[quote]Not all sellers will take that step. Jerry Anderson has listed his four-bedroom home in Dana Point, Calif., on and off the market for the last two years. He’s cut the price to $1.25 million, down from $1.75 million, but hasn’t had any offers on the home, which has three fireplaces and ocean views.
Mr. Anderson, who bought the home in 1987, says he’ll take it off the market in December if it doesn’t sell rather than cut the price. [quote]
[img_assist|nid=13653|title=dana point million dollar mansion|desc=|link=node|align=left|width=100|height=67]
This is Mr. Anderson’s 1.75 million dollar mansion that he is discounting at $1.25!
it is 2800 sqft on 10,000 sqft lot and first purchased for $400k back in 1987. backing up to a busy street.
I say just take the home off listing. there’s a similar sqft home with less upgrades going for $1.06 in the same tract.
