Finance
February 2, 2024
According to several popular publications, moving is one of the most stressful life events that people go through. Pretty much everything about moving is stress-inducing, even if it’s an extremely exciting move where you’re moving to a better house or your dream destination. It’s a lot of work, and it’s an emotional experience.
If you’re considering selling your home to access the equity in it, you’ve probably resigned yourself to the fact that you’ll have to move, but that doesn’t necessarily have to be the case. Sell & Stay, a residential sale-leaseback program offered by EasyKnock, will allow you to sell your home, convert your equity to cash, and stay in your home.
Selling, Packing, and Moving are a Stress Headache
From beginning to end, there’s a lot of trouble that comes with moving. If you own your home, you’ll likely be listing it on the real estate market if you plan to get the best possible return on your investment. That means cleaning, repairs, paperwork, and countless showings during which you’ll have to figure out what to do with yourself and your family (pets included). The selling process can wind up costing you a lot out of pocket, which is just one more source of stress in moving if money is tight.
Once the house sells, you’ll have to pack up your stuff. This means tons of boxes, lots of heavy lifting, and ideally a reduction in inventory. Letting go of things so that you can more easily transport your household can be difficult.
Once you’re packed, you’ve got to get it all to a new place. Finding a new home can be another sticking point in the moving process; it’s not always easy, especially when inventory is notoriously low as it is now since the market is so hot. If you’re hiring movers, it’ll cost you money and a little peace of mind. If you’re hauling your own stuff, it can be physically taxing, and you may have to rely on friends to help you move larger items.
Moved In? Now it’s Time to Unpack
Unpacking, while generally less stress than packing and moving, can be a handful, as well. You’re probably already tired from moving and deciding how to fit the contents of one house into a new one can be a lot like putting together a jigsaw puzzle with no picture.
Getting Used to a New Home is Tough, Too
Once you’ve gotten through the hardship that is moving, you’ve still got to get used to your new place. This can be tough for anyone, but it’s particularly rough on kids and pets. A new environment can be stressful, and homesickness can become an issue.
It’s Not Necessary
You don’t have to sell and move. Instead, you can Sell & Stay! This means that you can get the benefit of pocketing home equity without having to move. It’s perfect for people looking to build their own homes, those looking to gain financial freedom by using their equity to pay down debts, and people who are in a tight spot financially and need their equity to get back on their feet.
If you’d like to sell your home but avoid the stress of moving, give us a shout!
Key Takeaways
If you’re thinking you need to endure moving stress in order to access the cash in your home, we’re excited to let you know there is another solution. EasyKnock’s sale-leaseback programs allow you to sell your house, convert your equity to cash, and stay in the home as a renter. If this seems like a potential solution for your needs, talk to a financial advisor today.
