Now houses are sitting longer and prices are dropping.

My first guess was that it was someone drowning in water while attempting to clutch at a straw or rope.

Then I eventually just left it at the "Salvation Army Drop of Box" to allow someone else to benefit from it.

Drop me an e-mail sometime!

If i don't show them the place, they will not close.They never extended the contract after it expired unless my agent forged my signature....Personally, i hope they do back out.Does their threat hold any water????

It is very difficult to sell a "used" home in a market of new homes.The resell prices of brand new homes in subdivisions that are still being built usually drops a significant amount until the subdivision is complete.

The problems that I dealt with during my first year as a landlord:Water pipe burst / total rehab of 1 unitPay-as-you-go general contractor that didn't finish the work on the unitMold / complaint filed with Health DepartmentCrack in foundation that let water come into 1 unit every time it rainedGot locked in to a below-market-rent section 8 rentalMarketing for vacant unitsTenant disputesSection 8 dispute (although in this case it earned me $1900 :mrgreen: )Fortunately I haven't had to deal with evictions yet, but I know they'll come in due time.

Also, it has only one furnace and hot water tank.

The drop in population is concerning - can you find a reason for the decline?

Again, be aware that this will more than likely upset the tenant buyer unless they really don't want the house, are aware of their loss, and are ready to move on or drop the option.