With the Oklahoma City real estate market leveling out over the past couple of months, and the credit market being the way it has for a while, some folks are in a bad spot. They want to sell, for whatever reason, but they can’t. Maybe they haven’t been in their home long enough to realize any equity (leaving no room for Realtor commissions, closing costs & repair costs), or the tighter credit guidelines would keep them from qualifying for a new home loan.
So, if this is you, what now? Well, if you HAVE to move (i.e. job transfer, etc) you may want to consider renting your home out, and holding on until the market re-gains steam. If you’re not in a ‘have to’ situation, staying where you are for a while is probably the best option.
But often-times not getting what you want, and being forced to stay somewhere you don’t want to be can put you in a negative mindset pretty quickly. Don’t let that happen… after all, at least you’re still a property-owner, right?
It’s time to get to work! Make yourself fall in love with your home all over again.
- Clean up and de-clutter… clean spaces will put your mind more at ease
- Work on that curb appeal; weed the flower beds and plant something pretty
- Put a fresh coat of paint on the walls that will brighten your surroundings
You’ll be amazed at what these simple, low-cost improvements can do for the love-hate relationship you have with your home.
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