I Can’t Sell My House In Atlanta GA… Help!

If you’re saying “I can’t sell my house in Atlanta!”, then this article is for you. It could be that you’ve been trying to sell your house for a while and you haven’t received any offers. Or it could be that you’re not quite sure about how to put it on the market. The good news is you do have a few options at your disposal to help you sell your house for a fair price. But we’ll help you see the reasons as to “Why I can’t sell my house?”

You might have even tried to lower the asking price at least once. 

Everyone wants to get the most money for their house and want to consider it an investment. However, if the housing prices in your area have lowered, or if the economy’s not doing well, then you might have to reduce the asking price. If you’re unlucky, your house might have even been hit with something that weakened the structural foundation of it. 

If I can’t sell my house in Atlanta, what are my options?

We’ve got five things that you can try if you can’t sell your house in Atlanta.

  • Stop selling for a bit

Unfortunately, if you’re trying to sell your house at a bad time, it might be a good idea to take it off the market for a bit. If you can afford to keep your house a little bit longer, having it be off the market for a while won’t make it seem like it hasn’t sold in a few years. 

Once the market conditions improve, or it’s a time of year where houses sell more, you can put it back on the market again with better preparation. 

  • Get a Second Mortgage

If you have a significant amount of equity in your home, you might want to take out another loan, but only if you can afford the higher monthly payments. If you can’t do this, negotiating a loan modification with your lender, or converting your adjustable mortgage into a fixed rate mortgage might be a better option. With a lower interest rate and the loan, you can fund other things, like investing into the home, or making important repairs that have to be done. 

  • Make it a Rental

If your home won’t sell and you don’t want to hold the mortgage of your old house and your new one, renting your home might be a good idea. In fact, renting your home for the price of the mortgage payment can make it a lucrative investment for you as well. Besides the upkeep and repairs on the home, you won’t have any additional expenses because it’ll be paid for by the renters. 

  • Do a Short Sale

If you can’t sell your house because you owe too much money, a short sale is a good choice. If you purchased your home in the last few years and owe more than the home is worth, this is an option that you should take.

In a few cases, you can actually negotiate with your lender to accept less than what you owe on the market. If your only options are foreclosure or a short sale, the lender will usually accept a short sale because it’s easier for everyone. 

The one thing that you need for this is someone to buy your home. Luckily for you, we hear at Christian Buys Houses specialize in purchasing homes in the Atlanta area. Because we buy them for cash, we do it quickly. You won’t be saying “I can’t sell my house!” for long with this option.

Just keep in mind that short sales do affect your credit a bit. You might not be able to get another mortgage for a few years if this happens. 

  • Attempt a Lease To Own Deal

If you’re going down the path of rental, you do have another option. A lease to own option is where someone has the ability to lease and rent your home and then purchase it at the end of the lease. If you can’t find a qualified buyer, but someone is interested in the home, they can use this rental time to build up credit and show that they are a good buyer for your house. This way you’re still getting money for the rental, but down the line you can turn it into a full house sale without losing anything. It’s a great option for first time home buyers, and it prevents you from having to pay as much from holding on to a home that you don’t live in. 

What if I still can’t sell my house in Atlanta?

If you’re still having trouble selling your home, the best option might be a for cash purchase.What this means is we purchase your home for cash, take care of all the fees, the repairs and renovations, and you get cash in hand. If you’re frustrated and tired from trying to unsuccessfully sell your home, we can purchase it in as little as a week. Give us a call here at (770) 695-7368 or check out our about us page here to find out the easiest way to sell your home. You can even submit your information for a free, no strings attached offer!

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