I own a house in Anderson that has dropped in value because of the way the economy has been and that there are a few houses for sale in the same area that are crappy. I just dropped the asking price by 3000$. We have come to the conclusion that we need to drop the price even more to get it to sell. Our realtor discussed that we should drop it again and that if it sold at a lower price that we should expect to have to pay out and extra 4000$ or so at the closing. I asked her if we were to go to our bank that has our mortgage would we be able to continue to pay that down like a loan so we wouldn't have to come up with an extra 4000$ To try to get. She said that banks won't do that. I am going to the bank tomorrow and I am going to speak with their loan officer to see if there are other options that would be better. We just want to get out of the house with the least amount of getting screwed as possible. My wife says we should find another realtor and my brother in law thinks we should rent it out for a few years. I'd prefer not to rent it out because I have a fear of having someone trash the house. Any advice would be great.