Quote:
Originally Posted by stomachmonkey
Well two months really is not a while.
Take a hit and price it to move.
I know you don't want to hear that but do the math on what it will cost you to sit on for another 4-10 months and then have to take the hit on price reduction to move it.
Talking from recent experience here.
Had a similar situation to yours, had two properties, sold one relatively quick and got a reasonable price for it. Sat on other one for 22 months. Had turned down an initial "lowball" offer. Fed $45k into it over the 22 months. Was thrilled to stop the hemorrhaging and take 70% of the original lowball offer when I finally unloaded it.
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My Divorce lawyer told me to sell my house about 5 months before the bubble went "pop" and I ended up paying mortgage payments for a year on an empty house, after I turned down a lowball offer, that was 30K more than what it eventually sold for. Hmmmmmmmmmm.