Quote:
Originally Posted by mepstein
I'm a Realtor and know NJ real estate. Lower the price until it sells. Price sells houses. Renting will be a pain and the market is not coming back in NJ for a good long time. Taxes will keep going up and in 2 or 3 years, after you have a renter or 2 bail on you or stop paying rent but not leave, or a pipe burst or storm flood or kitchen fire, you'll wish you sold when things were better. Sell now, move on and have a good life. Don't think about what you paid, what you once were able to sell for or how much you are "loosing".
Lower the price, lower the price, lower the price.
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Sage advice.
Stage it and sell it. Put it behind you and move on. You are not in a position to accept the risks listed above. Not financially, and not geographically.
Your spouses inability or unwillingness to accept/see the financial reality should not change your decision.
Your only other option is to seriously look for work back in NJ. I doubt that is an option for you.