We are TRYING to sell the house and have come off to what every estimate and appraisal says it is worth. The town the house is in truly has a very dead market. Also found out our real estate agent really made no effort to market the house.
Now we are in a position to have to do more maintenance to it (sink more $$ in to it) just to unload it because it has been empty for nearly a year. Sigh.
We simply want to bail out of it - WE CANNOT continue to make two housing payments per month. It has killed our savings.
Put this property up for public auction if there are any competent real estate auctioneers operating in your area.
When son in same situation he shortsold and rolled shortage into a new mortgage on 2d house. He was stuck, though. Agent can make all the difference, though. Best selling agency with their best salesperson. That’s normally a person who actually works. Too many don’t work at showing. Just wait for phone calls.