How Selling Your Parents Home Helps Pays for Assisted Living

10/15/2022

If you're considering assisted living for your elderly parents, one option to cover the costs is to sell their home. Here's what you need to know about this approach:

  • The proceeds from the sale of the home can be used to pay for assisted living costs.
  • You may need to get approval from your parents (and/or other family members) before proceeding with the sale.
  • It's important to work with a real estate professional who has experience helping people sell their homes for assisted living purposes. They can help you navigate the process and ensure that you get the best possible price for the property.

It might have taken months or even years, or maybe it happened suddenly. Whether Mom had a fall and can't go home from rehab or Dad is finding it hard to stay independent at home, there comes a time when you need to make a change.

Selling your parents' home to pay for assisted living costs can be a difficult decision to make, but it may be the best option for your family. With the right planning and support, you can make it through this process and ensure that your parents get the care they need.

If you're considering assisted living for one or both of your elderly parents, working with a real estate professional who has experience helping people sell their homes for this purpose can be a big help. It's important to consult with experts and get all the facts before making a decision, but if selling the family home is the best choice for your situation, we can help.  We can assist you in navigating the process and ensure that you get the best possible price for the property. 

Our compassionate and professional team will guide you through every step of the process, from decluttering and preparing the house for sale to handling paperwork and finding the right buyer. We have extensive experience helping families in this type of situation, and we're here to help yours too.

Give us a call at 717-715-0010 and contact us today to learn more about how we can assist you in selling your parents' home.


Recent Posts