3 Staggering Costs of Owning the Wrong House in Knoxville

While there may be nothing wrong with your property, the traditional listing process is long, complicated and can be extremely stressful during the best of times. However, selling your house on the Knoxville market is not always the best method, especially when you’re under the pressures of time, finances or personal circumstances that do not conform to a conventional listing.

Not only can the cost of owning the wrong house be financial, but it can wear you down emotionally when saddled with less-than-desirable circumstances for days on end. Whether you made an error in your purchase or your circumstances changed, it can be challenging when you’re stuck in the wrong house. So read on as we explore three staggering costs of owning the wrong house in Knoxville. 

Over Bought

One of the most staggering costs of owning the wrong house in Knoxville is for buyers who purchased a more expensive house than their budget comfortably allowed. When you’re facing monthly bills burying you further in debt, time is of the essence, and a direct sale to a local professional buyer may be the solution. Professional buyers from Southern Sky Home Buyers will provide every number so that you understand the numbers and the out-of-pocket expenses you may face by listing, with the benefit of cash allowing for guaranteed closings in as fast as a week in many cases. Need a little more time? Talk to a professional buyer at Southern Sky Home Buyers about working out arrangements to delay the closing.

Bad Location

Another staggering cost of owning the wrong house in Knoxville is the inability for the property to increase over the long-term in value due to the location, which is one of the foundations of real estate investing. Selling your property to professional buyers like those at Southern Sky Home Buyers can help you sell a property that you’ve learned is not in a desirable location. When you sell directly to professional buyers from Southern Sky Home Buyers, we will make you an offer for your house that we want you to agree is fair. We do this at Southern Sky Home Buyers because we want you to make an educated decision about the best sales method for you, so we all feel good about the deal long after leaving the closing table. 

Money Pit

Yet another staggering cost of owning the wrong house in Knoxville is when you fail to note the glaring red flags and purchase a money pit. Often these are impulse investments based on an emotional feeling about the property instead of approaching the investment as a business transaction in real estate based on running the numbers on the repairs and the results of an inspection. Professional buyers like those at Southern Sky Home Buyers can relieve you of the burden of ongoing expenses and end your misery, making you a fair cash offer for your house as-is. There are no commissions, hidden fees, or closing costs when you sell directly to a professional buyer from Southern Sky Home Buyers. When you sell directly to a professional buyer from Southern Sky Home Buyers, the amount we offer is the amount of cash you’ll have in your hands when you leave the closing table.

The professional buyers at Southern Sky Home Buyers and their team are your neighbors here inKnoxville who live and work alongside you and are proud to be a part of improving our community. Talk to a professional buyer at Southern Sky Home Buyers today without obligation and find out how we can help you overcome any hurdles you face with selling your home. At Southern Sky Home Buyers, we aim to help sellers like you in Knoxville resolve their issues with a smooth, easy and quick process that saves you time and money. Contact us today to learn more. (865) 249-0226