I have had my house on the market for almost 7 months in Florida. It went on the market in June. We decided to sell it since we have been renting it out due to having jobs and life in another state, and we did not think we wanted to go back there. My renter moved out in June, so I have been paying rent and mortgage for 7 months now. After the 3rd month I was getting nervous. When it came to the second week of November I was slightly panicking, and now we are are in a world of trouble due to debt from paying double rent/mortgage, and I was not in good shape financially when this started. I have had no offers, besides a ridiculously low invested offer that was kinda spam, I have reduced the price by 85k, and there is just no movement. As of the end of this month we are going to have to upend our lives and move back into the house. My partner is going to either quit his job, or we are going to have to live separately until the house is not stale real estate anymore. We are just sick about this. Two other people I know in real estate blame my realtor. He has been a friend, and sold my last house and found me renters when we had to move, but people say it seems like he didn’t hustle enough for this house in a challenging market. I am probably going to have to declare bankruptcy, and we don’t even have the money to move due to the double expenses for so long. This has been a nightmare. I know I am blessed to have property, and understand that many are struggling, but I never thought that this house would be the thing that ruined our lives. Anyone else had similar situations and have some creative solutions?
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source https://www.reddit.com/r/RealEstate/comments/1q77t1h/house_on_market_for_7_months_this_has_ruined_my/
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