Owning a house you don’t want in Houston, TX and Surrounding Areas can hold you back in many ways. Learn how in our latest post!
Many people hold on to an unwanted property, without the realization of the costs. Between the financial obligation, the frustrations, and the missed opportunity costs, owning the wrong home is likely setting you back in ways you haven’t even considered. Below, we discuss 5 common misconceptions people have about owning the wrong real estate in Houston, TX and Surrounding Areas.
You Won’t Be Able To Find A Buyer
Many people who feel stuck or burdened by an unwanted house, hold on to it for longer than they should, rather than selling because they don’t believe anyone else will want to buy it. However, there are typically investors and others in search of a fixer-upper just like your a property to add their own personal touch. As they say, one mans trash is another man’s treasure. Don’t assume you won’t get a fair price for the property until you put it out there. You can start with a free, no-obligation offer from Jordan Property Buyers ! We buy houses in any condition, so that owners like you can be done with it.
You Won’t Be Able To Get A Great Price
If you aren’t a fan of the house yourself, you may think others won’t be either. You may have convinced yourself that just because the house isn’t the prettiest on the block, that you won’t be able to get a great price. This however, is not the case. The right buyer for your home, can purchase it on your timeline without hassles. Professional home buyers such as Jordan Property Buyers will ALWAYS pay you a fair price no matter the condition of the property or the situation you are in, and get you out of owning a house you don’t want.
One Day They’ll Fix It
So many people hold on to a property with the intent to fix it up, and in the end, they never do. Instead, the basement will sit half-finished for another 5 years, the kitchen will remain dark and cramped, and the needed repairs will go undone. If you are really going to fix it, you would have done so already. In all of that time you’re still paying the costs of holding onto the home- taxes, insurance, utilities etc. If you are solely holding onto a property for what it maybe one day, It’s probably better to sell your house and, find one that is already what you are looking for in a home.
The Value Will Go Up
Sure, over time property values tend to rise, but, this isn’t always the case. When the markets are unstable, homeowners must be aware of the potential for their property value to drop dramatically at any time. There isn’t anything worse than owning the wrong property, hoping the value will rise, only to find yourself with a property that is worth less than when you bought it. If you feel like you are stuck with the wrong house, the time to sell it is now! Reach out to us now to discuss your options and find out how we buy houses.
They’ll Get Used To It
While you might get used to some of the problems, most likely they will just continue to drive you crazy. Frankly, that’s no way to live. Worrying about your property on a regular basis, paying for repairs, and dealing with problem after problem is no fun for anyone. While you might get used to some things, the question is, do you really want to? You don’t have to settle. You can liquidate your unwanted property, turn it into cash, and move-on to a house that makes more sense for your current situation.
If you own a house you aren’t completely satisfied with, don’t trick yourself into thinking it is what you should settle for. There is no rule that says you need to own the house forever.