Aware Senior Care Blog
Aware Senior Care teams up with Deb McCutcheon, a senior real estate specialist, to provide tips for seniors searching for apartments and housing in the Triangle.
by Deb McCutcheon
Deb McCutcheon is a real estate agent with the Lindsay Real Estate Group in Raleigh, NC and a founder of the Triangle Aging in Place Council.
When a Baby Boomer becomes an empty nester, or a Senior loses a spouse, becomes infirmed, or no longer desires to manage a large house and yard, a move to the “right-sized” home or apartment can greatly improve their quality of life. But, then what? As a Senior Real Estate Specialist (SRES), I help ease the transition.
Don’t let decluttering overwhelm you.
Years of memories are stored in attics, closets and basements. It can be overwhelming. If possible, start decluttering one drawer, one shelf, or one box at a time. Allow yourself a moment to embrace the memories of past events and loved ones. It may make it easier to let go of old photos and mementos. If the move is large or imminent, consider using a Professional Organizer or Senior Move Manager. They can assist with Estate Sales and Auctions.
Talk to a SRES before making a lot of costly home repairs.
An SRES can evaluate the current value of your home, the estimated cost of repairs, and the expected value of the home after repairs are made. Depending on your timeframe, extent of repairs needed, and available cash on hand, your SRES can guide and inform your decision to sell your house “As Is” or to make needed repairs. Typically, you can expect a lower sales price with an “As Is” sale. However, it may be the best option if you need to move quickly.
Consider moving first and sell the house when vacant.
Most seniors find it easier to move first and have their house prepped and sold while vacant. This removes the need to leave home every time the house is shown and to constantly keep everything tidy. Furnishings not going to the new home can remain to “stage” the home for sale. And if funds are needed from the sale of their current home in order to move, I advise clients to consult their banker. Taking out an Equity Line and paying it off when the home sells might be in their best interest.
Find a new home that makes you feel safe and lets you stay active.
Proximity is a priority.
• Parks, arts & entertainment facilities
• Medical facilities, in-home care, meals-on-wheels and social services
• Public and private transportation / safe sidewalks
• Shopping facilities and volunteer opportunities
Boomers and Beyond