I am sure there is a post here...I just have to find it! This afternoon I went to the dentist to have a permanent crown inserted or attached or however you describe it. I am not a good patient - ever. Anyway, the technician asked me if I wanted anesthesia. She volunteered that about half the time people get through the procedure just fine without it. I thought, if half can do it, I can. So, I made the decision to "John Wayne" it.

Well, I made it through OK but there was some definite sensitivity, probably exacerbated by my nervousness. In the end, all was fine. This got me to thinking about the current housing situation.

If we have been around any length of time we have, over the past several years, sold some homes that are currently not valued at the purchase price. Some folks are now nervous. Those with adjustable rate loans have seen their payments rise. Most are making the payments, barely. Selling now to get out of the situation is not really an option without damaging their credit history. So, what does a person do?

Now this is a stretch but it goes back to my dental experience. Most will be able to handle the minor discomfort. Although sensitive to the pain, most will "John Wayne" it. In the end, over time, the pain will subside. The market will rebound. The property values will climb - eventually.

So, if you find yourself in that situation, if at all possible, refuse the easy way out.  A short sale or a foreclosure may be the anesthesia for the immediate situation but the discomfort will not last.  

Considering a move to Brevard County, Florida. Give me the opportunity to be your Realtor. I promise to make the experience as pleasant as possible.

Gary Waters, Realtor, Century 21 Baytree Realty, 8195 N. Wickham Rd, Melbourne, Florida 32940.