A Senior Home Partners Case Study
Meet Giovanni.
He's 75. He inherited his parents' home, but with little to no resources, the house had become a burden he couldn't carry much longer. The roof was leaking in three places. He was running low on money for gas and groceries.
He wanted to sell. He just didn't know where to start.
We Started With a Walk-Through
We scheduled a meeting to walk through the home and connect with Giovanni in person.
A few days later, we came back with an Opportunity Analysis. We showed him every path available, from a full remodel all the way to selling the home completely as-is.
Giovanni chose to sell as-is, off-market.
He didn't want to deal with people coming in and out of his house. That was the deciding factor. We respected it and went to work.
When the First Plan Didn't Hold
We brought the property to the investor market and found a buyer.
Then that buyer backed out. After taking a closer look, they realized the home wouldn't work for what they had in mind. It happens more often than people expect.
At that point, we had an honest conversation with Giovanni.
We knew that what the investor had offered was about the ceiling for that market. Staying off-market wasn't going to get him the price he needed. So we showed him why listing the home publicly, still selling it as-is, could get him somewhere very different.
He trusted us. We moved forward together.
One Weekend. Seven Offers.
We got Giovanni's home on the market.
In one weekend, seven offers came in.
We negotiated for a higher purchase price and for terms that gave Giovanni enough time and money to make his move.
The final sale price was significantly higher than anything the investor market had offered. The off-market offers came in at roughly 60% of what the home ultimately sold for.
What Happened After the Sale
We worked with Giovanni every step of the way. From grocery store runs to helping him move into his new apartment.
For the Families Reading This
If you know someone with a home that needs a lot of love, please don't let them sell without talking to us first.
Off-market isn't always the wrong answer. But it is always worth a call to make sure you're seeing all your options before making a decision you can't take back.
Your profit is our priority. Your peace of mind is our purpose.
Senior Home Partners serves families throughout King, Pierce, Thurston, and Snohomish counties in Washington. Reach out today for a consultation.