Having Trouble Selling Your House In St Clair Or Madison County Illinois?
If you’ve thought about selling your house in St Clair county or Madison county Illinois or have already tried and failed, Cardinal Creek Properties has a program that might be perfect for your situation. Do any of these scenarios apply to you?
Are you tired of hearing your real estate agent coming up with one excuse after another why he can’t find a buyer? Maybe the reasons aren’t excuses but you simply can’t make the improvements to make the house competitive or it’s the slow season for selling.
Do you owe more than your house is worth and can’t afford a real estate commission? A 6% commission is a huge chunk of cash that has to be factored into the offer price and often tips the scale too far for a lot of home owners. You listed it for sale anyway but it was way overpriced and you couldn’t sell it.
Do you have equity in your house but don’t want to pay a ton of money for taxes when it sells? Unless you’re rolling the profit into another house, you’ll likely pay taxes on that income.
Do you have a rental property that is a pain in the butt and you never really wanted to be a landlord? You had dreams of being a real estate investor but the guru glossed over the headaches tenants cause when you bought the course.
Did you inherit a house and don’t know what to do with it? Maybe you like the idea of keeping it for awhile and getting a monthly payment to use however you want.
Are you a real estate investor ready to retire but don’t want to give up the monthly cash flow OR pay taxes when you sell a property and cash out?
Regardless of the reason, trying to sell your house may be time consuming, exhausting and down right stressful. Worse yet is if the house sits on the market for a long time and still doesn’t sell! Once the listing has expired you’ll have paid utilities, accrued daily property taxes, had to leave your house on short notice for showings. Unfortunately you’re not alone.
In 2019 there were almost 1,500 expired listings combined in St Clair and Madison counties. New listings for the same year totaled just over 8,700. Although real estate listings rotate in and out on a daily basis, it’s safe to say that approximately 17% of all listings expire without selling! That’s an eye opening statistic. With an average combined days on the market (DOM) of 158 between the two counties BEFORE the listing expired, home owners in St Clair and Madison counties just sit and wait … and wait … and wait … likely getting continuously frustrated as the showings slow down and eventually stop, if they even had any to begin with.
Of the 1,500 expired listings, over 300 were on the market for over 6 months and the longest on the market was 2,809 days! Imagine being the owner of a house and waiting over 7 years trying to sell a house and still not succeeding. Granted there are often extenuating circumstances and each home listing is unique, the combined numbers show the stark reality of trying to sell your house even within the best circumstances.
Cardinal Creek Properties Has A Solution For Each Of These Scenarios
Cardinal Creek Properties will lease your house for 3-5 years with no hassle and all the benefits to you! How does it work? It’s a simple as a master lease agreement between you and our company so that you may move on with your life and know that your house is in good hands.
What Are The Benefits To You?
- An experienced and successful company as your tenant
- Cardinal Creek Properties uses Professional Management Systems to take care of your property
- A built in buyer with our Option To Purchase within the lease period
- Direct payments to you or your lender if you have a mortgage
- Increased equity as your mortgage is reduced by monthly payments
- Possible tax benefits of having an investment property
If you’d like to know more about our Master Lease with Option to Purchase program please visit our contact page or call us at (314) 467-8137 so we can discuss your situation. We’re ready to help you with your house in St Clair or Madison county.