If that is not for you and you want to know how to sell a house in a bad neighborhood, first you need to think of all the positives. If you are good at emphasizing the positives, like now is a good time to get a low interest mortgage, you will likely have a better chance at selling your house quickly. Here are some house selling tips:
1) People who might buy your house will not have to worry about the the area going downhill because it is already there. In all liklihood, the "bad neighborhood" may get better which would make your house a good investment.
2) If you are trying to rent a rental in a bad neighborhood, you might have an advantage over a good neighborhood. This is because people in the lower income brackets tend to rent longer because they never have enough money to move and buy a house. Finding renters in a good neighborhood is often difficult because everyone there is looking to buy. Come up with as many reasons to rent and you will be able to make a better sales pitch to your potential renters.
3) If you make your house better looking than all those around it, which is often not hard to do in a bad neighborhood, your house will stand out among the rest. Make sure your house you want to sell is the best looking house on the block in that "bad neighborhood". You might try looking up some repairing home tips first.
4) Houses in rough neighborhoods are much more "recession proof" than houses in nicer areas. This is a great selling point in these troubled times.
5) Many people want to buy a house in a nice neighborhood but just can't afford it. This is your chance to reach those people and give them that nice house in a neighborhood that is not so nice but will only get better. How to sell a house in a bad neighborhood can be a challenge but with creativity and hard work, it can be done.
