Many people keep Tulsa property that they don’t use or want. It costs them an arm and a leg to maintain ownership of the property. Does this sound familiar?
If you invested in the wrong house and have become financially strapped, you need to understand why it is a good idea to sell your Tulsa property now rather than later. There is no reason to keep paying the yearly taxes, repairs, and loan expenses if you can immediately get out of your unwanted investment.
If you’re like most property owners of unwanted property, you probably believe all the myths about why it is good to keep your unwanted property in Tulsa. But we’ve debunked the five top myths below. Maybe after you read through these debunked myths, you’ll understand why it is better to sell sooner rather than later.
1) No One in Tulsa Will Buy My Property
The number one reason people keep their unwanted Tulsa houses is that they don’t believe any buyers will want them. However, there are actually plenty of investors who purchase fixer-upper properties in Tulsa and throughout Oklahoma. They don’t care if your house is in less than perfect condition. They see financial opportunity in investing in a house with repair and renovation needs.
Of course, you won’t get the full market value for your house if you sell it as a fixer-upper. But at least you will get out from underneath your financial obligations toward the house. If you were to continue paying your bills on the house, you would lose more money in the long run. Therefore, selling your house early will save you money.
2) I Cannot Get Full Market Price for My Property
Even if your house is not a fixer-upper, you may still believe that no one will purchase it for market value. Perhaps you own a house in a bad neighborhood or believe the economy is not so great right now. Try to get these negative thoughts out of your mind. There is always someone looking to purchase a home in Tulsa for a fair price. That is what our team of professional Tulsa home buyers do all the time. We can offer you a fair price for your unwanted house in Tulsa, whether in good or bad conditions.
3) I’ll Fix the House Someday
People may keep a house because they want to fix it up someday. But as the months and years go by, they never get around to it. Then all of the existing issues with the house end up getting much worse. Everything from the plumbing to the electrical wiring might require major repair and renovation work. All these repair costs will be too much money for you to spend. You’re better off immediately selling the house to someone who will fix the property sooner rather than later. If you do that, you can take the money from the sale and invest it in a better house.
4) The House Value Will Increase in the Future
Most people assume that property values will increase in the future. The reality is that market instability can send property values to trend lower rather than higher. You could see a significant drop in your house value at any time, especially if you own a property in a bad location. Do you really want to gamble the next 10 or 20 years of your life waiting for your house value to rise? Why not sell now and be done with it?
5) You Grow Accustomed to the Problems
Have you been dealing with problems in your house for a long time? You’ve probably grown so accustomed to the problems that you haven’t thought about an alternative way out from dealing with them. Why put up with them anymore? You can sell your house now and let someone else take over its problems for you. Then you can take the cash you get out of the house and use it to purchase a better house for yourself.
Sell Your House in Tulsa, OK
If you want to get rid of your current house and relieve yourself of the responsibilities of owning it, then you should sell your Tulsa home to us. We make cash offers on all types of Tulsa homes regardless of their condition. Contact us for further details. WE BUY HOUSES TULSA!
This website does not provide legal advice and does not create an attorney-client relationship. If you need legal advice, please contact an attorney directly.