Should I Sell My House Because of an Illness?

Unexpected life events can create challenges that are difficult to overcome. In situations such as a decline in physical health, you may be faced with the need to sell your house. This can be an emotional decision to make, especially when you are already dealing with an illness. You will need to carefully determine the best solution for your individual situation. For some, that could mean selling their current residence. The benefit of this option will depend on several factors.

How to Decide if Selling Your House is Right for You

In certain situations, selling the home could be worth the effort in order to benefit the person who is sick. There are many reasons why transitioning to a smaller residence or moving to a different location could be the best decision. If you have a critical illness and are trying to decide if you should sell your house, here are 3 questions to ask yourself:

Is it difficult to maintain the house?

When you are sick, managing the household could be significantly harder than it used to be. Simple tasks such as mowing the lawn or minor repairs could be overwhelming. It can also be expensive to hire someone else to do this work. Not only will neglecting to maintain the house decrease the value, it might even create an unsafe environment. Any unfixed repairs could cause hazards that lead to a fall or other injuries. Having difficulty maintaining the house might be an indication that it is time to sell.

Could you benefit financially from selling the house?

A critical illness is often associated with medical bills or the need for a caretaker. This can be financially taxing, especially if the situation arises unexpectedly. The profit gained from selling your house could help cover some of these costs. Downsizing might also be more affordable in the long run. Additionally, this creates the opportunity to sell any unnecessary or unwanted furniture around the house. Selling your house could be a good way to manage your financial situation.

Are the other household members able to move as well?

If there are other inhabitants of the house, such as family members, you will need to consider if they are able to move as well. You want to be aware of uprooting children from a public school district or moving to a location that is inconvenient for someone else. Also, would it be feasible to move to a smaller house? Selling your current home does not always signify downsizing, but you want to make sure that if you sell your house you can easily transition to a residence that is large enough for all household members involved. If you live alone, or if the other residents of your household can manage moving, selling your house may be the best decision for you.

If you have decided you would like to sell your house, there are many actions you can take to prepare the property for the real estate market.

Tips for Selling Your House When You are Ill

Selling your house when your health is in critical condition poses new challenges. Preparing a home to be sold can be a laborious process, and you may not have the physical capability to carry out all of the necessary tasks. You will likely need to rely on support and help from family members throughout this process, but that doesn’t mean it cannot be done. Below are tips to guide you along the way:

Don’t skip cleaning and organizing the house

This can be one of the most crucial steps to take when preparing the property to be sold. You will want to throw away or donate any unwanted belongings. Don’t just stack everything into the garage—this can create more problems later down the road. It hinders the ability of an accurate appraisal of the house. Deep cleaning will also improve the appearance of the house and make it more attractive to buyers.

Make the house presentable

When a buyer views your home, you want them to be able to picture themselves living there. Take down family portraits to make the house seem more neutral. You will also want to conceal any medical devices that could hint at the reason for the house being sold. This helps to maintain a professional process that is solely focused on the value of the property.

Prioritize your health

Even if selling your house would be beneficial in the long run, it can still cause initial stress by going through the process. Don’t sacrifice your health or take on more than you can handle. Be sure to ask for help and rely on those you can trust. One way to alleviate many of these stressors is to sell the house to a professional home buyer. This will minimize necessary cleaning and preparation while also avoiding house showings. If you are looking for a fast and easy way to sell your house, selling it to a professional home buyer is great option.

Selling your house will also managing a critical illness might seem overwhelming. We are here to help you make the decision that is right for you. We buy houses in Massachusetts in any condition or situation. Interested in selling your home? Let us make you a fair, no-obligation cash offer today. Call us at 781-309-7085.