The Motley Fool Discussion Boards
Investing/Strategies / Retirement Investing
|Subject: Re: Real Estate investing a smart move||Date: 3/22/2011 2:41 PM|
|Author: JAFO31||Number: 68686 of 72262|
StockGoddess: "Mom's house has been on the market 7 years and still no sale..."
Then I suspect she does not want to sell (perhaps because she does not want to recognize the reality of the marketplace).
Unless the house is on or adjacent to an environmentally contaminated site there is probably a price for which the house would sell to someone. Seven years is more than enough time to conclude a sale if the Seller truly wants to sell.
Just my $0.02.
|Copyright 1996-2013 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|