How to rid yourself of a property you can’t even give away?

[Greg Christensen]

Long story, but I have a mountain property I’ve had for sale for years. I finally got an offer at about 80% of my asking price, but the offer is contingent on me accepting another property in the same area in addition to the cash. This may sound like a great deal, however there are significant carrying costs with owning land in this mountain resort. Resort dues, taxes, city fees – all add up to about >$2000 per year regardless of the value of the lot.

In this area, there are about 800 lots for sale and very few sales per year. No non-profit will take the land as a donation due to the liability. No individual wants the land for free because of the liability. If I don’t pay taxes and dues I will get liens and potentially impact my credit.

I’m thinking I’ll have to reject the offer unless there’s some alternatives to ride myself of ownership of the contingent lot. (By the way, I already countered to exclude the other lot but the buyer won’t buy my lot unless I take his).

All ideas are welcome!