If you are looking for strictly investment information I use several investment calculators that determine return on investment, cash flow, pre-and post tax earnings, cap rate, etc. How long are you planning to hold the property before you expect to realize a return?
I am wondering if the home is really worth $300,000 more than the ask. Foreclosed properties in Hastings average 29% less than traditional sales. We do a Comparative Market Analysis and a Market Trend Analysis to determine true market value today and forecast future trend for the property. My initial offers on these depend on the analysis results particulary the Market Trend Analysis.
Lake homes have been hit by the same market conditions and we have a number of great deals on these as well. Let me know if we can assist you.
I think it is time to move on from the agent. At no point should you feel that you are bothering them. I am a "fill service" agent but I'm not going to knock any other business model. My clients are very satisfied with how I work and what I earn.
It seems that you have a unique property that is requiring a innovative marketing situation and has some specific drawbacks also with the assessments. I think that it is going to be more difficult than just puttin it on the web and posting a few flyers around.
The best post in this is Deborah's. You need an agent that understands the motivations of the potential buyer and how to get them to notice the availibility and then to present it as the best option for them.... more