Re: If the bottom is *really* a bottom ....
 

That's hard to say, of course.

It will work if the perception of what you are giving is more valuable than what they are giving up.

But at the bottom of real estate market cycles, fear is working in overdrive. Even though prices are cheap, almost everyone thinks prices will drop even lower. Thus, to avoid further losses, vacant land owners may be willing to look at your deal.

My suggestion: Throw some cash into your offer as well. You chances will improve significantly.

Robert Campbell


How to predict the bottom of real estate cycles