> Yes, if only we could turn back time and
> make different decisions and not have sunk
> an exorbitant amount of money our into a
> property that is not sellable even though it
> IS a beauty.

> Locking the door and just walking away
> without a penny of the substantial equity
> we've put into this home makes it extremely
> difficult to set up even another simple
> living arrangement. We will still have to
> service the huge debt load from this home
> (while it sits locked up and vacant) in
> order not to ruin our credit.

> It presents a challenge...but one we must
> accept and somehow find a way to make
> possible.

In Australia there are three basic reasons why a house may be unsellable.

1: The house doesn't meet legal requirements for some reason. Like maybe the pool doesn't have a fence around it, or the downpipe has come away from it's conection at the ground level. That sort of thing.

2: Legal action pending. Like maybe a new fence was built and you, as the seller, don't want to pay for your share and your neighbor takes action to be reinbursed. Or your being sued, etc.

3: Unique design. Like maybe the house fits your tastes perfectly... and therefore is certainly not most buyers' cup of tea.

There are some more reasons. But these are the most common.

Reason 1 requires money. Yuck. Reason 3 requires patience. It will eventually happen. Reason 2... 'nuff said.

Whatever reason your house is unsellable, some visualization could help. You know... detailed imagination of the house being sold and you're moving out, kind of thing.

You could always approach your bank, present your medical evidence of why it's in your best interest to move, and see if they know a way to help you.

> By the way...I couldn't pull up the site for
> http://www.remissions.org . that you
> included in your post. Maybe they just have
> it offline to work on it ~ I'll check again
> later.

While the site's not coming up, try these two links which are from Google's cache of the site...

remissions.org cache

and...

Some Answers

Michael Ross.