I Can’t Sell My House In Omaha Nebraska… Help!

If you’ve found yourself saying, “I can’t sell my house in Omaha Nebraska,” this article is for you. Maybe you’ve been trying to sell your Omaha 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.

You buy your house several years ago and expect it to appreciate.  You work hard to keep it well maintained and looking good.  You do your own research and come up with a price that you think the house is worth.  You list your house to sell on the market and, it sits there.  Unfortunately, we all know what the problem is.  Your house is priced too much to sell.  No one wants to hear that, but it may be the reality.  So, what can you do?  You can talk with a relator to see what you need to do to get your house to sell at that price.  You may have to remodel a room, maybe add new flooring and paint.  Sounds like a lot of work and money!  Now you have to ask yourself, if I do all this work is it going to make it worth it?  That’s the question you have to ask yourself.

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

Here are five other things you can try when you can’t sell your house in Omaha:

1) Take It Off the Market

Maybe you are selling when it is not a good time to buy, especially with families.  Put yourself in the buyers’ shoes and see if it would make sense for you to buy a house at this time.  Another reason it may not be selling is we are during a period of high interest rates.  These rates can really affect a purchaser’s buying power, even to the extent where a buyer no longer wants to buy a house.   With these factors, maybe it would be best to take it off the market and wait for a better time to sell.  You may also have to wait for interest rates to drop, which could be an even longer period.  This option may work only if you are not having financial issues yourself and you are able to pay your mortgage payment.

2) Rent Out Your Home

This option will be attractive to you if you already have another home purchased and you are not financially tied to the property you need to sell.  Why not find someone who would rent out your property and cover the mortgage payment while you are waiting out say a high-interest rate period.  This will make having two mortgages much more affordable to you and you may even make some money depending on the rent you are asking and the rental comps in that area.

3) Consider a Short Sale

“I can’t sell my house in Omaha because I owe too much!” This can happen if you purchased your home within the past few years and currently owe more than the home is worth (called being upside down).

In some instances, you can negotiate with your lender to accept less than what you owe on your mortgage. If it looks like the other option is foreclosure, your lender probably will accept a short sale.  To do this, you’ll need to have a buyer on board who can close quickly. This is where your local homebuyers come into the picture.  Seek out these people because they are able to buy properties and close on them quickly, sometimes in as little as seven days.  Property Bridge Solutions is a company that has the capability to do this.  If this is something you want to explore, give us a call and we would be happy to walk you through it!

Keep in mind, however, that short sales can affect your credit. Redeeming a pre-foreclosure on your credit history might disqualify you from getting another mortgage, at least for a little while.

4) Find a Local Homebuyer

If you are not in a financial hardship buy you want to sell your house and sell it fast in Omaha, seek out your local homebuyers.  These companies will buy your house as-is, there are no realtor fees, and you can close at your convenience!  The problem here though is you may not get the price you are looking for.  Homebuying companies buy homes at a discount.  What you get in return is less hassle, no inspections, no realtor fees, and everything included in the sale of your house is done at your convenience.  That’s why they buy homes at a discounted rate.

This might not be for you, but it might be an option to explore where you can compare and contrast your options.  If you are really wanting/needing to sell your house and can’t, this would be my first call vs calling a realtor.  In some situations when I have received a call from someone wanting to sell their house, I laid out our process and our price that we would pay for their house.  I also laid out selling with a realtor and what they would need to do to sell it fast.  Sometimes I was able to buy the house at a discounted rate because it made sense to the buyer, other times the seller thought using a realtor was the better option for them.  This is a decision that is different for everybody but the takeaway from all of this is get your options and decide what is best for you!

I Can’t Sell My House in Omaha NE!

Give us a call and we would be happy to walk you through our process of buying homes, how we come up with our pricing vs selling your house via FSBO or using a realtor.  There are advantages to both and we would be more than happy to share what we have to offer!