Reasons to Sell on a Short Sale

Finally, there is one good reason to sell on a short sale.

Don't trust a real estate agent who tells you anything different. Some agents just want to take a listing, to get their name out on a sign and to increase listing inventory. It may have nothing to do with selling your home and be all about the agent increasing business as a result of your misfortune, without ever going into an escrow with you.

Some agents take a lot of short sale listings but never sell any. Put your faith in agents who have a track record. Ask how many of their short sales listings have not sold. Better yet, ask for the number one reason to sell your home on a short sale over letting the bank take it back in foreclosure. If it's not the reason in this article, then you're wasting your time with that agent. But let me give you a hint: it doesn't affect your credit one iota over a foreclosure . . . read more about Selling on a Short Sale.

More Articles by Elizabeth Weintraub:

• Profits to a Seller on a Short Sale
  
• Will a Short Sale Ruin Credit?
  
• Qualifications for a Short Sale

_{©Big Stock Photo}

Technorati tag: selling short sale