GET STARTED | Get Your Fair Cash Offer Today

  • This field is for validation purposes and should be left unchanged.

I Can’t Sell My House In DFW TX… Help!

If you’ve found yourself saying, “I can’t sell my house in DFW TX,” this article is for you. Maybe you’ve been trying to sell your DFW house for a while now and haven’t received any offers, don’t panic! You still have a few options at your disposal to help you sell your house for a fair price.

You’ve probably already tried the first one at least once: Lowering the asking price.

While it’s a common aspiration for everyone to sell their house at a price higher than their initial purchase, certain factors can necessitate a reduction in your asking price. This may include a sluggish local housing market, economic downturns, or issues related to your home’s structure or location.

What are my options if I can’t sell my house in DFW?

Here are five alternative approaches you can consider when facing challenges in selling your house in DFW:

1) Take It Off the Market

It’s possible that you’re attempting to sell your home during less favorable periods, such as when there’s a surplus of similar houses on the market, in the winter season, or during the holiday period.

In such circumstances, it might be advisable to temporarily withdraw your home from the market for a few months, provided you have the financial means to continue covering your mortgage expenses. Waiting until market conditions become more favorable could be a more strategic move.

2) Take Out a Second Mortgage

If you’ve amassed a substantial amount of equity in your home, you might consider securing a home equity loan, provided you can manage the increased monthly payments. If that’s not feasible, there’s the option to explore a renegotiated loan modification plan with your lender or the conversion of your adjustable rate mortgage into a fixed-rate mortgage with a more favorable interest rate. The funds from such a loan can be allocated for various purposes, including real estate investments.

3) Rent Out Your Home

If you find yourself unable to sell your home and wish to avoid the burden of managing two mortgages (for your old and new homes), you can consider the possibility of leasing out your property at a rental rate close to your monthly mortgage payment. This arrangement enables you to utilize the rental income to cover your mortgage without incurring any extra financial obligations, aside from the standard costs associated with upkeep, maintenance, and repairs.

4) Consider a Short Sale

“I’m encountering difficulties selling my house in DFW due to an outstanding mortgage balance that exceeds the current market value of the property, a situation often referred to as being ‘upside down.’

In certain cases, you may be able to engage in negotiations with your lender to settle for an amount less than your outstanding mortgage balance. If it appears that foreclosure is the only alternative, your lender is likely to consider a short sale.

To proceed with a short sale, it’s essential to have a buyer who can swiftly close the deal. Fortunately, we have the capacity to do just that! Feel free to reach out to us today at (214) 983-1833 for a straightforward offer on your property.

However, it’s worth noting that participating in a short sale can have repercussions on your credit history. It may impact your ability to secure another mortgage in the near term, at least for a period.

5) Offer a “Lease to Own” Option

A lease-to-own arrangement involves renting your property to an individual with the opportunity to buy the home either before or when the lease term concludes. This becomes a viable choice when you struggle to locate qualified buyers, as it allows you to receive rental income in addition to a lease option fee from the tenant. Meanwhile, it offers them the time to accumulate funds for a down payment and enhance their creditworthiness, facilitating their ability to secure a mortgage for purchasing your home in the future.

Moreover, you have the flexibility to incorporate a lease premium into their monthly rent. This premium can be allocated toward the down payment later on, or in the event they decide not to exercise their option to purchase your property, you can retain it as additional income.

I Can’t Sell My House in DFW TX!

If you are interested in learning more your options for selling your home in DFW TX, call us at (214) 983-1833 or fill out the form on this page to get more information sent to you right away.

Get More Info On Options To Sell Your Home...

Selling a property in today's market can be confusing. Connect with us or submit your info below and we'll help guide you through your options.

What Do You Have To Lose? Get Started Now...

We buy houses in ANY CONDITION in Dallas-Fort Worth. There are no commissions or fees and no obligation whatsoever. Start below by giving us a bit of information about your property or call (214) 983-1833...
  • Hidden
  • By providing your mobile number, we may contact you via text message; standard message and data rates apply. Reply stop to opt-out.
  • This field is for validation purposes and should be left unchanged.

Call Us!
relief home solutionstaxi fare calculatorBest Coupons and Deals