When thinking about the real estate market, many focus on visible factors: the asking price, interest rates, and market trends. But for homeowners looking to sell, there’s an often-overlooked aspect: the hidden cost of an unsold property. When a home lingers on the market without finding a buyer, the impact extends far beyond simple inconvenience or frustration—it can quietly drain a homeowner’s finances and complicate future plans. Here’s a look at these hidden costs and what homeowners can do to minimize them. 1. Ongoing Maintenance and Upkeep Costs Whether the property is a primary residence or an investment property, it requires upkeep. From lawn maintenance to routine plumbing a…