Need creative financing ideas to sell my condo in OHio

[Becky Engel]

I'm trying to sell my lovely condominium in Ohio. I had an offer of $115K but the buyer was unable to get financing at the last minute. He had wanted to move in on closing day. I was notified 2.5 days before closing that he couldn't get financing. Ugh. By then, my house was virtually empty and I decided to move forward with leaving the state as planned. 

So, my condo is now back on the market. I have it listed for $114,900 which is a very reasonable and comparable price. If anything, I'm UNDER market value because of the size and amenities my condo offers. I'm now out of state and have had several low-ball offers. The latest one is still $15K under my asking price. Instead of giving it away, does anyone have any creative financing ideas that I can suggest to the buyer for a way for her to buy it? I came up with these two scenarios: 1) mom and dad finance her down payment ($20K) so her loan is only for the difference of $95K. Her budget is $100K max. 

Another possible scenario: 2) she somehow does her basic loan with the bank and I finance the rest as a land contract. I'm not excited about this because I need to get the equity out now so I can get on with my own life. 

Help! I don't want to lose another deal nor do I want to hang on to the condo for months on end because I don't have any offers. This is a retail sale not an investment deal.

[Maria M.]

hope you wont mind me being straight forward . i apologize  in advance. 

1. why not sell it with owner financing by yourself .

     selling with terms when the buyer has trouble getting a loan (you can ask for a bigger down payment , but reasonable )

      term buyers dont mind paying a little more .

      get creative with down payments ( ask if they have something to trade with ,could be anything , boat ; car ;

gold ;diamonds ; plane ; IRA ; anything )

2. you will get to raise the price when you do this .

3.  try not to get emotional about the sale . look at the numbers , that's how i look at it .

4. need help with buyer trustworthiness  , check out 

   www.screenthetenant.com

hope this helps , if not , sorry . I tried  . all the best