23,
I have a simple solution for you. First though, I’d say the ‘value’ of your home once you throw out fraud, loose lending, reckling borrowing, and comps based on all of these is probably about $120/sqft, or low $200s. However, it looks like you may possible be in a situation where you could actually buy the house below today’s market value and sell it for a quick profit (no I’m not a flipper, but here’s what I would do). Invite back those realtors who said it was a steal at 400-425 and several more. When one tells you it’s a steal at 425 for example, tell him you will make him the deal of a lifetime and sell it to him for 400 and ask how soon he can close. Do this several times knocking off 20-25 grand off the “steal” price. Having known several realtors, they are always looking for a truly good deal for themselves. If you get no takers above 380 (which I suspect you won’t), go find yourselve another place to rent.
