otherwise be wasted on rent, as well as the amount of money needed for hiring moving companies and/or making repairs.
OTHER OPTIONS IF YOU CAN PUT IN SOME EXTRA EFFORT
Here are options you can try before you give up on selling.
Renting is always an option if you and your agent just can’t make the sale. You can rent long-term, or rent with a lease that allows the tenants to buy the house later. Think of it as a “test drive” for the house. It might sell in the future instead of right now, causing extra effort and perhaps stress, but with the rent money, you can at least pay the mortgage on the property. If you can’t find a long-term rental, consider listing the house for tourists with Airbnb or VRBO. It might be inconvenient and take up a chunk of your free time, but even renting the house one week each month can help with paying the debt.
HOW YOUR REAL UR REALTOR CAN HELP SA R CAN HELP SAVE YOU
Good agents network and work together. They usually have connections with other real estate professionals and affiliations that can benefit you. At some point during the transaction process, you might need to get in touch with mortgage consultants, real estate attorneys, credit repair services, or home inspectors and contractors. There is where your agent can help. If things get complicated during the buying and selling process, the agent can offer you the best professional advice. No matter the situation you face, a good real estate agent has likely already seen it and—more importantly—knows how to handle it.
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