Thanks I’ll need the luck. Haven’t had much up to now.
I did seek professional advice. Here’s what they said: Do they have a pulse? Are they willing to sign an agreement of sale? Wow You just won the lottery!
And I should say that the rent isn’t very low. I would say it is the low end of the range. Of course I had been adverising it for rent too and hadn’t been getting anywhere. The house was way too big for most people and they were scared by the utilities.
Here’s how I see it. Has anybody ever been to NYC and seen the “DON’T BLOCK THE BOX” signs. The idea is that gridlock is caused when one car or set of cars block the intersection. Then cars going the other direction can’t progress, blocking the intersection behind then, which causes a cascading effect. (Sorry if this is obvious, I know in So Cal people only drive on Freeways)
Well that’s whats happening. People cant sell their house so they can’t buy the next house. So the next house people cant sell their house. Soon all potential buyers are in gridlock. This is a way to get around this. Get houses off the MLS, lowering the inventory, and stabalizing the market.
I’m sticking my neck out to see if it works. I’m unblocking the box. I’m singlehandedly saving the housing market!! You may all thank me later. 😉
