I have property that needs repair before I can sell it and i have savings. my income is retirement and ssi but i cannot afford to move to independent living nor assisted living so all i can do as far as i can find is to sell off everything and get a small place and hire a caregiver for a few hours a week. I have a friend who has minimum ssi and gets a state subsidy and all the medical care she needs and a paid for caregiver allocated by the state and has better care than I can afford. What have I done wrong?
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I work for a small real estate company, and we rarely ask the Seller to modernize the house. Maybe do some small fix ups where a handyman can come in and repair in one day. The houses here do sell quickly "as is".
Like, who wants to go through the hassle of updating and not be there to enjoy the house for a couple of years. We, as caregivers, have enough on our plate without rebuilding our parent(s) house !!
I did "as is" with my Dad's house and he got a good price. If I had spent funds to update the house, Dad wouldn't have gotten back what he had put into the house.
There's nothing wrong with selling the house to an investor below market price - so he has to deal with repairs, workers, and the like. You don't want to deal with people who might steal from you either.
You
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