63. I Can’t Sell My House In Fridley MN… Help!

Selling My House for Cash in Fridley MN

Have you been trying to sell your Fridley house for months now, but you haven’t received any offers? If so, don’t panic! You still have a few options at your disposal, that can help you sell your home quickly and for a fair price. One of those options is to consider selling your house to FastPath Home Buyers. Here at FastPath, We Buy Houses for Cash in Fridley, and throughout the greater Minnesota state. Our main goal is to provide a service to our local community by buying up local home sellers houses; we work to ensure that an easier method for our local home sellers to sell their house (without having to deal with the stresses of selling on the open market with an agent) remains available. With FastPath, you get a fair all cash offer, no matter your situation: foreclosure, divorce, the loss of a loved one, job loss etc. You also get to sell your house ” as-is” ( You won’t have to worry about cleaning or repairs). Contact us now, by calling (612) 351-2384 to get an all cash offer today!

If you’ve found yourself saying, “I can’t sell my house in Fridley MN,” this article is for you.

By the time you find yourself saying the above statement, you would have probably already tried this option: Lowering the asking price.

Everyone has an optimum value that they intend to get out of their home sale. But if housing prices are low in your area, the economy is struggling overall, or your house has structural problems that require repairs, you may be forced to reduce your asking price.

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

Here are Five Other Options that you can try, in order to get your house to sell in Fridley:

1) Take It Off the Market

Your home may not be selling because your trying to sell it at a bad time. This is usually the case during the winter months, or during the holidays. In between these periods, the real estate seller market is typically flooded, so you will experience a lot more competition than in other months.

If this is the case, it may serve you best to take your home off the market for a few months. For those that can afford to keep paying their mortgages, this would be a great option. It allows them to wait until the market conditions improve.

2) Take Out a Second Mortgage

If you have built up a significant amount of equity in your house, you may consider taking out a home equity loan. However, this option is only open to those who can afford to pay the higher monthly payments. If not, consider the possibility of renegotiating. This could help you acquire a modification on your current loan plan with your lender, or convert your adjustable rate mortgage into a fixed-rate mortgage that has a lower interest rate. These types of loans can also be used to fund other things, such as real estate investments.

3) Rent Out Your Home

If you are struggling to sell your home, but don’t want to hold two mortgages (your old home and your new home), another option you may have available would be to rent out your older home at or near the price of your monthly mortgage payment. This allows you to pay for your second mortgage with your rent money. It’s also a cheaper method of getting around your mortgage with limited expenses– other than maintenance and repair costs for your tenants.

4) Consider a Short Sale

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

In some instances, you can negotiate with your lender. If you intend to short sale, they could possibly agree to accept less than what you owe on your mortgage. Their other option would be a foreclosure, which banks typically do not like to do.

To do this, you’ll need to have a buyer on board who can close quickly. Fortunately, we can! Give us a call today at (612) 351-2384 for a hassle-free fair offer on your house.

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 couple of years.

5) Offer a “Lease to Own” Option

A lease to own option is when you rent your house to somebody. This particular agreement gives your tenant the option to purchase your home at or before the lease expires. This is a good option if you can’t find a qualified buyer quickly. It allows you to collect rent plus a lease option fee from a tenant, while giving them time to save up for a down payment and establish their credit so that they can take out their own mortgage, in order to purchase your house.

You can also add a lease premium to their monthly rent that can either be applied to the down payment later or – if they don’t end up exercising their option to buy your home – can be kept as income.

I Can’t Sell My House in Fridley MN!

If you are interested in learning more about your options for selling your home in Fridley MN, call us at (612) 351-2384 or fill out the form on this page.