Good morning, Erin:
If the reason is that your mortgage amount is at or above what you think you can sell for, you can become a landlord, sell as a short sale, take back a personal note at the sale, or wait until you have paid down your mortgage and/or prices have risen. What you plan on doing after you sell your home may can significantly impact your options. Sometimes, if you are buying and selling in the same market, you can find a real estate broker who is willing to accept a lower commission on the listing in exchange for your payment of extra commission on your purchase. If they find a terrific deal on your new home and successfully negotiate to buy it below the market or on especially favorable terms that match your financing, the additional commission can be included in your new loan and become a non-issue. If you appreciate an answer, please give thumbs up. For the most helpful answer, please say thanks with a best answer click.