I have been negotiating a lot of short sales lately. There are many unpreventable problems that lead to short sales. I can't keep you healthy, within a marriage, employed, the housing prices up. The one thing I can advise it that many problems start when they owner refinances a comfortable mortgage in order to take money out!!!! I have been involved in three sales where the owner took out money then found themselves facing difficulties due to the higher payment and some other problem.
Notice the difference?
This is my rule of thumb.... Don't take out the money from your home unless its a matter of life or death!!!!!
Even smart clients can't predict the future.
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