Why is it so hard to sell our old house?

@bulastika (5966)
Philippines
July 13, 2012 7:56pm CST
My parents died now. We have a big old house our parents live and stayed for the last 40 years of their life's but now that they are resting and we live far away already. We decided to cell the old house than maintain it. since problem is the cost of maintaining it and who going to shoulder the expenses also. Its really hard for me to let go of this house but since I'm not financially stable to handle this problem I have no choice but to go along with the sale.
4 responses
• Philippines
14 Jul 12
Have you tried suggesting to rent the house instead of selling it? The house holds sentimental value I'm sure as you've probably stayed in that house as well for the most part of your life. If ever you want to take a vacation, you can move back to this house anytime you might wish. Try renting it for a while instead of selling it. It's going to be pretty sad if you had to sell something that your parents stayed in for the majority of their lives.
@bulastika (5966)
• Philippines
14 Jul 12
Its not advisable to be rented since its a big house in a small town. that's why its advisable to sell it only. Theirs no one who going to rent it simply because theirs just too many small houses that they can rent also. And our house is a land mark of our town also and owning it is already a prestige.
@bulastika (5966)
• Philippines
18 Jul 12
I guess every body want to live in the city now than in province. I don't know but if you ask me I still prefer to live in the province if theirs only an opportunity. But problem when living in the province is peace and order. that's why many in our town who can manage to get out don't return.
• Philippines
14 Jul 12
I understand. I can imagine that it's going to be very hard to sell the house, especially knowing it's status. Imagine if it's already a landmark, then it must have a special status already! But if you have to be practical about things, then I suppose you will have to sell it. In any case, I feel the same way about a property we own in the province. I'm definitely not going to live in it, although I'm sure someone in my family would like to live in it. We have a very small family, but my parents are not going to let go of that house no matter what happens. Although I can't imagine what I'd do with it once it gets passed on to me. I don't know anyone who would rent it either since most of the people where we live have their own homes and have set up livelihoods there. I certainly wouldn't want to live in the province especially since I don't know anything about livelihood there.
@aeiou78 (3445)
• Malaysia
31 Jul 12
I am sure you can sell this house easily if you are willing to lower the selling price. Before you sell this house, you must check with the valuer to find out the exact market price of this house. For me, I shall pretend myself to apply for housing loan and to approach any of the nearby bank or financial company for estimation. Then, I can get a free evaluation from any of them. With this cost estimation, I can negotiate with my prospective buyers easily. I am sure you can save a lot of commission if you sell it by yourself.
@bulastika (5966)
• Philippines
1 Aug 12
Their no problem is selling the price in term of price its the sense or feeling of regret that you going to sell the house that is the problem. In our case we can sell our house without any problem at all. In fact theirs just too many buyers who want to buy our house. It's just that we have hard time of letting our house go.
@Graceekwenx (3160)
• Philippines
15 Jul 12
of course there is always this element of sentimentality.. i wouldnt want to put it on demolition, or up for sale either because i have grown up there. The house that you grew up on would always be full of memories. now that you mentioned, now i think im getting tearful...
@bulastika (5966)
• Philippines
18 Jul 12
lols. I guess that's life. sometimes no matter how much valuable or memorable a place or things that we keep we must also let it go if we can't keep it for any reason. I have so many dreams about our house. Its who we are in their. But I guess we just need to let go and start all over again in other places.
@ARIES1973 (11426)
• Legaspi, Philippines
14 Jul 12
Hi bulastika. I'm sorry to know that thing. I hope you would able to find a solution to the problem you have right now.
@bulastika (5966)
• Philippines
14 Jul 12
I hope so but theirs no more solution into it. Its decided and its going to cost too much to maintain and its bot economical and wise to maintain the house since no one live their anymore but a long time caretaker who live in their for more than 25 years now.