Owning a house you don’t want in western NC can hold you back in many ways. Learn how in our latest post!
Many people often hold on to an unwanted property, not truly realizing what it is really costing them. Between the financial impact, the associated frustrations, and the missed opportunity costs, owning the wrong home is likely setting you back in ways you haven’t even realized. Below, we discuss 5 misconceptions people have about owning the wrong real estate in Hickory and the surrounding areas.
You Won’t Be Able To Find A Buyer
Many people who feel stuck or even burdened by an unwanted house, hold on to it for longer than they should because they don’t believe anyone else will want to purchase their home. However, there are typically individuals looking for a fixer-upper who are looking for a property just like yours. As the old saying goes, one mans trash is another man’s treasure. Don’t assume you won’t get a great price for the property until you put yourself out there. You can start with a free, no-obligation offer from New Day House Buyers! If we can’t provide a solution that works specifically for you then maybe we can point you to someone in our network that can help.
You Won’t Be Able To Get A Great Price
If you aren’t a fan of the house yourself, you may feel others won’t be interested in the house either. You may have convinced yourself that just because the house isn’t something desirable to look at, that you won’t be able to get a good price. This, however, is not typically the case at all. When you find the right buyer for your home, they won’t try to nickel and dime you. Professional home buyers such as New Day House Buyers will ALWAYS pay you a fair price no matter the condition of the property or the situation you are in.
One Day They’ll Fix It
So many people hold on to a property with the intent to fix it up, however, in the end, often times 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 never be completed. If you are really going to fix it, you would have already committed to it. If you are solely holding onto a property for what it might be one day, you may want to go ahead and find a house that is already what you are looking for in a home.
The Value Will Go Up
Sure, over time property values do indeed tend to rise, however, this isn’t always the case. When the markets are unstable, homeowners must be aware that there is potential for their property value to drop dramatically at any time. In our current market prices are higher than they have ever been. If you hold on to your property to long you run the likely chance of a market crash and then your home could be worth a fraction of its current value. 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!
They’ll Get Used To It
While you might get used to some of the problems, they will most likely just continue to drive you crazy. Frankly, that’s no way to live. Stressing about your property on a regular basis, paying for repair after repair, and dealing with each and every problem that arises isn’t fun for anyone. While you might get used to some things, the question is, do you really want to even have to deal with it? You do not have to settle. You can liquidate your unwanted property, turn that unwanted house into cash, and move-on to a scenario that makes more sense for your current situation.
If you own a house you aren’t completely satisfied with, don’t try to persuade yourself into thinking it is what you should settle for. There is no rule or even guideline that says you need to own the house forever. With a simple call or filling out one of our online forms we can help you today. We can help you get rid of that unwanted stress forever.