For any legal advice needed, do consult with an attorney who specializes in real estate-- An unconditional release means, no conditions need to be met--if you have such a release you you are free to do what you please....... more
The harsh answer is: You can either drop the price until you get interest or take it off the market. If you must sell for whatever reason and your home will bring less than it is worth on today's market, do a short sale. For that you need to work with a knowledgeable short sale Realtor in your area who can explain the next step.
Sorry, but values may not come back for years. It's not just the amount of inventory but also our economic standing in general. Anymore people can only buy what they can afford judged by their income. It's back to basics. Learn about all your options and then choose the best while keeping in mind that neither option may be what you really want.... more