I’ve Tried Everything And I Cant Sell My House In Fort WorthTexas!
If you’ve found yourself saying, “I cant sell my house in Fort Worth, Texas” this article is for you. Maybe you’ve been trying to sell your Fort Worth house for a while now, your listing expired so you extended the listing and still haven’t received any offers – don’t panic! You still have a few options at your disposal to help you sell your house fast in Fort Worth and the surrounding areas for a fair price. We Buy Houses Fast in Fort Worth, any price, condition or reason and you never pay closing costs or commissions when you sell your house to us.
You’ve probably already tried the first one at least once: Lowering the asking price.
Everybody wants to sell their house for more than they paid for it however, if housing prices in your area are low, the economy’s not doing well, or your home has some sort of structural or locational problem, you may have to reduce your asking price to get your house SOLD fast.
What are my options if I cant sell my house in Fort Worth?
Here are six other options you may consider to try when you cant sell your house in Fort Worth using conventional methods of listing with an agent:
1) Take It Off the Market
You may be trying to sell your home at a bad time in the market, such was when there are a lot of other houses just like yours on the market, during the winter months, or during the holidays.
If this is the case, you might be best served by taking your home off the market for a few months – if you can afford to keep paying the mortgage – and wait until market conditions improve.
2) Take Out a Second Mortgage
If you have built a lot of equity in your home, you may want to take out a home equity loan — if you can afford to pay the higher monthly payment, that is. If not, you may be able to renegotiate a loan modification plan with your lender or convert your adjustable rate mortgage into a fixed-rate mortgage that has a lower interest rate. The loan can be used to fund other things, including real estate investments.
3) Rent Out Your Home
If you can’t sell your home and don’t want to hold two mortgages (your old home and your new home) one option may be to rent out your home at or near the price of your monthly mortgage payment. That allows you to apply the rent to your mortgage without having to incur any additional expense – other than upkeep, maintenance and repairs.
4) Consider a Short Sale
“I cant sell my house in Fort Worth because I owe too much!” This can happen if you purchased your home within the past few years and currently owe more than the home is worth (called being upside down).
In some instances, you can negotiate with your lender to accept less than what you owe on your mortgage. If it looks like the other option is foreclosure, your lender probably will accept a short sale.
To do this, you’ll need to have a buyer on board who can close quickly. Fortunately, we can! Give us a call today at (817) 550-5069 Ext# 4000 for a no-hassle offer on your house.
Keep in mind, however, that short sales can affect your credit score. Redeeming a pre-foreclosure on your credit history might disqualify you from getting another mortgage, at least for a little while.
5) Offer a “Lease to Own” Option
A lease to own option is when you rent your house to somebody with the option to purchase your home at or before the lease expires. This is a good option if you can’t find qualified buyers because you can collect rent plus a lease option fee from a tenant while giving them time to save up for a down payment and establish their credit so they can get a mortgage to buy your home down the line.
You also can add a lease premium to their monthly rent that can either be applied to the down payment later or – if they don’t end up exercising their option to buy your home – you can keep it as income.
6) Sell Your House Fast To A Real Estate Investor
You can always seek out local Real Estate Investors such as TMC Property Solutions who specialize in Buying Houses Fast. You may want to do your research on the company with places such as the local BBB or just Google their company name. Companies such as TMC Property Solutions typically buy houses in any condition, price range or reason and you typically will not pay any closing costs or commissions.
I Cant Sell My House In Fort Worth TX!
If you are interested in learning more about your options for selling your house fast in Fort Worth Texas, call our free recorded info-line 24/7 at (817) 550-5069 Ext# 4000 or fill out the form on this page to get more information sent to you right away.