Reasons You May Need To Sell Your Home

Jan 11, 2023

There are always reasons homeowners in Edmonton, Alberta, want to sell their property. Whether for personal or financial reasons, a house that’s of no use to you may be someone else’s dream home. Because we understand how difficult it can be to sell your house, we’ve listed the top reasons why you might want to sell your home and how we can assist you:

Why Sell Your House?

There’s much to consider when it comes to selling your Edmonton house:

You Have to Downsize

According to the National Association of Realtors, 60% of homeowners under the age of 38 stayed in their homes for less than 8 years. One of the main reasons is that some homes are just too big. Perhaps you’ve recently become an empty nester and now have too many empty rooms to take care of on your own. 

Many homeowners downsize in order to make ends meet or to avoid having to take care of a giant home all on their own. Downsize and live somewhere that makes more sense for you. This way, your bills will get cut down, and you can make a profit from selling your home. 

The Home Needs Repairs

Perhaps you’ve inherited a home in your family and you quickly learn that the structure is in rough shape. All those repairs are going to cost a lot of money. Money you may not have. Instead of hiring help to do patches, painting, or renovating, you can sell the home as is and generate a decent amount of money out of it. 

You’re Tired of Land Lording  

Let’s say you’ve been land lording for a few years now. It may have started off great, but now you’re finding that it’s becoming too much to manage. Whether it’s due to bad tenants who don’t pay their rent on time or damage to your property, it may not be worth the hassle. Instead of going through the stressful rigmarole of managing your own rental space, you can sell your property and make a quick profit. That’s much less stressful, right? 

You Have Health Issues

Any physical ailment can be enough to set you back. With all the medical costs, it might make more sense to sell your current Edmonton, Alberta property. Selling your home in favour of a new location well-equipped to meet your needs, especially if you have trouble walking or can’t do too many stairs, could be a lifesaver. Accessibility and accommodation should be the main considerations if you plan on moving because of health issues. 

Too Much Maintenance  

Are you finding that you’re constantly fighting to keep up with the maintenance and repairs of your current home? Whether it’s due to your age, physical limitations, or a disability, you shouldn’t have to take care of all that space on your own. Many homeowners find that the maintenance isn’t worth the size or condition of the property. Selling and moving to a less demanding Edmonton home may prove beneficial. 

You Need More Cash

A big perk of being a homeowner is that you can build equity, and if times get tough, you can turn that equity. Perhaps you’ll use the funds to purchase a new property or maybe you want to downsize and keep yourself afloat with some extra money. You can sell your home and use the proceeds to keep yourself going. 

In many cases, homeowners may struggle to pay their mortgage and property taxes on time and find themselves growing a mountain of debt. Allowing yourself to fall behind on payments is never a good thing. Selling your home may be the best resource to help rejuvenate your finances and get you a more affordable home.

Avoid Foreclosure 

If your home and property are in the “pre-foreclosure” period, you can take the opportunity to sell and avoid foreclosure. Your home can be sold for enough money to help you cover everything you owe to your lender, including mortgage payments, fees, and more. Selling before a foreclosure can also help you avoid damage to your credit score. 


How We Can Help

Have you found yourself in a situation where you need to sell your Edmonton house fast? We can lend a helping hand. We’re the transparent, simple, and convenient way to sell your home as is. No commission is necessary. You choose the closing date and leave behind whatever you can’t take with you. A sale to us is completely confidential, and we have the cash ready to buy your home quickly in Edmonton, AB. 

Do you believe our team at Solution Home Buyers can be of service to you? Contact us today for a free, no-obligation evaluation of your home in Edmonton, Alberta. No need to stress over the selling process. Let us take your home off your hands the easy way.

Reasons You May Need To Sell Your Home & How We Can Help
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