House prices are soaring and it’s becoming more difficult to find a home that’s affordable. This is especially true if you live in a highly sought-after location. If your house has been on the market for more than six months, then it may be time to consider moving.
In certain circumstances, homeowners may not be able to sell their house because of their neighbors. When this happens, they have two options: Keep living next door to them or move away. Here are some ways you can deal with your neighbors that won't let your house sell.
When you have a neighbor that refuses to sell their house, it can be frustrating. They may be asking for more money than the market will bear or refuse to make repairs without compensation. The good news is that you have some options if this happens.
It’s a difficult situation to be in when your house has been on the market for over six months and it's because of your neighbor.
If you try asking them to deal with the noise or other disruptions, they may not comply. They could be having their own problems that are preventing them from selling their house.
Here are some ways you can deal with this stressful situation:
-Ask your agent to negotiate a price reduction with the neighbor if they won't agree to change something about their property (like the noise, excessive lawn care, etc.). This will hopefully get them to sell their home and solve both of your problems.
-Consider moving away if they refuse to cooperate. This is always an option but it can be expensive and time-consuming.
The first option is to move away to a different neighborhood. It’s possible that your company will cover part of the cost of moving, or you may be able to get a loan for the rest. However, if you live in a location where there are many other houses for sale, it’s not likely that you’ll find another house as quickly as you would have if your neighbors weren't causing problems.
The first step is to ask your neighbors for help. They may be willing to lower their asking price, so you can sell your house and leave. If they refuse, then it’s time to start looking for a new place to live.
If you live in a highly sought-after location, then it’s likely that any house that goes up for sale will go quickly. The problem is, if your neighbors don’t want to sell their house, they can get in the way of yours being sold as well. If they're not happy with the amount of noise you're making or any other reason, they may not be willing to sell while you're next door.
One way to deal with this situation is by offering to buy their house at a higher price than what its listed for. If the neighbor doesn't want to sell, but wants to make more money, this might do the trick. You could also offer them something else in exchange for them not selling their house next door. This could be anything from free lawn care for life or even paying off their mortgage for them.