It’s not hard to see the market has been hot over the last almost two years. While many investors have decided to cash out, others have chosen to continue to hold, and believe it or not, others who even didn’t make out so well as a seller.
Some investors were overconfident with their listing prices and ended up watching their property sit for months and ended up selling for 40k, 50k, or 60k under their asking price. While there’s no hard and fast way to make a decision, we want to help you think about it. Just remember, everyone’s strategy is different. So be thoughtful as you make your decision.
We will explore how to know if you should sell your investment property in Greensboro.
Location
Are sales hot or just beginning to pick up in the neighborhood? The current demand for the area is one way to know if you should sell your investment property in Greensboro. When a community is up and coming, you can focus on the features that are now drawing buyers to the area and show buyers the signs of new life coming into the neighborhood. On the other hand, if the site is on the decline, with crime statistics rising, it may be time to exit while you can still realize a decent profit and cut your losses. Have you kept up with the change in desirability of neighborhoods in Greensboro, Winston-Salem, High Point, or Burlington?
Income
The ROI is another way to know if you should sell your investment property in Greensboro. If it isn’t performing, of course selling makes sense. Experienced pros like direct buyers at Lehti Homes can help you run the numbers to determine if there is a better use for your funds elsewhere. At Lehti Homes, we will outline what you would earn from a conventional sale on the market vs. a direct sale and give you the information you need to decide what is best for you.
Financial Motivations
Would selling the property allow you to make a move on a better opportunity taking advantage of the 1031 tax-deferred exchange? Knowing you can create a better return on your investment is a good way for an investor like you to decide if you should sell your investment property in Greensboro. In addition, an expert investor like the direct buyers at Lehti Homes can buy your property directly and then help you locate a property for your like-kind exchange.
Personal Motivations
If personal reasons or a sudden financial emergency is forcing you to sell off your holding, this is one way to know that you should sell your investment property in Greensboro. Now, suppose time is suddenly of the essence. In that case, a sale to a direct buyer like those at Lehti Homes could be just the solution you are seeking because we have the backing of cash, your guaranteed closing can be in a matter of a few weeks, or we’ll wait if you aren’t quite ready, just set your date. Moreover, because Lehti Homes buys houses in as-is condition, you’ll save time, money, and effort by skipping the prepping, listing, and showing process altogether. As a former seller once told us, “I can have all the money in the world, but if life around me is bad then I can’t enjoy the money”.
Lehti Homes
A direct buyer from Lehti Homes can help you sort through all of the factors to help you understand whether or not you should sell your investment property in Greensboro right now. If investing in another property is the next step in your investment strategy, don’t forget to ask about our current inventory of the best investment properties available in Greensboro. If you decide to sell directly to Lehti Homes, we want you to feel good about the deal long after the closing, and that is why we make an offer that you will agree is fair. At Lehti Homes, we are your neighbors who live and work here in Greensboro. The direct buyers at Lehti Homes are happy to answer any questions you have with no obligation. Contact Lehti Homes at 336-355-7580.