tubs offer features like grab bars, slip-resistant flooring, comfortable seats, and moreall incorporated seamlessly into an attractive design.Accessible ShowersOur accessible showers help you retain your independence while reducing safety risks. Choose from zero and low-threshold shower bases fitted with our exclusive slip-resistant technology, grab bars, and shower benches. High-Quality Products & MaterialsWell remodel your bathroom with a combination of materials from trusted brands and Re-Bath exclusive products. DuraBath Natural Stone Wall Surrounds DuraBath Wall Surrounds Wall surround patterns Zero and low-threshold shower bases Shower benches Grab bars Slip-resistant technology Faucets and fixtures Learn More About Our Bathroom Remodel Process1.      Free In-Home Design ConsultationOur design consultant will come to you, measure your bathroom, and share ideas for transforming it into the perfect space. Together, youll choose your preferred design style, as well as colors, finishes and products.2.      Removal & PreparationOnce youve chosen your products, our technicians will prepare your bathroom for renovation, carefully removing old materials and handling any necessary repairs before installation.3.      Professional InstallationFrom the flooring underfoot to the lighting overhead, the expert Re-Bath installation team takes care of all the details, delivering your new bathroom in days, not weeks.4.      Post-Care & WarrantyEnjoy peace of mind knowing your investment is protected with warranties on workmanship, installation, and products.Special Financing with 0% Interest for 12 months. Contact Re-Bath Mobile at 251-220-9284 for a free consultation.  Serving the following counties in Alabama: Baldwin, Clarke, Conecuh, Escambia, Mobile, Monroe & Washington.

Unique Older Adult Assisted Living Opportunities

Here is your chance to live in a historically designated building two blocks from bustling Union Station.  Built in 1882, The Barth Hotel was originally a liquor warehouse, but it was soon converted into an upscale hotel. While the Barth Hotel Assisted Living is historic, it provides a home with tall ceilings, large and expansive windows, and beautiful features throughout the building Senior Housing Options (SHO) purchased the property in 1980 to help solve the problem of older adults being displaced in downtown Denver due to gentrification. SHO continues that mission today providing residential communities and caring services to enrich the lives of older adults in Colorado.  The Barth Hotel accepts Medicaid and private pay for a studio unit and is all-inclusive starting at just $4,000 a month.  All SHO Assisted Living properties provide three home cooked meals a day, snacks, medication administration, 24/7-person centered care, housekeeping and on-site maintenance and life enrichment activities that are included in the all-inclusive rate.  Call today for more information at 303- 534-7142 or plan to attend our open house on August 15, from 1:00 pm to 4:00 pm at 1510 17th Street Denver, CO 80202. If a quiet, park-like setting is more to your liking, come visit our Park Hill Residence half a mile east of City Park near the Denver Zoo.  Park Hill Residence was converted from a convent and still possesses its original charm.  There are recently renovated rooms available with the same all-inclusive benefits listed above.  These quaint rooms start at $4,000, Medicaid and private pay accepted.  Another development at Park Hill is the addition of an Adult Day Program beginning Fall 2024 for people 60+ with dementia.  If you would like Information about living at Park Hill or the Adult Day Program, they can be reached at 303-993-5049. Cinnamon Park is our beautiful, assisted living community in Longmont.  Founded by a group of physicians in 1984, Cinnamon Park became a SHO community in 1992.  We currently have availability that includes the same benefits all our residents at SHO assisted living communities enjoy with unit rates beginning at $4,000.  Located in a beautiful residential neighborhood, they share the campus with our affordable living senior community and enjoy many shared activities. We also have open waitlists for many of our affordable housing units too, including hard-to-find two-bedroom units at September House or Decatur in Denver.  If interested, please contact our main number at 303-595-4464. Senior Housing Options is celebrating 45 years of following our vision to assure Colorados older adults live and thrive in a safe, caring community regardless of their financial means.  Please save the date to attend our anniversary celebration on Wednesday, October 16th from 6:00pm 8:00pm at the Space Gallery located in the Denver Arts District.  Industry experts have been invited to speak and a buffet dinner will be served.  More information to follow.  Sponsorship opportunities are available.  Please contact Christine at 303-523-3362 if interested. Senior Housing Options, Inc. (SHO) is a nonprofit organization that serves low- and moderate-income older adults and adults with disabling conditions. SHO is unique in that we provide affordable housing in both the assisted living and more independent settings to those who need it most. We are one of Colorados most long-standing nonprofits in the affordable housing sector, providing the best options for older adults and those with disabilities. Please visit SeniorHousingOptions.org and subscribe to our newsletter, to learn more and keep in touch our phone number is 303-595-4464 and email is info@SeniorHousingOptions.org.

YOU CAN SELL YOUR HOME OVER THE SUMMER IN BRADENTON & SARASOTA

Sometimes you have no choice on when you need to sell your home a job transfer, you saw another home you really want to buy, or you have an unexpected life change.  Selling in the off season such as summer isnt ideal but it can be done, and its imperative its done the right way to get the best results.And, believe it or not, not everyone is on vacation in the summer!  In fact, some buyers have more flexible schedules. There are also plenty of buyers that are just getting their search started and those who didnt find the right house or got outbid during the busy Spring selling season.  Summer really can be a good time to sell your home to one of these off-season buyers who dont want to wait until the Fall or next Spring. Here are our must-do tips for that summertime sale:Target the Right Buyers for Your NeighborhoodAs we mentioned above, there are certain buyers who keep looking over the summer. But there are also buyers who are relocating to Bradenton/Sarasota and have to move pronto. You need to target these different types of buyers, tapping into their needs and wants for a home.If youre in an urban Bradenton neighborhood, with more young and hip buyers, then your focus is on first-time buyers who have more flexibility and may not have a deadline. But, keep in mind, that the buyers still looking into summertime are serious buyers and are ready to find a home and put in an offer.Youll need to price your home right from the get-go, be generous with your terms (offer to pay for closing costs) and make your home a summer retreat for them.Also be flexible with the hours you show your home. With daylight lasting well past dinnertime, be open to later showings. Younger, first-time buyers will find this time more convenient during their work week. Make sure you take advantage of these daylight hours!For Lakewood Ranch or a suburban Sarasota home, your buyers may be tied to the school calendar and want to settle on a home quickly. You still want to price your home correctly to bring in the foot traffic, make it as move-in ready as possible (theyre looking for convenience and dont want to deal with projects), and showcase your home so it looks like a great place for their familys summer staycation.And again, be flexible with your showing hours. Daylight savings means families are on the go later into the evening, but they usually find a lull after dinnertime perfect time for them to see your home.Showcase Your Homes Summer BestNow is the time to make your home shine on the inside and the outside. Make your home bright and welcoming a summertime oasis!Curb appeal and backyard staging will draw buyers in. You want buyers to want to see your home and then envision themselves relaxing and living there. Outdoor living space can be a big selling point, even in the summer in Florida.Plan to spend a little bit on some outdoor dcor, whether its a bistro table and chairs on your deck; patio furniture with colorful throw pillows; or a lovely wooden bench and flowerpots near your walkway. This may be a great time to work with a stager so you dont have to buy many items yourself.Dont skimp on or blast the air conditioning. Dont make your home hot and stuffy so that buyers rush through your home. Or dont make it too cold, that buyers sprint through the rooms. Set your thermostat at a comfortable and cool temperature. If youve already moved, make sure you time it so that your home stays cool during possible showings. Buyers will love to get out of the heat!Brighten up your home. Consider switching out dark colored pillows, throw rugs, curtains, and other dcor to lighter colors.  Clean the windows, open the blinds, and keep the lights on. Even though it doesnt get dark until much later in the summer, you still want to light up the inside of your home.Maintain your yard and water, water, water. Mow your lawn, trim your bushes and trees. Sweep your deck or patio regularly.  The summer heat can make your lawn turn brown water that and all of your flowers in beds and pots.Be prepared for getting your family out of the house. If you have children, selling in the summer can be difficult because they arent in school and are at home, possibly all day long. Hopefully you can keep your home in order as much as possible and develop a good exit strategy for those times you need to show it. Preplan so you know if you need to have a sitter, set up a play date, sign up for a camp, or head out for a long dinner.Putting It All TogetherAs you can see, selling in the summertime doesnt have to be a negative. Youll have more daylight hours to showcase your home, youll see more serious buyers or those on a deadline themselves, and many homes can look their best inside and outside in the summer. All positive!But do keep in mind that summer is slower and there will be less traffic to your home than if you listed in the height of the springtime selling season. That can be a chaotic and rushed time, so the lazy days of summer is definitely a different market. You must keep it all in perspective.Every seller has their own personal specifics and deadline when it comes to selling, especially if you need to list your home in the summer. You MUST know your market and neighborhood so that you price your home right and also have an idea of what you should or shouldnt be doing when negotiating terms.Im here to help you with a summertime sale. I have a sales plan to get your home sold as quickly as possible for the most amount of money possible. Id love to tell you all about it.  Simply email me and we can set up a time to talk and see if selling in the summer is the right move for you.