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How do you just get rid of a house?

Long story short, my mom has a 460k house she has had listed since August that hasn't sold. She's had some people come and tour the house but no body is buying. It's a beautiful 5 bed 3 bath with no issues and its only like 2 years old.

I know the market is saturated with people trying to sell homes, but the mortgage payments on this house are crazy.

75% of her income goes just to paying her mortgage. She still has her first home and wants to move back into it and get rid of the second house because she's getting behind on payments. She has a real estate agent who is helping her discuss options, but I'm wondering if there are options the agent wouldnt mention because they're not profitable to her.

She's stressed and I'm stressed by proxy. I think just taking the L and selling it at a loss is the best way to go but I don't really know anything about how to go about that short of calling the we buy houses numbers I see posted up around town 💀 it seems better to me to sell it for cheap than to end up getting it foreclosed on.

Any advice??

submitted by /u/Pupapanyo
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source https://www.reddit.com/r/RealEstate/comments/1pw6iub/how_do_you_just_get_rid_of_a_house/
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