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The baby boomers are coming of age and many are finding themselves in situations where they are taking care of their elderly parents. It can be difficult to decide parents are in need of assistance with their homes.
You may be looking at selling your parents house. If so, you may need to rely on your power of attorney to sell the property. If you are using this authority, you need to make sure it’s correct.
Nobody likes to think about having to take on the role of caring for their parents instead of their parents caring for them. Many times they are still home owners when this happens.
There comes a time when parents are no longer able to care for their homes. They may need to sell them with your help.
It’s come time to prepare to sell your elderly parents home. Everyone typically puts it off as long as possible, the cost of caring for them rises and in most cases, it’s inevitable that you’ll have to face selling your parents house.
There are many people in a situation where they need to sell parents house to pay for care. Parents often reach the point where they can no longer take care of themselves.
When parents age there needs to be some changes made. It often means that the kids have to attend to this. One of the factors may be that I have to sell my parents house before death.
When should seniors sell their homes? This has become a pressing question over the last few years. When it is time to sell your elderly parents home, what is the best way to go about it?