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 Canton, 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 Canton.
Interest
Interest can be a financial burden, but you don’t have to suffer forever. If you’re in Canton and need relief, consider downsizing your house. You can be out from under your debt in a few weeks by selling directly to a local direct buyer like Asheville Cash Buyers. With a guaranteed closing day, Asheville Cash Buyers can work with you to create a better life for yourself in retirement. Don’t let interest weigh you down – take charge today.
Pay Off Mortgage
If you want to eliminate a large mortgage payment to save money, you should downsize your house in Canton. 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 Asheville Cash Buyers 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 Canton. 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 Asheville Cash Buyers; you’ll also save the commissions and closing costs with no hidden fees.
Let us help you downsize your house in Canton; at Asheville Cash Buyers, the process is easy, quick, and transparent. Let a direct buyer from Asheville Cash Buyers 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 Asheville Cash Buyers is for you to feel good about the deal long after closing. Call Asheville Cash Buyers at 828-672-3250.