Rehab Complete... no showings, now what?

[George Moehlenhoff]

So here we go. My rehab is complete, had it on the market for about 3 weeks, and no showings. We have 1 open house with 7 or so couples coming through.

So here's the question, what do I do to increase traffic, better yet, what would you do in this situation?

I'm guessing all the responses will be lower the price, but I am curious if there's any other advice.

Thanks again BP, I could not have reached this point with out this site and J Scott's site. Now we just have to sell this place!

[Ryan Pyle]

Put it up on craigslist in the For Rent section and advertise the payments. You are still looking for someone who can get a loan, but this opens you up to people who think they can't get a loan or who just need a house that's nice enough or a deal that's good enough to push them along.

Here is a link to one of my craigslist ads for your reference: http://toledo.craigslist.org/apa/2521071494.html.

Note the big, bold, red letters that say you must have a 600+ credit score to qualify. That is Wells Fargo's minimum. Make sure you have a contact there or with another L/O that can offer a low credit score loan.