Whether you live in or rent a house, we offer five ways to handle your unwanted house in Sacramento in our latest post.!
No one wants to feel stuck in possession of a house they don’t want. Every expense feels like a burden, but you also don’t want to give it to a buyer. Below are a few great ways to handle your unwanted Elk Grove property!
Renovate It
Perhaps for years you’ve been postponing repairs and feeling overwhelmed. But perhaps all the needs of the property are a good facelift to restore it to its old glory. A quick refurbishment of the house can have a huge impact on the home’s value, making it something that you might want to hold on to!
Find The Right Renter
If the wrong tenants are in place, the benefits of owning a rental property can be completely negated. If you struggle to find consistent renters, tenant turnover will quickly kill your profits.
Keep in mind that anyone can write a cash offer, even if they’re borrowing money to purchase the property. So when you’re selling a CT house through a real estate agent to an end buyer… be prepared that if the buyers financing falls through… you’ll have to start the sale process all over again… adding more months to the process, more holding costs you have to pay for, and more.
Ask yourself if things would be different if you had the right renter in there before you give up on your Elk Grove property. Maybe it’s not the right house for you, or perhaps the tenants in your house at the moment have taken care of you in the whole situation, causing you to want to throw your hands in the air and walk away.
Sell It Fast, As-Is
By selling it to an investor or private buyer quickly, you will be able to put an end to the cost of holding, keeping more money in your pocket. Selling as-is saves you from cleaning, upgrading, and repairing the house costs and burdens. This way you can choose to list the house, but you will still be subject to commissions. These can be avoided with a direct sale.
Give It Away
You’ll get some great tax benefits and in the process you’ll be able to benefit somebody else. You can choose to donate to a charity as a donation, or you can give it to a friend or family member.
Wait
If it has the potential to net you a few thousand more for a few months, it might be worth waiting for. Look at market trends and rates of appreciation. What does the area look like in the future?
Find A Direct Buyer
If you’re looking for a quick and fair way to sell your Elk Grove house, we’ll immediately offer you a no-obligation offer! Our process is simple and gives you insight into your Elk Grove house’s true value.