A 4-Step Downsizing Plan for Today’s Homeowners

Do you have a downsizing plan for your house? Lifestyles change and along with them, the requirements you have for a home change as well. In addition to finding your new smaller home and the hassles of listing and selling your current larger home, the task of downsizing can seem overwhelming. Going through a lifetime of memories and belongings can be emotionally stressful as well. We have broken it down into easy-to-manage steps to help make the process easier for you! Read on to learn more about our four-step downsizing plan for homeowners

Sorting

The first step in our downsizing plan for homeowners is to sort their belongings, keeping in mind the limits on space in a smaller home. You can begin by sorting items such as clothing and kitchen or household supplies by the amount of time that has passed since last used, a common timeframe for this process is to eliminate items that have not been used within one year. As to decorative elements and furniture, rather than keeping items based on the market value, decide what you will be taking with you by what each piece means to you personally.

Selling

Moving forward to the second step of our downsizing plan for homeowners is to sell any valuable items you are ready to discard. The internet provides avenues to sell larger pieces like furniture locally, through sites listing items for sale, local rentals, and jobs, which are heavily trafficked. For more special items, there are sites that specialize in nearly any type of collectible. Additionally, there are sites where specialized items are gathered under one domain, with several categories of listings. Be certain to provide plenty of images of each item.

Donating

For many, giving their items to charity is preferred as a method of clearing all of their items, donating these goods is the third step in our downsizing plan for homeowners. Likewise, many people choose to donate those items that are still in good condition but either didn’t sell or do not carry enough value to advertising. Often, charitable organizations will come to your home and pick up the items you are donating, making the process easier for donors. Depending on the value of your donation, you may want to consider consulting your tax advisor in order to take any deductions for which you may be eligible. 

Recycle or Dispose

For those belongings not quite up to par to sell or donate, it is time to decide if they are ready to become trash or recycling material. You may be able to recycle clothing and other textiles as well as electronics. Remember, there are rules governing how much trash can be placed out for pickup as well as how it must be bundled. Depending on how much you are clearing out, you may have hire help to assist you. You may also need to pay to have a larger trash dumpster delivered and picked up after you have filled it.

Ready, Set, Sell!

In many cases, the best downsizing plan for homeowners is to sell directly to a home buyer or real estate investor. Pack up what you want to keep and leave the rest. A Home Buying Specialist will make the process easy, walking you through every step.

John Medina Buys Houses uses simple and straightforward contracts. We can close quickly, usually in 30 days or less. Working with professional home buyers in Los Angeles like John Medina Buys Houses also means you are relieved of the headaches of “getting ready to list” your home. You won’t have to worry about painting, repairs, cleaning constantly for showings, and all the interruptions. John Medina Buys Houses can buy your home with a fair market value offer, as-is and even handle clearing out your unwanted items for you. 

To learn more, send us a message or call us directly! (310) 928-9688

John Medina Buys Houses buys within a 30 mile radius of our offices in San Pedro California. We are, however, networked with reputable home buying companies throughout the country.