Here are some thoughts on Short Sales!

Short Sale Pros

Avoid Foreclosure – This is probably the biggest plus to a short sale – you can avoid foreclosure and everything that comes with it. There are still things that will follow you.

Credit Score – While there still may be an effect on your credit score, a short sale generally has less of a negative effect on your credit rating.

Short Sale Cons

Credit Damage – There is still going to be some damage to your credit, even with a short sale.
Possible Tax Consequences – If your short sale is approved, there may be consequences when it comes to your taxes.

As you can see, there are quite a few pros and cons to the short sale. Because it may be confusing for you (unless you happen to be a real estate wiz), it’s nice to know you can get FREE INFORMATION about short sale pros and cons. Or leave a question here and we’ll try to help. Thanks and good luck!

Update

Exciting new Short Sale information coming soon! Stay tuned in for details!
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Making It Happen

Sometimes things don't happen, you have to make them happen. In this case, the real estate transaction.

Do not get discouraged if a deal does not go the way it should in the beginning. The real estate business is a people business. Sometimes you will find out the the Purchaser or their agent is not able to convey or understand how to convey things the right way in order to keep the lines of communication open to make the transaction work.

Periodically, you have to step in and take the bull by the horns. In this case, the bull meaning the Purchaser. It is necessary for the Seller to perhaps directly speak with the Purchaser or vice versa and have a meeting of the minds. I want this, you want that. Let's find the happy medium and make this a win-win situation for both and close this deal. This of course does not make the agents happy, but it's your property and your deal and if the Purchaser wants it, sometimes it's best for those who have not only a monetary stake, but a emotional stake in the deal to make it work. After all, they still get paid, don't they? So they should understand.