My house has been on the market for a year in the Indianapolis area. After the first contract expired, we got a new agent, and she has been great. She had a virtual tour online (before we painted), she had a commercial running 4 times a day, and we have had open houses.
We have painted, put in new carpet, and drastically dropped the price to the point we are going to lose money. We are desperate to get out of here. What more can we do? MLS is 2734306.
I am not working right now, and we are trying to get into something smaller that we can afford on my husband’s salary. We HAVE to sell, or will be forced to foreclose.
We do have roses in the back yard, and nice landscape and hostas in the front.
Go to this website, and put in the MLS # at the bottom.
http://www.mibor.com/resources/search.asp
MLS # 2734306
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I have tried to look for your house online so I would be able to give a better answer; however, I am unable to locate the house.
My suggestion is to not lower the price anymore, if you don’t get enough to pay the house off, its not going to do you any good to sell it. You will be left paying for something you no longer live in. I know from experience about the threat of foreclosure. After I was out of work for three months, due to neck surgery, my husband and I faced the same scenario. Have you talked to the mortgage company to see if they could/would help? just a suggestion, ours wouldn’t but maybe yours would. We ended up doing a dead in lieu of foreclosure. An attorney advised us this looked better than the company actually foreclosing on our property. I wish you all the luck!
ADDITION 6/20/07
I looked at your house – thanks for the link. I think that your house is well worth the asking price, maybe a little more. What are the houses surrounding it selling for? I am sure your agent has all of this information. I am sorry I don’t know a way to help you out; but I wish you all the best!!
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