Thanks to the mortgage and housing market problems and the general gloom and doom associated with the economy, our Thorntown house remains unsold.
After a month on the market, our Realtor suggested it's time to cut the price - something we readily agreed was a good idea.
Having two house payments and paying to heat a house through another Indiana winter is playing havoc with our cash flow.
So we agreed to cut the asking price by $5,000 today, which is about six months of mortgage payments on the place. If we can unload it inside of six months, i.e., by August, I'll be a happy camper.
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