Help! I Have A Property That Wont Seem To Sell.

I have a property I had purchased rehabed and now doesnt seem to want to sell I am considering renting it out.( I am currently living in this property)
As I have not rented out anythig before I would rather sell it. Can anyone help me out with advice on running a rent to own or assumable loans? I am new to all this any advice is welcome! Thank you- Orenda

Comments(5)

  • Stockpro997th August, 2004

    Are you asking too much for hte property? Generally this is why they don't sell fast. Also, have you tried offering the progams through Hart and Nehemiah that allow a seller to sell to a buyer no money down with conventional/FHA financing? Jeffrey Adam had a good post on this and that is where I learned of it..
    [addsig]

  • kenmax8th August, 2004

    if you are not getting any interest it can only be 2 things......price to high or curb appeal.......kenmax

  • buddy8th August, 2004

    What or who is a Hart & Nehemiah?

  • ORENDA8th August, 2004

    Thank you for the input! I have seriously been thinking about the rental thing with this house because it is located in a up and coming area. It might be to my advantge to hold on to it for a bit. Is there an average of how much you should clear a month on rental? Since I am new to this I would like to know which realestate books or "system" is the best to read? Keeping in mind I am working this in Pa. Thank you all again.

  • kenmax8th August, 2004

    you should look at lease/option or maybe owner fin. {all or part of the balance} this could generate some interest for buyers.......kenmax

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