Christian,
If you want to reconsider renting it out I might be interested. Let me know.

It does not take an expert, or even any real estate knowledge to tell you you need to lower the price substancially.

Probably you can't and will have to try a short sale with your bank.

just out of curiosity whats the MLS #? we moved here from fla and bought our home in july! I may have looked at your home and would be happy to tell u y we choose another home. thatsis if it is even a home we looked at! we used Home finders as our search company they were great!

Christian- I'm not a Realtor...
but in this market, it helps if you dare to be different in order to gain a competitive edge.

If you're motivated, priced right ,and could use some help ..please contact us.

Christian,
You have gotten some good advise here. It is a buyer's market in West Virginia. If I were you, I would talk to several Realtors in your area, explain your situation to them. Have them prepare a market analysis so you can see what similar houses in your area are selling for. In this market your house has to be at the top of the available list in price or for some other reason. If you make sure it is, your house will sell. Good luck!

I normally do not suggest doing a FSBO. I generally only send sellers to the blog attached to the first link below when they inquire about doing a FSBO. However in your case, maybe it's time to shake it up a bit, and try a FSBO. You could do that for a while just to see if someone out there might be focusing on FSBOs, because of some perceived value thing. If it doesn't pan out go back to getting an agent using the info provided in the blog attached to the second link.

If you decide on trying a FSBO, read the blog thoroughly and implement as many of the suggestions as possible. It's takes a lot of time to do a FSBO correctly, and to read the lengthy blog. I do apologize for the length, but I have been adding great suggestions from agents and sellers for months.

http://www.trulia.com/blog/rockinblu/2008/08/thinking_about_…

http://www.trulia.com/blog/rockinblu/2008/12/i_ve_got_my_fin…

Hello,

If your house is not selling then ask your Realtor to do another market analysis for you so you can see what the other houses in your neighborhood are selling for. If you find that they are selling for less than what you have it on the market for then I would suggest lowering the price. I always review the market with my clients every 90 days if it has not sold so they are educated on what is happening in their area. This is a changing market and we have to change with it. No "good" buyers agent will let their clients over pay for a house, not to mention the bank will not approve a sale on a house if it does not appraise for the selling price.

If you cannot lower the price and you have to sell because you cannot afford the home anymore you may want to discuss what are your options with your Realtor.

If you no longer have a Realtor I can recommend one in your area that is a good resource, and a good friend.

All the best, Coni Otto

Christian
The fact is that homes are selling. The problem is that yours is not. This is a common problem.

When there are many homes for sale, the homes that project the most value always sell, leaving the rest to languish. If you are serious, then you need to know that what you paid, how much you owe, or how much you invested does not matter to buyers.

ANY house will sell at the right price, with the right preparation , and the right marketing. If you are serious, I might be able to refer you to a local expert that knows the local market trends and can really do the job.