What would you do with a 10 acre resort property you can’t sell and can’t use?

[Greg Christensen]

I bought the land in 2006 and like many others I have been licking my wounds after the crash in 2008. I pay $1400 a year in taxes, $1250 a year in resort dues, and have it financed on a HELOC at about 2% interest only (I currently owe about $125k). It has been listed since 2010 and has never had an offer. Price drops from $350k to currently $175k. I learned that the area sold 2 lots last year and they have about 500 on the market. This is honestly a great little resort town in New Mexico with skiing, golf, biking, etc. but I am living in Asia and can't use the property even if I'd like to. It's still listed, I regular post it to Craigslist, I am offering owner financing, but I've still yet to receive an offer.

What would you do?

MODERATOR:  NOT AN OFFER TO SELL THIS PROPERTY. ANY POSTS TRYING TO BUY THIS PROPERTY WILL BE REMOVED.