If you’re comfortable with the idea, try to reduce the price a little and find better, more clever ways to market your property. Analyze the previous marketing plan and strategy. How many buyers looked at your house? What was the feedback they gave? Did the listing appear in both print and online formats? What home did the people who visited your house end up buying instead? If you’re desperate for the money, another option is to rent the house, while keeping it listed for sale. After facing the painful decision of leaving your home, it’s now time to find the most suited option to close your debt. You could talk to the lender for permission for a short sale, meaning to be able to sell the house for a smaller value than what you owe, or reach an agreement with the lender to call off the foreclosure and accept the deed back. The last—very last—option you should visit is filing for bankruptcy. This way, the foreclosure- related liabilities can be delayed for several months, extending the timeframe you have to make it all work out. During this time, you can remain in that house for free and save money to move elsewhere. Even if it’s a heartbreaking solution, with a lot of negatives to throw in the mix, there might
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