Alternatives to selling a home in a slow market?
My wife and I moved to a new city 3 yrs ago for my new job. I am now able to work completely remote and we would like to move back to our home town, but the realestate market here is very poor. We really can't think about a new home untill we feel confident ours will sell. Any one have any alternates to listing and selling the home? Its been on the market for almost 4 months now. Bridge loans do not look like that good of an idea, but any opinions on these? Thanks in advance.
Asked By: DrSean - 8/9/2006
Best Answer - Chosen by Asker
You have the wrong real estate agent. How long did you sign your listing for 180 days? You should have signed a 60 day lease with a 30 day roll period if you were pleased the agent was doing all in his power to sell the property. Never give more than 60 days... More
Answered By: Skip - 8/10/2006
Additional Answers (5)
Put it up for rent
Answered By: Joe P - 8/9/2006
sometimes the realtor will buy it. If your home isn't too far away you could always rent this onr out or sell it on a rent-to-own basis
Answered By: Theresa - 8/9/2006
trade it for a red paper clip
Answered By: theskullknows - 8/9/2006
Most markets are slow right now. Isn't it possible to drop your asking price and then low-ball the house you want in the next town? Those owners are in the same boat as you.
Answered By: szydkids - 8/9/2006
When in Doubt, RENT IT OUT!!! Put the rent money towards equity in the home, which will make a GREAT credit score. Also, a good savings plan, and nest egg, with little to no work. Its a risk, but the reward far out weighs it.
Answered By: Jeff - 8/9/2006
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