The only neighborhood in Rowlett that has seen some price decrease is the Woodlake area. Do you feel confident with the price your Realtor gave you? Have you made any improvements to the home in 2 years?
Have you considered refinancing to lower your monthly payments?
Ultimately I would stay put if I was happy with the house and the neighborhood and the current payment. Brining 18k to the table is never a good thing. I have had a few buyers that took hits on the sale of their homes because they were buying a larger home and the deal they could get there made them feel better about losing on the sale of their home.
I own investment properties currently I can't sale any property based on balance owed and backing out fees.
HOWEVER I have done so in past DUE where I could move forward make money in other areas make up for loss.
Till home is comp'd difficult render an opinion of value and etc.
Have you considered leasing home ? Lease Purchase ? Would not recommend unless you had an agent representing you.
What is your intent to sale home short / long term goals
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Lynn A. Crosby ~ National Featured Realtor
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