I see one potential problem in this whole thing that has not been addressed yet. It appears that your house has been on the market since mid 2010. That is 3 1/2 years. What explanation are you going to give to the judge that will justify the house not selling in 3 1/2 years? Unfortunately it could look to the judge like you have deliberately priced the house NOT to sell.
Valid point. All I can say is that three years ago the price was unreasonably high. Two years ago it came down, better, but not enough. During these two years, yes, I kept it up there a bit to hopefully make myself the best deal I could, while not feeling the pinch yet to be more competitive and sell?
Last year ago, came down again, and I was priced competitively if not aggressively. A different motivated broker, with 17 lookers in a 50 day period. Unfortunately, 17 lookers equates out to 2-3 serious ones. I'm in the "wheelhouse" at this point price wise, and I have a next door comp and an appraisal to back that up. Just met with my broker this AM, and he is convinced the supply of properties like mine are dwindling and sees no reason to move off the price point. If anything, he sees it being even more attractive this coming season. At my level, he is expecting activity high and soon ..... once summer arrives. It's very seasonal here with a 4-6 month "hot" selling season per year.
The truth is I would prefer not to sell, but I am priced at this point such that it will likely happen unless I can come with another alternate plan. Hey, getting debt free is a pleasant notion too.
I don't think the judge will get into suggesting that I "price fixed", but if he does I'll have to deal with that. I do have some support for the number I'm at now. Also, it's not as though the judge can tell me to leave money on the table either.
Did I mention I'm absorbing interest on the past due spousal support? That mitigates the price question some. I'm paying something for delay.