I was reading through the forums and saw a post that I thought should be examined. Our user camosilver has some property (2 vacant lots) that he can’t get rid of. He posted the listings on our site and every other classified site he could find. He is unwilling to sell for a loss, and must get rid, because the holding costs are too much.
What is he to do?
The advice I have is similar to that of several of our other users. He should probably find a good realtor and give an exclusive to them. Other ideas were to go with a lease to purchase option.
What other ideas to you guys have to help out here? Any other thoughts?
Note By BiggerPockets: These are opinions written by the author and do not necessarily represent the opinions of BiggerPockets.