The Real Estate Diet: How to lose that unwanted weight.
And by weight, I mean the real estate that’s weighing you down. Well, the answer is simple… ”just stop making the payments”. That’ll do it !!! We all know, that short of some catastrophie, it would be the wrong thing to do, but it is a means to an end.
Next you need to try the more traditional methods:
1) You can give it away ( I wish I could get rid of my unwanted poundage that easily).
2) Or you can sell it ( I’d be happy if I could sell the unwanted poundage too).
So if you don’t want to ”LOSE” your property and you don’t or can’t “GIVE” it away, then I guess you need to sell it. You can try and do this by yourself which has become extremely difficult in most sates because of increased regulations. And you’re NOT exempt just because you DIDN’T KNOW. If you take on the job, you take on the risk and the liability. You can buy books, which will primarily cover things on a statewide level, but not on your local level. And by that I mean local disclosures or laws. In our area we have “air quality” disclosures and “right to farm” disclosures, just to name a few.
If you find yourself in the need or desire of losing that unwanted real estate, do yourself a favor and hire someone to work with you to achieve your goals. It’s like hiring a trainer. You think you can do it on your own, but you know better. They keep you from going places you shouldn’t go and they keep you focused on your goal, the end result.
Remember; No Pain, No gain.
Again…Happy Selling
PS I guess I need to take my own advice and hire a trainer.
Wallace…
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