We rented our home since we were unable to sell in this market. What do we do?I'm active duty military and currently serve at a different location. I bought my home in Las vegas in 2004, with the help of the VA (30yr fix). Since relocating in 2009 I have not been able to sell so we have been renting. We want to sell but we are looking at a 50K-70K lost. What are our options? We have no desire to return to Las Vegas, and we grow weary of handling our home as a rental. My next assignment may be overseas and I will not be able to maintain two homes. Can a bank re-appraise a home to adjust for current market value? How will a short sell harm me finacially in the long run? I really appreciate your advise.March 02 2011 - North Las Vegas0YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.