This seems to be a question that many Buyers are asking themselves these days as Short Sale seem to be everywhere. The idea to post on this today came from a conversation that I had today when I phoned a Buyer's Agent to follow up from a showing notification that I received from my showing service. When I phoned the Agent to find out what her customers interest was in my Short Sale property listing in Coral Springs Florida she said,"...oh, we never went to see that as my Buyer didn't want to have anything to do with a Short Sale..." (The fact that she never called to cancel the showing is a whole other post.)

So why are so many Buyers still afraid of a Short Sale? They heard from a co-worker, a family member, a news or blog story that  Short Sales are horrific. But that is all a matter of opinion and yes, we all have opinions.  Had you asked me about a Short Sale I would be jumping up and down about them; as I think they're great. Why? Because I have taken the time and put forth the effort to learn all that I can about them in order to serve my customers that I have chosen to help avoid foreclosure or to help my Buyers secure a fabulous buying opportunity; after all, don't Buyers like to buy things on sale?! Yet too many, who have not armed themselves with knowledge (knowledge is power) have chosen to look at Short Sales unfavorable. Why the difference of opinions? Because when you have success in something you'll speak highly of it and when your level of success hasn't been great then it is all doom and gloom. So that being said, it all boils down to trusting the opinion of Agents and/or others that know about short sales.  If you're trying to sell your home to avoid foreclosure and your Agent selling your home knows Short Sales, your chances of avoiding foreclosure are pretty great.  Now on the other hand, if you've selected an Agent who isn't proficient in Short Sales your level of success lessens. The same holds true if you're trying to buy a Short Sale.

So the next time someone tells you to avoid Short Sales to buy or if you're trying to avoid foreclosure and someone tells you to just walk away from your home, seek knowledge instead.

Got a Short Sale question? I'd be glad to answer your questions. You can reach by phone at 954-464-1100 or by email at lynnp@ImagineYourHouse.com

I serve Real Estate needs in South Florida, particularly Coral Springs and surrounding towns of Coconut Creek, Parkland, Sunrise and other Broward, Dade and Palm Beach counties.

Visit my site at www.ImagineYourHouse.com and here too on Active Rain.