Are you frustrated and thinking, “I can’t sell my house in Boston, Plymouth, or Cape Cod MA!” If your home has been sitting on the market with no offers, don’t worry—you’re not out of options. Many homeowners face this challenge due to factors like market conditions, high listing prices, or property issues. The good news? There are still several ways to sell your home at a fair price.
Lowering Your Asking Price—Is That the Only Option?
Most sellers try one thing first: reducing their asking price. While this can sometimes attract buyers, it’s not always the best solution. If your local housing market is slow or your property has structural, location, or financial hurdles, lowering the price may not be enough to get the sale you need.
Instead of settling for a loss, consider these five alternatives when you feel like “I can’t sell my house in MA”:
1) Take It Off the Market Temporarily
Sometimes, the issue isn’t your home—it’s the timing. If there are too many similar houses for sale in your area or you’re listing during a slow season (like winter or the holidays), it may be beneficial to pause your listing. If you can afford to wait, relisting when market conditions improve could result in a faster sale at a better price.
2) Use Home Equity to Your Advantage
If you’ve built up equity in your home, you could consider taking out a home equity loan or second mortgage to manage financial concerns instead of selling. If your goal is to lower payments, refinancing into a fixed-rate mortgage or negotiating a loan modification with your lender could make your home more affordable, giving you time to sell later under better conditions.
3) Rent Out Your Home
Can’t afford to keep paying two mortgages while waiting for your home to sell? Renting out your home could be a smart solution. If you can secure a tenant whose rent covers your mortgage payment, you’ll buy yourself more time while avoiding foreclosure or financial strain. Keep in mind that you’ll be responsible for maintenance, repairs, and managing tenants, but this strategy can be a great alternative if you’re struggling to sell.
4) Consider a Short Sale
“I can’t sell my house in Boston, Plymouth, or Cape Cod because I owe more than it’s worth!”
If you’re underwater on your mortgage—meaning you owe more than your home’s current market value—you may be able to work with your lender to complete a short sale. This means selling the home for less than the mortgage balance, with the lender agreeing to forgive the remaining debt.
Lenders often prefer short sales over foreclosures because they help recover some of the loan balance faster. However, short sales can affect your credit, so be sure to understand the implications. If you need a quick buyer to facilitate a short sale, we can help! Call us at 617-812-7837 for a hassle-free offer.
5) Offer a Lease-to-Own Option
If finding a qualified buyer is your biggest hurdle, a lease-to-own arrangement might be the solution. This strategy allows a tenant to rent your home with the option to purchase it later. Not only do you receive rent payments in the meantime, but you can also charge a lease-option fee and potentially a premium on rent that can later be applied toward the purchase price.
If the tenant decides not to buy, you still keep the lease payments and option fees as income, and you can try selling again when the market is better.
Still Thinking, “I Can’t Sell My House in Barnstable”?
If you’re struggling to sell and looking for a fast, hassle-free solution, we’re here to help. At Telegraph Hill Realty Holdings LLC, we buy houses in MA for cash—no repairs, no waiting, and no stress. Contact us today at 617-812-7837 or fill out the form on this page to explore your options and get a fair cash offer for your home!