Your ex-agent friend is right.
Even if you find a buyer at a higher price, than a foreclosed home sold for. Unless that buyer is paying cash, they will not be able to get a loan. The appraiser will factor in the foreclosed, and auctioned prices.
The home wont appraise.
I am very confident and willing to sell a home in any area. under the right conditions, I price a home to sell, not expire.
Email me your address, and I will email you a CMA.
We are confident we can get the home sold, but it is a team process where the home will need to be priced correctly, shown correctly, and marketed correctly. We can help with all three...
Actually, start with Amy (sorry guys), then flip a coin for Patrick and Jay. If it doesn't work out with any of them, give us a call...
Have you considered a lease/purchase? If this is not your primary residence, you may want to lease it out for 12-24 months. If you are not enamoured with the idea of property management, don't worry there are several excellent property management firms out there.
Give me a call and I can share some rental statistics with you.