Looking to buy or sell a home in Merrimack Valley? Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call us at (978) 852-3001 for a FREE home buying or selling consultation to answer any of your real estate questions.
If you or someone you know has a vacant property in Merrimack Valley, there are a few things you should know.
A vacant property is a non-producing asset. There is a potential to benefit financially if the asset is converted into a sale or a lease. Ask yourself what the financial potential is of this asset and whether you’d be better off selling or leasing.
Can you get an IRS tax deferred exchange? Is there a way you can convert that asset into a product you profit from monthly?
Should you move in and utilize the property? Maybe pursue a reverse mortgage. You might be able to utilize the property without having to pay a mortgage payment.
If you’re interested in a free consultation about a vacant property, give me a call or send me an email today! I look forward to speaking with you.
