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Four Reasons To Hold Onto Your Houston Texas Home Instead Of Selling It

July 1st, 2019

HOUSTON, TX. - There's no denying that just about everyone has either bought or sold a Houston home in the last couple of years but depending on your situation it make not make sense for you to sell your home right now.

If you're "on the fence" about selling your home, here are four examples of when it makes sense to hold onto a home rather than selling it.

#1 - You Don't Need To Sell Your House To Buy Another Home

The first reason to hold onto your home instead of selling it is if you don't need to sell your home to buy another house. This is an ideal situation to be in because it means you can take your time selling your home without the stress of selling it just so you can quickly purchase another home.

#2 - You Can Qualify For A Second Mortgage

Let's say that you can qualify for a second mortgage, if this is the case you shouldn't hesitate on getting that second mortgage while renting out house #1 because holding onto real estate is an excellent way to continue building wealth while generating income for your retirement.

#3 - What's The Market Like?

Although the market is steady at the time of this writing, the truth is that it may not be so steady when you're reading this article and in this case you may want to hold onto your current home and rent it out for one year while the market gets back on track.

#4 - Your Home Is In A Prime Renters Area.

Last of all, but most important, if your home is in a prime renters area, this is another reason to hold onto your home instead of selling it because if you can easily qualify for another mortgage, you should rent your Houston home with confidence knowing that you can quickly rent it for top dollar.

Contact Me

For more reasons to hold onto your home instead of selling it, or to search for homes for sale in the Houston area, contact me at (713) 819-1642 or click here to connect with me online. 

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Disclaimer : The views and opinions expressed in this blog are those of the author and do not necessarily reflect the official policy or position of the Houston Association of REALTORS®

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I believe an educated Buyer or Seller will be far happier during the home buying/selling process.
JLA Realty
5332 FM 1960 East Suite C, Humble, TX 77346   Get Directions
Phone: (713) 489-8130
Fax: (866) 720-7817
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