hello fellow investors,
I had purchased a lot in cape coral florida for 90k, march 2005, it is across from a wide gulf access canal well developed area, with sewer electric and water. I have been trying to sell with a real estate agent but have had no calls at all. On paper I own the property out right, but I have a home equity loan against my house of $680 per month. It is costing me about $8000 per year total. I would like to sell, but am unable to attract buyer any help would be greatly appreciated. I can do owner finacing with the right terms, or should i offer a cash payout to who ever can sell the property for me? Any other creative ideas?
Thanks Billy