Have you ever found yourself saying, “I can’t sell my house in Hartselle AL,”? Perhaps you’ve been trying to sell your Hartselle house for a while now and haven’t received any offers. You still have a few options at your disposal to help you sell your house for a fair price.
You’ve probably already tried this at least once: Lowering the asking price.
Everyone wants to sell their house for a profit, but if housing prices in your area are coming down, the economy is in decline, or your home has structural issues or not in an ideal location, etc., you may have to reduce your asking price.
What are my options if I can’t sell my house in Hartselle?
Here are five other things you can try when you can’t sell your house in Hartselle:
1) Take It Off the Market
You may be trying to sell your house during a bad time. Are there already a lot of houses similar to yours on the market right now? Are they priced lower than you what you were hoping to get for yours?
If so, you might want to think about taking your house off the market for a few months until market conditions improve.
2) Take Out a Second Mortgage
If you’ve owned your home for a while and have a lot of equity built up into it, you might want to think about taking take out a home equity loan — but keep in mind that you will end up with a higher monthly payment if you do. You can use that extra money to make any needed improvements to your house to make it easier to sell. You can even use it to put as a down payment on your new house.
3) Rent Out Your House
If you are unable to sell your house and don’t want to pay on two mortgages (the home you can’t sell and the new home you want to move to), one option is to try to rent out your home at a price that would cover that monthly mortgage payment.
4) Consider a Short Sale
“I can’t sell my house in Hartselle because I owe too much!” This can happen when you’ve only owned your house for a few years and you currently owe more than what the house is worth. A large portion of the mortgage payments go toward the interest on the mortgage, especially in the first several years of the home’s purchase, therefore the balance doesn’t really get paid down in the time period.
If you’re in the unfortunate situation where you think you’ll be facing foreclosure, you may be able to negotiate with your lender to accept less than what you owe on your mortgage. However, make sure to keep in mind that short sales can affect your credit and might disqualify you from getting another mortgage for a certain amount of time.
To do this, you’ll need to have someone who is willing to purchase your house who is able to close quickly. Fortunately, we can! Give us a call today at
for a no-hassle offer on your house. Please consider that it is much easier to help you before you get into a foreclosure situation. It may only take missing just a few mortgage payments before your lender begins the process. So please be proactive and contact us for more information before it’s too late.5) Offer a “Lease to Own” Option
A lease to own option is when you rent your house to someone with the option to buy your house at or before the expiration of the lease. The average amount of time is usually 2 to 3 years. This can be a great option if you can’t find qualified buyers right away because you can collect rent plus a lease option fee from a tenant while also giving them time to save for a down payment. The buyer can also use this time to establish their credit to make it easier for them to get a mortgage and buy your house.
Does this sound like too much of a hassle? Does this sound too complicated? Do you not want to have to “be a landlord”? No problem, call us at
or email us today, because we can do all of that for you! You just sit back and collect some extra cash every month while we do all of the work!I Can’t Sell My House in Hartselle AL!
If you are interested in learning more your options for selling your home in Hartselle AL, call us at
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