Do you have a house that you tried to sell, but find yourself still holding that property? This property is literally holding onto you as well. The costs associated with this could stop you from being able to move forward with your dreams. That’s why it’s important to understand what your Kansas City property is costing you. As they say owning a home is more than likely one of the largest financial investments you will make. When it’s time for you to sell your Kansas City property there are many factors to take into consideration. You’ve likely invested even more for any necessary rehab and staging to list your home, only to find the ongoing costs involved in holding the property are killing you! Not to mention the hassle of living around showing appointments and having your time wasted by unqualified buyers, low ball offers, and people just looking to get ideas for their own home!
End The Costs
Right now in Kansas City we are going through a cycle where homes in certain parts of the metro sell within hours for much higher than the initial asking price. While this is great for those home sellers the reality is that in many parts of the metro homes that are not in HGTV condition could sit on the market for months and in some cases years. The longer a home sits, the lower the price that the seller will usually get, especially after figuring the likelihood of additional repairs and holding costs.
Why not sell to us now and save yourself from what can become a sinking ship of unexpected risks and expenses? We can help to end the deafening sound of silence when it comes to getting offers on your Kansas City Metro property.
What Owning A House Is Costing You
The financial responsibility of keeping a home on the market can be devastating as time passes. Costs involved include mortgage, insurance, and taxes. A great number of factors can influence the bottom line on these numbers, including variable interest rates, time of ownership, and market changes which can affect the equity you had hoped to realize on your Kansas City property.
Utilities, upkeep, and maintenance are ongoing; most especially when your home is on the market and are of utmost importance to attract buyers. These same costs of ownership can also drown you in unexpected expenses. This is especially true as homes age.
Circumstances change. A new job or some unforeseen opportunity may force you to move prior to your home selling, leaving you to cover unexpected costs of ownership. You’ll need to hire professionals to maintain your Kansas City Metro property from a distance, in addition to covering all of the costs of two properties. Someone should regularly check on the property in this event to catch any new issues, including theft by someone you’ve entrusted or maintenance issues such as leaks, etc. before they turn into even larger disasters.
The fact that your home is sitting empty can also make it an attractive target to vandals and thieves and is yet another possibility of costs you may incur based on your decision to sit on your Kansas City property as well, contributing to what your Kansas City property is costing you.
Considering all of the variables in the financial markets, the housing market, the costs and risks of maintaining an empty home and life changes that can contribute to the bottom line, these factors can severely deplete what you earn on your investment, let alone unexpected repairs or outright theft or vandalism. It’s clear to see that time truly is of the essence. You can be sure time passing equals more costs to you.
When you consider all of the risks, inconveniences, the costs of ownership, and what your Kansas City property is costing you in the long run, it makes sense to let us purchase your property in Kansas City, relieving you of the financial responsibility and risks. We’re here to help!