Homes for cash

They generally offer you like 70% of value at most. If you really need to sell it, just drop the price to 80% of appraised value, and it would likely sell.

Why dont you just owner finance it. Its better than selling it if its so undesirable. You can charge more money, charge a higher than normal interest rate, and make money for years on it, and way more than you would selling it now. I plan on owner financing my portfolio of dogshite real estate when its time to retire.

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Perhaps you think your condo is worth more than it is?

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I'm sure that is the case, but I have it listed below market/appraisal value. With the first realtor, I listed it based on what I believed the appraised value would be. 2nd realtor provided an estimated appraisal report and we listed based on that (about $5k lower), then dropped it another $10k over the contract. Now, I have it listed about 10% below most-recent appraisal, which places it about $3-5/sqft under the last sold condos in the area for the last year.

I think the biggest issue I am facing is unless it is a prime area (uptown, garden district, warehouse district, etc.) condos in the area do not move.

I gotcha. I'd focus on recent comps more than appraisals going forward. (Even though appraisals do factor in comps... ) Sounds like that could be tricky if there isn't much action nearby though. Good luck.

Those we buy ugly houses people are just middle men pushing homes to someone else. So think about it if you are selling to a middle man who has to sell it again to an investor whom then sells it again to a consumer, how are you going to be anywhere close to getting a good deal?

I would say 70% is probably high, I'd bet they are wanting to spend closer to 50%.