Both of us found oruselves in Morthal dealing with the Vampire coven for the Jarl. At the end of this quest we both had the same problem, more loot than we could carry and no place in Morthal to sell it. Now we both took different routes to deal with this issue.
Playing Skyrim: So my young friend wanted all the loot he had gather because, well he wants everything. With this in mind he went to the burnt out house and dumped enough of the haul to lift his encumberance and then fast traveled to Whiterun, sold off what we want to seel and then fast traveled back to gather the rest, repeating the process. This took him 4 trips to complete and he did this in about 10 minutes total time to get everything to Whiterun and sold.
Experiencing Skyrim: I am playing a form od Dead is Dead in my style and one of the things I will not do is fast travel. I was faced with a tough decision, I could walk all the way to Whiterun or I could reduce my load and run. I went back through my inventory and dumped all the stuff I really did not need but was still encumbered. I had found some neat heavy dwarven armor with a ton of extra health as well as Dwarven heavy boots with a nice cold resistance, these really pushed me over the top. I had plans to use each of them to enchant my Leather armor with the spells these possessed so I was not going to lose these, walking it was.
The path out of Morthal headed south and then I noticed it headed east. I was hoping to find a path over the mountain range and if need be I would do it cross country. My slow steady pace was not going to set any speed records but it diod let me encounter 3 different people on the path including an interesting Orc dealing Skoorma. It was when I met this orc that I found a path heading south toward the mountains. This path eventually led me to a massive ruin, Labyrinthian. Passing through these ruins proved dangerous due to a number of Frost Trolls I encountered. I was able however to fight my way through and eventually exited the mountains north/west of Whiterun.
The difference was that I got to enjoy the journey and had a stroy or two to share and he just was able to brag about his loot haul. BTW I was not all that interested in his loot haul but was was excited about my stories and ask me for map locations so he could go see this stuff.
I looked at him and smiled as I sipped my coffee, then I said. "Okay to find the ruins you will need to head out of Whiterun in a northwestardly direction, look for the ruins with the moon forge. There is a pass just north of there heading into the mountains take that pass." He actually looked at me like I was nuts and asked me again for where it was. I just smiled at him and headed for home.
Skyrim is a great game and I am sure playing it is fun. However until you EXPERIENCE Skyrim you will not know the fullness that this game offers.

