Paying for elder care can be expensive. According to The American Elder Care Research Organization, approximate costs range from $700 to $12,000+ per month depending on the type of care needed.
Oftentimes, caregivers are left feeling stressed and wondering "How can I afford the care mom/dad needs?" A solution to this tricky question is within your reach.
In this Info Article from Texas Realty Buyers, not only will you learn a few ways to utilize the equity in one’s home to pay for senior care, you'll also learn advantages and disadvantages for the different ways to sell your home. Take a deeper look at each of the following:
- Selling to a professional homebuyer.
- Hiring a real estate agent or broker to stage, photograph, list and show the property.
- Selling the property yourself (known as For Sale By Owner or FSBO).
This Info Article is one of many tools in our Caregiver Toolkit, to gain access to the full kit, visit here.