HomeBlogReasons to SellFive Misconceptions About Owning a House You Don’t Want in Clayton, MO Share on Like what you see? Share with a friend. Five Misconceptions About Owning a House You Don’t Want in Clayton, MO Chris Kirshenboim | November 12, 2019 Last updated August 10, 2026 Almost nobody decides to keep a house they have stopped using. It happens by default, one month at a time, usually because of something they believe about the sale rather than something about the house. The unwanted home misconceptions below are the five we hear most in Clayton. That nobody would buy it in this condition. That the taxes and insurance are cheap enough to ignore. That an empty house costs nothing to leave empty. That the equity is safe sitting there. That any sale has to start with repairs. Each one is partly true and none of them survives the arithmetic. Owning a house you don't want runs roughly one to two percent of its value every year in taxes, insurance, utilities kept on for the pipes, and the repair that arrives on its own schedule. Four or five years of that is a kitchen. Meanwhile the roof ages, the yard tells the street the place is empty, and the number a buyer will pay drifts down. The honest version is that you have more options than you think and fewer of them require money up front. Here is what to do with an unwanted house, and here is what it costs to hold a property too long. If a straightforward as-is sale is the answer, how we buy houses lays out the whole process, and nobody at this office sets your timeline. We Buy Houses In Clayton, Missouri. At Chris Buys Homes in St. Louis, we provide residents with the ideal way to sell their unwanted property quickly by offering cash for houses in Clayton. Owning a property you don't want in Clayton, MO can hold you back in many ways. Learn how in our latest post! Many people hold on to an unwanted property, not realizing what it is really costing them. Between the financial aspect, the frustrations, and the missed opportunity costs, owning the wrong home is likely setting you back in ways you haven't even thought about. As local homebuyers in Missouri, we discuss 5 common misconceptions people have about owning the wrong real estate in Clayton, MO. So keep reading! You Won't Be Able To Find A Buyer In Clayton, MO Many people who feel stuck or burdened by an unwanted house, hold on to it for longer than they should because they don't think anyone else will want to buy it. However, there are typically investors and those looking for a fixer-upper who are looking for a property just like yours. As they say, one mans trash is another man's treasure. Don't assume you won't get a great price for the property until you put yourself out there. You can start with a free, no-obligation offer from Chris Buys Homes in St. Louis! You Won't Be Able To Get A Great Price For Your MO House If you aren't a fan of the house yourself, you may believe others won't be either. You may have convinced yourself that just because the house isn't the prettiest on the block, that you won't be able to get a good price. This, however, is not the case. When you find the right buyer for your home, they won't try to nickel and dime you. Professional home buyers such as Chris Buys Homes in St. Louis will ALWAYS pay you a fair price no matter the condition of the property or the situation you are in. One Day They'll Fix Your Property In Clayton, Missouri So many people hold on to a property with the intent to fix it up, however, in the end, they never do. Instead, the basement will sit half-finished for another 5 years, the kitchen will remain dark and cramped, and the needed repairs will go undone. If you are really going to fix it, you would have already. If you are solely holding onto a property for what it maybe one day, you might want to find a house that is already what you are looking for in a home. The Value Of Your Clayton, Missouri House Will Go Up Sure, over time property values tend to rise, however, this isn't always the case. When the markets are unstable, homeowners must be aware that there is potential for their property value to drop dramatically at any time. There isn't anything worse than owning the wrong property, hoping the value will rise, only to find yourself with a property that is worth less than when you bought it. If you feel like you are stuck with the wrong house, the time to sell it is now! They'll Get Used To It In Clayton While you might get used to some of the problems, they will most likely just continue to drive you crazy. Frankly, that's no way to live. Worrying about your property on a regular basis, paying for repairs, and dealing with problem after problem isn't fun for anybody. While you might get used to some things, the question is, do you really want to? You don't have to settle. You can liquidate your unwanted property, turn it into cash, and move-on to a house that makes more sense for your current situation. Sell My House In Clayton, MO If you own a real estate you aren't completely satisfied with, don't trick yourself into thinking it is what you should settle for. There is no rule that says you need to own the house forever. If you do not want to live in or occupy the property in any way, then another option is to sell your house in St. Louis directly to Chris Buys Homes in St. Louis instead. We are your local Missouri home buyers and we can offer you the best possible solution to your real estate needs. Tired of owning a house in Clayton, MO? We are here to help! Reach out to us today! (314) 334-1481 FAQs Frequently Asked Questions Can I sell a house in Clayton that has sat empty for years? + Yes. Vacancy is normal in a direct sale and it does not disqualify anything, though a long vacant house usually needs the utilities turned back on for the walkthrough. Do I have to clear the house out before selling it? + No. Take what matters to you and leave the rest where it sits, because handling the cleanout is part of buying a house in its current condition. What does an unwanted house actually cost per year? + Between county taxes, insurance on a vacant property, minimum utilities and ordinary upkeep, most owners land somewhere between one and two percent of the home's value annually.
