Right now, we’re talking about cleaning house.
René Nelson, Eugene commercial real estate broker
Marcia Edwards, Eugene residential real estate broker
René Nelson: Hey, let’s talk. The last radio session, we talked about hoarders primarily in rental property. Now let’s talk twofold, somebody that lives in their primary residence and they need to downsize or move and they got a lot of stuff. I’ve often thought about that. How do you deal with that? Do you just call Sanipac or Lane Apex or one of those guys and say, “Hey, bring over a dumpster, park it out in the front?”
Marcia Edwards: Well, it’s time to do it now, not the time of a sale. So I’d say first, address it today, sooner than later, whether it’s an estate, whether your kids have refused to move out their stuff, but have moved themselves.
There are situations where, especially in your 50s, you find you’ve got your parents’ stuff that you’re inheriting and your kids’ stuff that’s still there, and it’s a trap and you’ve got to take a look at that early, and then you’ve got to categorize some things. First, there’s things of value that will be worth the effort to actually consign or sell, and that could be an estate sale, but there’s also things that you should gift, not just to family, but to gift to those in needs.
For example, there is an organization that has tool rentals, where people that can’t afford to get tools for their home themselves, they can go to this reservoir of opportunity and resources for the chainsaw or whatever they need at the time. So there’s places that I’ve had to research because of the circumstance. Reach out to me if you wonder who would benefit from what you’ve got as your stuff.
René Nelson: Wow, that is really cool. I also see those blue and white trucks driving around Eugene called junk something or haul your junk and I always think that is my best friend. Someday I’m going to call him and clean out my basement of deal files.
Marcia Edwards: Exactly. I just had a client who moved out of a condo and moved close to family in Boston. She said, “Where can I put all the furniture?” It was the furniture for a one-bedroom apartment, basically. And we found the Hope Project, which is rehousing and helping people that have lost everything in the fires recently.
So there are resource and it feels good. And feeling good matters. You can also have some tax benefit for the donation, if it is truly a nonprofit. But feeling good and getting cleared out is important. Unless you get started, you will not get finished. You’ve got to break this down to some tasks and donations are definitely relevant.
René Nelson: Can you talk about that real quick? If somebody was listening, what’s that source? Where did they go to donate that stuff?
Marcia Edwards: Well, Hope is actually a very good organization. It’s online, easy to get to. But why don’t you just give me a call if you have some things that you want to get rid of because you’re going to move your real estate and I’ll help you get an organized.
Join Eugene, Oregon, real estate experts: Bob Nelson, Real Estate Investment Broker with Pacwest Real Estate Investments, and Marcia Edwards, Residential Real Estate Broker with Windermere Real Estate, daily at 5:30pm on KPNW for the “Real Estate Today” radio show.