asp.net visual studio 2012

Question

whenever i create new website application in vs 2012 it gives error... help me to resolve this issue :(


Source Error: 

An unhandled exception was generated during the execution of the current web request. Information regarding the origin and location of the exception can be identified using the exception stack trace below.

Stack Trace: 

[ArgumentOutOfRangeException: Specified argument was out of the range of valid values. Parameter name: site] System.Web.HttpRuntime.HostingInit(HostingEnvironmentFlags hostingFlags, PolicyLevel policyLevel, Exception appDomainCreationException) +298 [HttpException (0x80004005): Specified argument was out of the range of valid values. Parameter name: site] System.Web.HttpRuntime.FirstRequestInit(HttpContext context) +9873784 System.Web.HttpRuntime.EnsureFirstRequestInit(HttpContext context) +101 System.Web.HttpRuntime.ProcessRequestNotificationPrivate(IIS7WorkerRequest wr, HttpContext context) +254