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Hedging your bets: As a “gray tsunami” weighs risks of selling the old house, fall seminars are a way to prepare

Invoice Anthes, in his mid-70s, has no intention of transferring out of his home in Centennial’s Homestead Farm this yr.

“I like my house; I have plenty of room for storage,” he says, including that he might think about staying proper the place he’s for maybe one other three years.

However, final week Anthes was in a room filled with folks that he refers to as a part of a “gray tsunami,” getting educated in regards to the intricacies of that inevitable large sale, at a free seminar titled “Low-Stress High-Yield Moves,” by The Steller Group Senior Options, Realtors specializing in seniors.

“You have to have a mind-set to be ready for it,” Anthes mentioned, who spent his profession educating monetary planning and says he’s already explored the timing of that eventual transfer for 2 years now. Whereas having lunch with plenty of folks he met who had been weighing their very own choices, he heard detailed discussions of a dozen quandaries that have an effect on that large changeover.

These embody what sort of beauty enhancements would you make to your home earlier than placing it available on the market? How lengthy is in the present day’s vendor’s market prone to final? Is it price it to stage your home? What do you do with the entire stuff that you simply’ve collected? And the place do you search for a low-maintenance dwelling different?

“It’s a good time to ask those questions, because home prices are relatively high and inventory is relatively low; sellers have a lot of options now,” says seniors actual property specialist Blair Bryant, who led the seminar and who has three others prefer it scheduled in coming weeks.

Every of these is deliberate for a unique age-55-plus neighborhood throughout city — one underneath building at Denver’s College of Colorado Redevelopment website, one other close to Pinehurst Nation Membership, and a 3rd off Belleview within the DTC. Attendees get an opportunity to discover these choices and to have lunch with others imagining an analogous transfer.

“It’s empowering to get everyone in the same room; you get a sense of community and support,” says Bryant.

Finally week’s session (at Vita Littleton, a rental idea near Littleton’s downtown eating district), the questions got here quick and livid.

“Why should I stage my house when I sell it?” (Reply, as a result of it makes it simpler to think about dwelling there.) “Should I finish the basement, or build a nicer patio?” (Neither of these is prone to make you cash at sale, says Bryant.)

Different solutions got here from Cierra Olmstead of A Transfer Dealt with With Care — amongst a choose group of contractors that work carefully with Steller in finishing up the complexities of a senior transfer.

“We tell people about the reality of what possessions make sense to hold on to, and what it will cost to store it in coming years,” she mentioned. “If there’s a hundred-year-old cabinet that they’re really fond of, we help them visualize how it will look in the new place.”

Free seminars are set for Thursday, Sept. 26, 11 a.m.-1 p.m. at Overture; Wednesday, Oct. 9, 9:30-11 a.m. at The Ridge at Pinehurst; and Tuesday, Oct. 15, 11 a.m.-1 p.m. at Carillon in Denver Tech Heart.

Reserve seats at StellerSeniorSolutions.com.

The information and editorial staffs of The Denver Publish had no function on this publish’s preparation.

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