Online House Hunting - What should I do? Go for a foreclosure?

What should I do? Go for a foreclosure?

I bought a home in '07. Everything was going great, and then the A/C unit died, bought a new one with my credit card. 2g's. bought a new lawn mower and trailer. 3500. on credit card. after 6mos there lost my job. 2mos pass no job. broke, no more money. get a new job. 100 miles away. rent a place in new town cause gas was $3-4gal. cheaper to rent than pay for the gas. put house on the market. does not sale. some thief steals lawn mower and trailer from house. rent house out and renter is a turd head. does not pay rent and messes everything up. so i will not rent it out to anyone else. real estate agent gets arrested for trying to have her husband killed. Get a new agent that does not seem to care about me at all. still paying rent and a mortgage. I fired the agent and find a new one. tell me all this stuff I need to do to the house to get it to sale. that is great. just one big problem. no money. credit cards are maxed out. try to get a loan to make the fixes. turned down at 5 banks cause I already owe too much. so not fixes. been on the market for a year and a half now. no one is even looking at it anymore. last week some turd head steals my A/C unit that I bought right after I got the house. I cant afford the deductible for the insurance now. wtf can I do. I am not behind on anything but I only have like $20 buck I can save after I pay everything. What should I do? I want to go back to school. But I can't until I pay off my credit cards. and I cant pay off my credit card until I get rid of this house. ARRR! Should I try foreclosure or bankruptcy. I am just so tired. thanks for any help you can give me. At the end of my rope. neverlast00

Public Comments

reduce listing price. This needs to be a short sale. a year on market indicates price is too high for current market. short sale beats foreclosure for credit reasons.
look for a new job back in your old stomping grounds, and move back into your house.
What David says. Also I am proud of you for not missing payments.