PD: A listing longer than 60 days on market demonstrates that the seller had sufficient equity and/or net worth “to move on”. With the steady decline in price appreciation, an offer to have seller carry up to 20% of the selling price for up to 5 years at a favorable interest rate completes the sale without severe price cutting. Close of escrow overcomes an unanticipated “fear of lost equity” that the vacant/underperforming asset presently places upon the seller. OwnerMayCarry.com suggests a win/win/win for buyer/seller/realtor.
