In today's market things are changing every day. I can remember not too long ago when nothing was selling and when working with a buyer they had unlimited options to what they could purchase. Right now things are a little bit different. Homes are flying off the market and lenders are willing to deal. Our housing inventory went from an abundant 26,000 homes to just under 17,000 in a matter of a few months. I can also remember a time when Short Sales were not selling ... today they are!

Nowadays it is costing lenders less to Short Sale a home than it would be to foreclose on one. This is not to say that if you are going to Short Sale your house it will sell and approved by your lender. This just means the chances are much higher than in recent history. President Obama even has given lenders a bonus for every home they Short Sale. Since that time we have seen a tremendous improvement in the Short Sale process that banks use to sell homes.

Some of our clients have even been able to qualify to purchase new homes after a Short Sale. Just think the glass is always half full! Maybe a Short Sale may breed other Real Estate opportunity for you. Take advantage of today's pulsating marketplace. If not - at least it may free you of the burden of a home you simply need to sell.

Posted by: Kase Ellers - Assistant Manager/Associate of RE/MAX Gold Partners. (407) 463-9315

"When you need a place ... call Kase"