Rehab Complete... no showings, now what?
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!
Most Popular Reply
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.