Can you believe it? It's projected that by the end of this year, nearly 45 percent of all households in the United States will be headed by someone 55 or older, according to the National Association of Home Builders. To meet the needs of this market sector, more home builders are offering single-family homes in an active-adult age-restricted community.
The draw for these communities includes living among others of the same age and interests, home maintenance services, added security, accessible-design features, planned activities, proximity to health care and retail establishments, and access to fitness and recreational amenities.
CHRON tells us, “For many people of a certain age, the burden of keeping up with an older, bigger home is greater than the burden of a new mortgage,” said Paul Silverman, a Houston-area Realtor with the Seniors Real Estate Specialist (SRES) designation.
Jan and Curtis Brown own a home in Wellspring at Tamarron, a 55-plus gated community. After becoming grandparents, and with their three sons well into adulthood, the Browns decided to move into a smaller home in age-restricted active-adult communities
“We enjoyed living in a bigger house, but time was coming up for us to spend thousands upon thousands of dollars in repairs and retrofitting,” Curtis said. “When we found the opportunity to move, it changed a lot of things for the better. We still have more than enough room when the grandkids come over, and we’re living in a home that is perfect for this stage in our lives.”
Companies That Buy Houses for Cash
If you are thinking of moving to an active-adult age-restricted community like the Browns, call Coal to Cash Homebuyers, Inc. We buy houses at slightly under market value, close in less than 30 days, make necessary repairs, and sell the property for a profit.
How does our process work? We know your neighborhood and the house prices. We purposely examine your house, note any deficiencies, figure out what it would cost us to fix those items, and at what price we could sell the refurbished house.
We note that the house may need some work such as garage instead of a carport and a kitchen that needs updating. We explain that today’s buyers want granite counters, double sinks, dishwasher, stainless appliances, modern lighting, and modern cabinets. You may not have the money to make those changes to compete with other sellers.
We explain how we calculate the profit we need on our investment and then make an offer for your house.
We will tell you, with us, you don’t have to adjust the sale price for the cost of the repairs pointed out by an inspector. We point out that there are no realtor commissions of five to six percent to pay out of your proceeds. In fact, there are no fees whatsoever. There are no open houses to live through and no fears that something goes wrong when it’s time to close.
Isn’t that what you want?
You want a clean sale. You want a fair offer, and you want to know how we arrived at our offer. Then you want to sell your Los Angeles home for cash quickly, so you can pursue your new lifestyle like the Browns in an active-adult age-restricted Community.