I bought a house at $230,000 from the government as part of an initiative designed to supply people on a low income with affordable housing. I now need to sell the house but due to the problems with the housing market it is now worth $200,000. My question is this. What the fuck am I going to do! I have had the house on the market for almost 4 months now and the highest offer was $200,000. I owe the bank $218,000 and the realestate company will cost me $5,000 as their fee for selling the house. So the lowest I can sell the house for is $223,000. I have lowered the price range to $226,000 to $229,000. I'm reluctant to lower it a second time as I'm affraid people will keep watching it expecting it to lower and lower. Should I lower the price to $218,000 and then take out a personal loan to pay the estate agent? I can't let the house out and wait for the market to rectify because I need a place to live myself. I had boarders living in it but they trashed the place and stole from me the ****s, so I wont do that again. Am I fucked without hope? Can anyone think of something that may help?