There is a trend toward smaller homes for many reasons, including people having smaller families with less focus on owning things and more on personal development, travel, and outdoor activity. And as time passes, our needs change; if you’re using a small percentage of your home to live in, there is no longer a need for a larger home with multiple bedrooms. If retirement is around the corner, you’ve likely been thinking about adjusting your lifestyle by selling your larger home and moving to something smaller. Or maybe you stumbled upon a smaller home you’ve fallen in love with that would better suit your current needs, or the small home may serve as a base while you travel the country.
As you age, what was once a simple task can become overwhelming, and you need to hire someone to help you care for your property, which can become quite expensive.
Whatever the reason you sought out information on downsizing your home in Tulsa, there are benefits to making this change at any time in your life. So if you’re considering shifting your mindset and decreasing the number and size of the possessions you keep in your home, read on as we explore three reasons you should downsize your house in Tulsa.
Interest
If you’re in a situation where interest is piling up and causing financial distress, it may be time to consider downsizing your home. By selling directly to a local direct buyer like those at Liberty House Buyer, you can be out from underneath your burden in just a few weeks. With a guaranteed closing date set at your convenience, Liberty House Buyer makes the process easy and stress-free so you can focus on your future goals. Don’t let interest keep you from enjoying your retirement – take charge today and sell your home to Liberty House Buyer.
Pay Off Mortgage
If you want to eliminate a large mortgage payment to save money, you should downsize your house in Tulsa. With the equity in your existing home, you may be able to pay cash for all or most of the cost of your smaller home, saving tens of thousands of dollars in interest alone. You’ll save even more by reducing or eliminating your mortgage payments as a bonus. Naturally, with a smaller home, there will also be a decrease in your utility bills. If you’d like to skip the hassles of prepping and showings, a direct buyer like those at Liberty House Buyer will buy your home as-is; you don’t need to worry about inspections or contingencies.
Savings
Whether you need to save more money for your retirement or want to begin saving for an altruistic cause, like a college fund for your grandchildren, you should downsize your house in Tulsa. Often, people are shocked to learn how much they need to save if they wish to retire by age 40; for example, you’ll need to maintain a 20% or lower debt to income ratio. You’ll also save the commissions and closing costs by selling directly to a direct buyer like those at Liberty House Buyer; you’ll also save the commissions and closing costs with no hidden fees.
Let us help you downsize your house in Tulsa; at Liberty House Buyer, the process is easy, quick, and transparent. Let a direct buyer from Liberty House Buyer detail what you’d earn by listing and compare it to our offer, which you’ll agree is fair, so you can decide which method is best for your situation. The goal at Liberty House Buyer is for you to feel good about the deal long after closing. Call Liberty House Buyer at 918-719-2288.