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Updated about 6 years ago on . Most recent reply

Hard to sell house in Baltimore MD
I am having trouble selling a completely renovated house in Baltimore Maryland. I have lowered the price several times now at $129,900 and am also trying to rent it for $1200. Does anyone have any advice? Seems like houses are selling very slow there due to the large supply.
Here is a link to the listing. Thanks.
https://www.realtor.com/realestateandhomes-detail/209-N-Linwood-Ave_Baltimore_MD_21224_M68240-84707
Most Popular Reply

Hi Brian,
Have you thought about owner financing it back up at your original price with a higher interest rate? Advertising it as no banks needed, owner will finance with good down payment. You might be surprised at how much down people have. No vacancies, no repair or tenant calls. After a couple of months if you want or need to sell you could possibly sell the note or just part of the note to recoup your investment. Just one program I use occasionally.