Is it time to sell my Phoenix home and move to senior living?


A lady that has worked for me for sometime has been going back and forth about whether to sellselling phoenix home her Phoenix home.  Her husband passed over last year and she's been getting a lot of pressure for others to sell her home from lots of people. She keeps asking me every couple of weeks and we go over the pros and cons of staying in her home or selling her home.



Every time we talk I let her know that it is her decision and that she'll know when to sell her Phoenix home as it will feel right.



Here are the PRO'S of selling her Phoenix Home:

  1. She wouldn't have the upkeep and maintenance to take care of anymore.
  2. She wouldn't have a big house payment anymore.
  3. She wouldn't be staying up all night worrying about what she should do.
  4. She'd have a chance to start a new life in a new place.

Here are the CON'S of selling her Phoenix Home:
  1. She'd miss her big house and lots of space outside and her pool.
  2. She can't stand the thought of living in an apartment with no yard.
  3. She could make more money 2 years from know if she waited to sell.
  4. She doesn't want to live in another area as she likes her neighborhood.

Her daughter is coming to visit over the weekend to help her Mom sort through all the issues.  Her daughter means well but the lady is afraid she'll be 'pushed' to move and she doesn't want that to happen. We talked about this again today and I reassured her that it is her decision. She's of able mind and body and if that were different it might look a whole lot different.  


I let her know again that I was sure her daughter meant well and only wanted the best for her. We will be meeting on Monday afternoon to go over her options with her daughter and by then I have a feeling she'll be able to make her choice either to stay put for another year or two or to put her house on the market to sell now.  Wish her all the best - it's a trying time for her.


 Is it time to sell my Phoenix home and move to an active adult area?

 

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This post has been included in Arizona Real Estate News Maricopa County, AZ Real Estate News Phoenix, AZ Real Estate News
Post is included in group: POSITIVE ATTITUDE for the Weary Soul
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24 Comments on Is it time to sell my Phoenix home and move to senior living?

20 Most Recent Comments Displayed Show All

JUN
08
2012
1,013,694 Points 4 Featured Posts

I am sure you will help her every step of the way and YES, she will know.

6:45pm • #5
484,974 Points 83 Featured Posts Outside Blog Called Shot Master

Anna, It seems like your lady friend needs to stay put a little longer until she is overwhelmed with positive reasons to move.

7:59pm • #7
JUN
09
2012
802,193 Points 98 Featured Posts Outside Blog Called Shot Master

This is a big decision to make. Your list of pros and cons brings clarity to many of the issues Anna.

12:15am • #8
1,371,722 Points 71 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

That is really a difficult decision. I would HATE an assisted living facility or senior living. But I know many really thrive there..................great list, Anna!

In Germany there is a saying: You don't transplant Old Trees...............my folks moved to Sun City here in Florida, about 45 minutes from where they had lived for about 40 years.............they only lived there a few years and were miserable. You just don't move Old Trees. New neighborhood full of strangers.............

4:28am • #9
276,190 Points 17 Featured Posts Localism Sponsor Outside Blog Attended Rain Camp Called Shot Master

This must be one of the most agonizing decisions for a family.  The kids are usually in favor of it  because then they won't have to worry about their parent(s) but the parents really hate the change it represents.

5:07am • #10
742,335 Points 16 Featured Posts Outside Blog Called Shot Master

Anna, I think you've stated the pros and cons where she will be able to make an intelligent decision. It is her decision.

5:23am • #11
724,613 Points 59 Featured Posts Outside Blog Called Shot Master

Good Morning Anna, congratulations on the featured blog. We have many similar conversations here in NH with home owners on when is the time to consider over 55 communities. All over 55 communities are not created equal and the ones run correctly have alot to offer.  Have a great Satuday

6:18am • #12
949,593 Points 52 Featured Posts Called Shot Master

You can live more economically on a cruise ship than you can in a senior community!  Some cruise lines will take you anywhere you want to go for a fraction of the cost, and they include 3 meals a day, warm climates, live entertainment and maid service.  And when you croak, they simply throw your body overboard:-)

6:23am • #13
495,023 Points 5 Featured Posts Outside Blog Called Shot Master

Anna, it is a difficult decision to make, I came across several transactions with the similar situation, I suggest to the  homeowner, to add up all the monthly expenses by staying in the house for the number of years, also the maintenance and repairs along the way. Most of them make the right decision to sell the property and move on with a happy life - no worry and care free. I wish you good luck.

6:35am • #14
861,382 Points 70 Featured Posts Outside Blog Called Shot Master

I like what Myrl contributed above me in Summer cubicle #13...Your post reminded me of the many problems of the rich and well off

6:36am • #15
1,756,775 Points 20 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Anna,

The trend is overwhelming for people to stay in their current homes as long as possible - even indefinitely. If she thinks it's expensive now, what until she moves unless she can qualify for subsidized housing. She might also look at a reverse mortgage. :)

Steve

6:49am • #16

I encounter the scenario regularly, Anna, and there's often a #5 to the "con" list:

5.  Her Doctors, who have seen her forever and know her well, are local, and she'll lose easy access to them.

7:33am • #17
886,830 Points 47 Featured Posts Localism Sponsor Attended Rain Camp Called Shot Master

Anna, a difficult decision for sure. Maybe she could find a smaller home in the neighborhood?

Sharon

11:45am • #18
1,178,680 Points 87 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Anna, those are tough decisions that your friend needs to make, but hopefully her family will help her to make the best decision. I have a client that I am working with right now and those are her concerns as well.

2:13pm • #19
525,374 Points 10 Featured Posts Outside Blog Called Shot Master

Anna, thank you for everything....you have been so, so kind to me...

As for the lady, I see this frequently since I work with the seniors, and their kids mean well.  But, the kids worry about Mom living alone and when they will get a call that everything, including the house, has to be dealt with NOW. 

I know that you will be able to help her after she has made her decision whether this is the right time or not.

3:17pm • #20
1,143,353 Points 124 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

David she's been up and down about what to do for almost a year.  I keep suggesting to just wait a bit until she's 'crytal clear' and making a move for the right reasons for her - not for somebody else.

Kathy - exactly.

Charles - of course I will!

Laura - hmmmm kind of.

Debbie - my thoughts exactly.

Tom it is a big decision - one we'll all face at some point.

Barbara Jo I think people either make things work for the good or resist the good that change can bring about.  My folks actually like living in their senior apartment. My Mom wasn't too keen at first but she quickly appreciated the no cooking is she didn't want to and so many good friend close by.

Kathyrn - seems that way.  I think whatever works best for the parents as long as they're able to function well on their own etc.

Michael - indeed so.

Scott we've got a lot of fabulous Active Adults Areas which are more like country clubs!

Myrl.....gotta love it. Cruizing until you croak. Now that's living with adventure!

Kwee - good ideas.   Sometimes money is a critical issue that forces a move, other times it's not about money but rather health, upkeep etc.

Richie - this lady is not so rich and well off. She's on a smaller budget and is still working to help out her daughter who lost her job.  Hard working sweetheart.

Steve - subsidised housing housing could be an option.  I'll look into that for her. She still won't like a small space.....she's a doer and has to be doing something.

Raymond yes that is a factor as well. Good point.

Sharon I don't honestly think she can qualify for another home after all she's been through.

Ed - yes hopefully her daughter eases the frustration rather then adding on more.

Ron -  my pleasure. I hope that you're feeling a little better today - I know it's tough to lose a loved pet. And yes, kids do worry about their parents. We sure did - especially My Dad after my Mom passed away. He wasn't able to be on his own and it was tough.

 

5:47pm • #21
1,057,838 Points 246 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Anna- this is a tough decision that so many of us will have to make.  And, it's a hard one.  My good friend lost her husband 2 years ago and while it would be easier on her to be in something smaller, she has the funds to keep up the property.  I think that it would be harder on her to move into a different neighborhood and lifestyle.  And, I think she'll know when the time is right. 

7:07pm • #22
295,160 Points 20 Featured Posts Outside Blog Called Shot Master

Ms Anna Banana,

That's a tough one that more and more seniors need to make.  At some point the upkeep of a single family residence become burdensome.  Too often I see the homeowner who waited too long.  Hopefully the daughter takes an active role in decision making.

 

9:01pm • #23
JUN
13
2012
110,295 Points Attended Rain Camp

That lady is lucky to have you as her realtor! I think it is sad when family members try to pursuade someone to move when they are still very competent to make their own decisions. Sometimes staying in a neighborhood that is famiar with friends nearby means so much to a senior. If they have the financial means to stay, can take care of themselves and are competent, it should be their decision. I'm sure her daughter means well.

5:12pm • #24

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Anna 'Banana' Kruchten - Phoenix Real Estate Broker,CRS 602-380-4886 (Phoenix Property Shoppe) Ambassador_large

Anna 'Banana' Kruchten - Phoenix Real Estate Broker,CRS 602-380-4886

Phoenix, AZ

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