Fobbed off by social worker

Yes, it's a thread that's more than a year old. The bragplaints about the house started long before the first post about it in the "Retirement" section.

Deb, you're going to lose money. Accept that fact, and unload the house before you don't have a dime left.
 
Yes and the consensus of opinion is that I'd have to invest a minimum of $100K to fix it up into what they deem "saleable condition" before they would even consider putting it on the market. I think these young realtors are used to selling modern condos and can't relate to Victorian style.


Not to my knowledge.


Those realtors advising such an "investment" would not be having your best interests at heart, but only their potential commission. Fixer-uppers sell very well, usually quickly snapped up by speculators looking to turn a profit.
 
I've always done the care and maintenance of my own belongings myself EXCEPT when it was something that I was either unable or unwilling to do. Then I HIRE it done. I find a reputable company, one that is licensed, insured and with good references, get the work done and then pay the bill.

If your house has deteriorated to the point that it is unsafe to live in, it's obvious this has not been done. Small maintenance issues that are ignored don't go away, they just eventually become large issues.

If I were in your situation I would find myself a small house, condo or apartment where I could be comfortable. Choose suitable furnishings from the home or buy new and move in. Then find a reputable contractor (see above) and hire him to empty the house and re-hab it. No re-decorating, just bring it up to code so that it is salable.

I'd then get responsible help (or hire a professional appraiser) to determine a value and put up a nice large sign in the yard "For Sale by Owner, AS IS" or hire a small, independent realtor to deal with the selling under the same conditions. Unless the house is in an extremely undesirable neighborhood, there will be a quick sale.

With your income, you no doubt have savings but if not, talk to your banker about a mortgage using the house as collateral and to be re-paid upon sale.
 
It's very hard to make big decisions like this, if you've never had any experience, and if you have to arrange everything on your own. I used to know the feeling well, folks. I still know the feeling.
 
Not that I am suggesting you do this, but it crossed my mind that this problem could be fixed with a match, or maybe, with the old wiring, an electrical fire. Stranger things have happened.
 
IMO the best way to deal with the house is to approach the best realtor in town and ask them to list it and sell it as is, then move on to a comfortable small home or apartment.

The discussion with the social worker struck a chord with me. I have a good income and assets, I'm not looking for any financial assistance but I do have times when I would like access to some of the same information and services that are often available to low income seniors. I would like to see the current system made available to all seniors and use some type of a sliding scale or means test to decide how much a person pays for the various services. I would be happy to pay market rates for a senior apartment, nutrition site, shopping bus, etc...

Good luck, Deb!
 
Not that I am suggesting you do this, but it crossed my mind that this problem could be fixed with a match, or maybe, with the old wiring, an electrical fire. Stranger things have happened.

I know you're kidding, Hoot, but from what Deb has said about her place, I'm surprised this hasn't already happened. And I would be very afraid to sleep there.
 
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