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Updated about 3 years ago on . Most recent reply

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Jennifer Muhler
3
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3
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Help a Newbie - Offloading Unwanted Nuisance Property

Jennifer Muhler
Posted

Hi folks,

I bought a Contract for Deed on a property in Dayton, Ohio. It was performing for about 2 min before it turned non-performing, and turns out I don't have the stomach to pursue foreclosure so I've just been sitting with it. I've now received an order from the city to abate the public nuisance (either through rehab or demolition) and am newly motivated to find my exit. As I understand it, these are my options:

- Find someone to buy it (any takers?)

- Find someone to give it to (again, any takers?)

- Pay for the cost of rehab/demo myself (any tips on how to manage this remotely? Any contractors in the area want to take this on?)

Would love insight from anyone who navigated a similar issue and tips on how to pursue any of the following options.

Most Popular Reply

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7
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Kelly Brenning
  • Cincinnati, OH
4
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7
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Kelly Brenning
  • Cincinnati, OH
Replied

I would also suggest to reach out to local investors in the Dayton area.  You may be able to offload it pretty quickly!

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