Owning an unwanted home in Montreal can hold you back in many ways. Find out how in our latest article!
Many people hold on to property they don’t want without realizing what it’s really costing them. Because of the financial consequences, frustrations and missed opportunities, an unwanted home has the ability to keep you from moving forward. Here are 5 common misconceptions about owning the wrong property in Montreal.
I won’t manage to find a buyer
Most owners who feel trapped or crushed by an unwanted home keep it too long because they think no one will want to buy it. However, there are usually investors and people looking for a house to renovate who want a property like yours. One man’s junk is another man’s treasure. Don’t think you won’t get a good price for your property without trying to sell it. You can start now with a free, no-obligation offer from Vendre Maison Vite!
I won’t be able to get a good price
If you don’t like the house, you might think others will. You may have convinced yourself that you can’t get a good price just because the house isn’t the prettiest in the neighborhood. But that’s not the case. Once you’ve found the right buyer for your home, he won’t try to buy it from you for peanuts. Professional buyers like those at Vendre Maison Vite will ALWAYS pay an honest price, regardless of the condition of the property and the situation you find yourself in.
One day, I’ll renovate it
So many people keep their property with the intention of renovating it but, in the end, never do. The basement will still be half-finished in 5 years, the kitchen will continue to be dark and too small, and the repairs won’t be done. If you really wanted to renovate, you’d have done it already. If you’re only keeping a property for what it might one day become, perhaps you should find a home that already matches what you’re looking for instead.
I believe its value will increase
It’s true that home values tend to increase over time, but this isn’t always the case. When the market is unstable, owners need to be aware that the value of their property can fall dramatically at any time. There’s nothing worse than owning the wrong property and holding on to it in the hope that its value will increase, only to end up with a house that’s worth less money than when you bought it. If you feel you’ve been stuck with the wrong house, it’s time to sell!
We’ll get used to it
While it’s possible that you’ll get used to certain problematic 
aspects, it’s highly likely that they’ll continue to drive you crazy. Frankly, it’s no way to live. Constant worrying, paying for repairs and dealing with one problem after another is no fun for anyone. Although you may get used to certain things, the question is: “Is this really what you want?”. You don’t have to settle there. You can sell your unwanted property and use the money to move into a home that better suits your current situation.
If you own a home you’re not entirely happy with, don’t try to convince yourself that you should be content with it. There’s no rule that says you have to own the same house forever.
