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Tuesday, October 12, 2010

Real Estate 101: Mistakes happen ( That's Why We Have Short Sales)

Real Estate 101Mistakes happen, deal with the consequences and move on.  How else will you make your next mistake?

Very few of us are perfect.  OK, none of us are perfect.

Bad choices in the real estate market have caused a lot of people headaches.  But the nice thing about a mistake in real estate - it is not terminal.  There is a recovery.

It may take a few years of “therapy” - not mental but rather "rental therapy!"

Some are selling their homes as short sales due to life changes like a death in the family, a change of employment, loss of job. There are some who ended up getting in over their head due to an easy mortgage. 

After that real estate "mistake" is sold via short sale or lost through foreclosure, move on.  You may have to rent for a few years or more.  So be it. 

Life goes on - even after a short sale!

Call me at 321-693-3850 or email me to discuss your options if a short sale is in your future. I may not have all the answers but I do know some really smart people! [I am not an attorney or CPA. My advice is strictly limited to marketing your house or condo.]

Gary L. Waters PLLC, Florida licensed real estate agent, Century 21 Baytree Realty, Rockledge, Florida working with buyers and sellers in Brevard County including the cities and communities of Melbourne, Viera, Rockledge, Suntree, Merritt Island, Cocoa Beach and the surrounding region.

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