RETIREMENT
Looking to extract equity without having to pay the costs of fixing your property or Realtor fees?
Let the team at Honest Home Solutions show you the advantages of a cash offer! We can save you the hassle of making repairs, eliminate the time lost getting the home ready for market, and bypass the need for a home inspection, appraisal and realtor fees, allowing you to get the maximum equity from your home with a minimum investment of your time and money.
Should you sell your home before you retire?
Getting ready to retire is an exciting time, especially if you’ve been planning for it for years. There are a lot of things to consider, but the number one thing is ensuring your finances are in order. A lot of individuals decide to sell their home before they retire, whether it’s for convenience, financial stability, or another reason.
Question is, should you sell your home before you retire? Here are a few things you will want to consider.
Check in with your finances
If you’re the least bit concerned that you won’t be able to afford to retire, you will want to consider selling your house for a bit of added financial security. Let’s say your home is worth more than what you own on it – whether that’s because of the current housing market, renovations you’ve done, or the amount you’ve paid. Selling your home could have you walking away with a big chunk of money. You can take this amount and divide it up as you see fit: buy a smaller place that needs less maintenance and costs less and use the rest as extra padding in your retirement account.
The good news is, even if you don’t have a ton of equity in your home, you could still walk away with a decent chunk of money. In this housing market, you’re likely to walk away with more money than you paid for the house.
Take a look at owing balance
For most people, the goal is to have your loan paid down as much as you can by the time you’re ready to retire. But life happens, and that isn’t always how things work. Sometimes, there is still a decent amount left on your mortgage yet you’re ready to retire. If you’re in this situation, you may want to still consider selling and moving to a smaller property. This way, you’ll have a lower monthly payment, and you’ll have more cash that would have been spent on interest.
Property taxes matter
Something that may have changed over the years: Your willingness to pay more for property taxes. Odds are, when you purchased your home, your goals and expectations were a lot different than they are now. If your home has high property taxes, you’ll want to keep this in mind: Even if your mortgage is paid off, you may still pay a lot of money in property taxes. That’s because property taxes usually increase over the years. That means you may have to pull from your retirement savings to cover the property tax increase.
Low maintenance is key
As you age, you likely won’t have the energy to keep up with the maintenance and repairs your home might require. On top of that, the financial burden of repairs and maintenance may be something you don’t want to keep up with either.
Contact Honest Home Solutions
Before you begin paying a lot in repairs or the idea of moving is overwhelming and too physically demanding, you may want to consider selling. Time is of the essence and you want to make the most out of your sale. Contact Honest Home Solutions to receive a quick, fair sale, so you can focus on the next chapter of your life.
Erik’s Insight
Let Us Save You The Hassle!
In this video, Erik talks about the challenges of getting equity out of an older property, and how we can eliminate all the hassles.
Are you approaching retirement and looking to pull the equity out of your home, but facing significant expenses? Getting an older home ready to sell can be expensive and take more time and energy than you may want to put into it. That’s where Honest Home Solutions can help! We will come out to your property to meet with you, make you an offer right there and can have cash in your hand in as few as 7 days! Why deal with all the hassle and time of a retail sale? If you want to get the equity out of your home with as little hassle, cost and time as possible, give us a call!
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Why Choose Honest Home Solutions?
We make solving your real estate problem a quick and stress-free process, with little or no cost to you.
No Commission
You don’t have to hire a Realtor®, so you don’t end up paying the commission a real estate agent would normally charge you.
No Fees
There are no hidden fees for our services, we make our money from renovating and reselling your property.
No Home Inspection
We can inspect your property for ourselves to determine a fair price, so you avoid this added cost.
No Home Inspection
We can inspect your property for ourselves to determine a fair price, so you avoid this added cost.
No Appraisal
We don’t require an appraisal to make an offer on your home, saving you from another potential cost!
No Appraisal
We don’t require an appraisal to make an offer on your home, saving you from another potential cost!
No Showings
You don’t have to worry about getting your home cleaned up and ready to show for buyers walking through your home.
No Wasted Time on Market
No need to wait while your home sits on the market. We can settle and have cash in your hand is as little as 7 days.
What people say
What people say about us
Working with the Honest Home Solution’s team was a great experience for me and my husband. We owned a property that needed extensive repairs and we weren’t ready to take on the project ourselves. Erik came out and evaluated the costs to renovate the home and made us a very fair cash offer on the spot. We couldn’t be happier to have this weight lifted off our shoulders. Erik and his team were professional and communicated with us during the whole process.
Barbara L. 
“I thought land lording was going to be easy, boy was I wrong! I’m so relieved to have found Honest Home Solution’s to take this property off my hands and deal with the problem tenant’s. I was losing money and couldn’t find anyone willing to take on the issues at hand. Erik and his team moved quickly and efficiently to get me to the finish line in record time. Thank you, Erik!”
Angela G.
“My experience working with Kelsey was positive and informative. She is a very good and thorough communicator, always very responsive and kept me informed with what was progressing with the transaction. I would recommend her to anyone that wants to keep involved and would have any questions during the transaction process.”
Scott H.
“I was facing foreclosure and didn’t know what to do. Erik and his team quickly found a solution for me and helped me with a short sale. They were even able to get my wife and I relocation assistance to help us move into our new place. Honest Home Solutions can truly help anyone on a tight timeline and Erik always sticks to his word, even when the situation is tough. I am tremendously thankful for the help Erik and his team were able to provide me.”
William J.
“My experience working with Erik and Honest Home Solutions was easy and stress free. I inherited my mother’s property after her passing and didn’t know how I was going to keep up with it or sell it while living in another state. We found Erik and his team online and they were able to settle on my mother’s property in a few short weeks, we didn’t even have to travel to attend the settlement. Erik went the extra mile for me to make sure there was as little inconvenience as possible during this difficult time.”
Brenda D.
“Working with Erik, Scott, and Kelsey was a great choice for me and my wife. We are getting older and couldn’t keep up with our 2 acre property. We got Erik’s postcard in the mail and spoke with Scott to set up an appointment for Erik to view our property. Erik stuck to his word and got us the money we were promised and settled on time. I would recommend Erik and his team to anyone looking for an honest, no BS company.”
Charlie C.
“After 15 years of marriage, my husband and I decided to separate. On top of all the other difficulties of a separation, having to worry about what to do with our house was one of our top concerns. We made the decision to call local real estate companies who could help us quickly. Erik was the most honest and trusting of all the companies we met with. My ex-husband and I were able to agree on Erik’s price and leave the property behind amicably with money in both of our pockets. Erik was professional and dealt with us compassionately as we were going through this stressful time.”
Deborah B.
“It was a pleasure working with Erik and the Honest Home Solution’s team. I had to unexpectedly relocate to another state for work and even though my home was in great condition, I had to sell quickly. Erik was able to provide me with the highest and fairest offer in town. I would highly recommend Honest Home Solution’s to anyone who is looking to sell their property.”
George C.
“Working with Nick & Erik was very easy. After retiring recently, I decided I wanted a change and Nick and Erik were able to list my property on the market and handle everything from showing the home to negotiating with Buyers. They sold my home for $5,000 over what I was asking! You couldn’t ask for more intelligent and upstanding guys to work with when choosing to sell your property.”
Doris N.
“Erik was honest and forthright throughout the whole process. He made the transaction very easy and explained everything the very first time we met. He removed all the stress and the headaches from the whole transaction!”
Bill F.
Start Solving Your Problem Today!
Give us a call and speak with us about an honest and convenient solution to your real estate challenge.
ABOUT US
Frequently Asked Questions
Do you have any questions about Honest Home Solutions? We’re here to answer! Below you will find answers to the questions we get asked the most. If you don’t see your question here. Drop us a message here.
Believe it or not, we hear this question a lot! We have perfected a business model that allows us to purchase homes for cash, as-is, and with a contract that will ensure both buyer and seller are protected from default. We invite you to review the testimonials of our past clients to see for yourself. We are committed to excellence in every aspect of our process and we look forward to working with you!
We can settle and have cash in your hand in as little as 7 days. We ALWAYS settle on your time frame whether it’s as soon as possible, or even if you need a few months to prepare for a move.
Absolutely not! We purchase homes in ANY condition, from poor to excellent. About 10% of the homes we buy would be categorized as excellent and/or market ready condition. We can provide a seller with a guaranteed sale immediately, keeping them from what can sometimes be a very long wait selling on the market AND the hurdles that can be involved in a retail transaction!
The only costs for a seller would be a 1% transfer tax and a deed preparation fee (usually around $150). The Commonwealth of Pennsylvania requires a 2% transfer tax to be paid on the sale of any property. Honest Home Solutions covers the remaining 1% to match the seller as well as ALL other costs necessary to buy and sell the home! There are NO Hidden fees to a seller! This simply means that a seller will walk away with a check in the amount that was agreed upon for the sale of the home!
We use the current market value to determine a cash offer. The formula we use is very simple and it helps us ensure we are paying you the MAXIMUM Amount Possible! Our first step is to determine the market value (ARV) of your home by running a Comparative Market Analysis. We then subtract our costs to purchase the home, the costs of the needed renovations (if any), and the potential return on investment. Our cash offer is guaranteed to be the highest possible amount while considering the costs we accrue.
We will buy property almost anywhere BUT we have a primary focus in south central Pennsylvania. We have a presence in Dauphin, Cumberland, York, Lancaster, Adams, Lebanon, Centre, and Franklin Counties. If you have a property somewhere other than these counties, please give us a call! We love working with sellers to find the perfect solution for the sale of their home, no matter the location.