RETURN

08.07.2021

What happens to your parents’ property once placed at a nursing institution?

What happens to the parents' property entrusted to a medical-social facility?
With age, maintaining a house is difficult and sometimes even complicated for our elders. The decision to get them in the care of medical or nursing institutes appears to be an ineluctable necessity. What to do with their property and bills compiling: The costs of their house as well as their medical care?

Shall you sell or rent your parents’ property?

To sell or to rent, it will probably be necessary to stage or even consider a total renovation of the premises. The work represents a significant investment, not to mention the time spent to manage and coordinate everything together. Selling seems to be the best solution to prevent children from finding themselves in a difficult financial situation. The transaction will allow them to cover the costs related to the parental home but also medical and nursing cares.

Sell ​​your property as is and quickly by trusting Swifthome

Depending on the parents' health statement, it is sometimes necessary to act fast. The placement in a medical institute becomes urgent and as the best solution. Swifthome understands this tough decision and commits to buy any property as is, within only 15 days. Thanks to its 4 simple and effective steps, Swifthome provides a quick solution to owners who want to sell their house or apartment as soon as possible.

YOU CAN ALSO READ

  • A woman pushes an elderly person in a wheelchair in a care facility, accompanied by a child

    16:00 | 14.08.2024

    A loved one is moving into a nursing home: what should you do with their apartment or house?

    When a loved one moves into a nursing home (EMS – établissement médico-social), it is a major life transition that comes with many personal, administrative and financial decisions.

    A loved one is moving into a nursing home
  • Businesswoman on the phone at a desk with laptop and city view

    11:00 | 04.09.2026

    Living now abroad but own property in Switzerland? Sell your apartment simply with Swifthome.

    Selling an apartment when you live several hundred or even several thousand kilometres away can quickly become complicated.

    Living now abroad but own property in Switzerland?
Contact Us