My husband has a job opportunity in DC. We *really* want to take it. We aren't on a strict timetable, however, and can move anytime within the year.
We bought our house in March 2009. At the time it was mid-priced next to the comps in our neighborhood... but ours is the only house that sold. Ouch. We paid $167k, houses for sale in our neighborhood are currently $110 (abandoned/foreclosed) - $157k. The realtor we talked to thinks we'll be lucky to make $160k. We wouldn't accept any offers that were less, as we don't want to short sale.
We're considering selling it ourselves, using a For Sale By Owner service that supplies you with signs/advertising and listings on Realtor.com, etc. But we're terrified of screwing this up- we've never sold a house. If we use the realtor we'll have to take out a temporary loan to pay closing costs (here, it's typical that the seller pays buyers closing costs as well).
OR we could rent our home just to keep it. My worries with this are: having to be landlords from another state, having crappy tenants who could mess things up, the neighborhood getting even worse and not being able to sell it when the time comes.
Sorry this is long... what are your thoughts on our situation?