When you own a house you don’t really want, the costs of homeownership can be unbearable. Take a look at some of the costs you can expect to face in our latest post!
Owning a house is expensive. There are many costs that go beyond simply the cost of the mortgage. Perhaps you own a home that is too big for your current needs? Do you own a home where the repairs are constant and expensive? Are you struggling to keep up with your mortgage payment? All of these situations can be overwhelming to some degree or another. With a direct sale to Green Sparrow Properties, you’ll be able to quickly put an end to all of the ongoing costs so you can sell your house and move on.
Here are just a few of the costs a Kansas City homeowner will face:
Your mortgage on the property is likely your biggest bill each month. Is it worth it? Does spending this much on a house make sense for you, aligning with your goals? Keep in mind that your mortgage also includes interest and possibly mortgage insurance. These are costs you are paying each month that aren’t lowering the principle on the home.
Monthly Utilities & Expenses
People are often surprised when they add up their utility bills each month. Between the electric, gas, water, sewer, waste removal, cable, wifi, landlines, security company, and other bills homeowners pay each month, the totals can be into the thousands! In many cases, it can be like paying a second mortgage! When you are dissatisfied with your property or feel stuck with a house you don’t want, paying these bills each month can make you feel stressed and resentful. If you are tired of all the costs and bills, it may be time for you to consider a sale! Living somewhere that is smaller or more energy efficient will help you to save money on your utility costs.
When selling your house in Kansas City, you will be responsible for the property taxes up until the day of closing. If your house doesn’t sell and sits on the market for a while, these taxes will add up into potentially the hundreds or thousands. You would probably have rather used that money for something else.
All houses need maintenance on a routine basis. This is especially true if the home is listed on the MLS. You’ll want to make sure that you stay on top of this and keep the house in tip-top shape to attract the best offer.
Home repairs are inevitable. No matter how well you maintain the property, something is bound to break. When you put your house on the MLS, you could end up owning the house for several more months. This is more time for something to go wrong with the house. You’ll likely be making repairs to the house to make it more desirable to buyers, you might find yourself having to make larger repairs while your house is listed as well.
Whether you are taking care of the landscaping yourself or hiring someone to do it, the outside of your house must be maintained… especially when it is listed on the Kansas City MLS. Curb appeal is important, so you’ll need to put your best foot forward!
With a direct sale of your Kansas City house, you’ll be able to avoid the continued holding costs as well as repairs! What is your house really costing you?