Considering that nothing is selling in this area unless it is in magnificent condition, has a great location, and is extremely handsome--and then only after six months to a year on the market--I don't know how this "local realtor" came up with that idea. Perhaps if this were still 2005 when buyers were being desperate and crazy, yes. Now, who would buy such a thing?
I'm not saying that my heart is bleeding for this guy--he could have sold it in 2005. But then someone else would be having this problem. These things are always unfortunate.
That is true, which is why they have to use the force of law.