I have attended a number of “webinars” on the topic, read lots of blog post, am going to sign up for a 3 hour online course and today I attended a Short Sale Workshop all in an effort to try and find some consistency to it all and guess what there isn’t any, like almost everybody didn’t already know that. Everyone who professes to be an expert on Short Sales has a different approach and it seems that the lenders are in the same boat. I don’t know about you but it really scares me, I’m one of those folks that asks the question “is this for the Greater Good”? I’m not sure that what I’m learning about short Sales has anything to do with the Greater Good, which I loosely describe as bringing stability to the overall real estate market. I’m not looking at this from a mind of little experience, having been in the Real Estate industry for over 37 years, I’ve seen a number of recessions, economic contractions and expansions and although they are all different, they all have similar qualities. What concerns me most about short sales is it really seems to be more about how much everyone can make rather than bringing stability to the overall market, it just seems to me that there has to be a better solution, somewhere there in between the short sale process and the foreclosure process, I’d like to dig in their and see if I can find it. Don’t get me wrong I think the Short Sale is a good first step but I also don’t think it is the best answer. I must admit, I am one of those that over analyzes and over educates and over prepares to delve into thing and that said I have not done a short sale as of this writing however I feel I am at the point i could take them on from the Sellers or buyers side and probably form the investors point of view, that is probably my next step to dive in and get a feel fro them to look under the hood so I can see how they work how they feel and maybe even how they can be made better for the Greater Good. It concerns me that we are pushing a process that every time it takes place in a subdivision, a community, a city, a county etc it pulls the value of those areas down even further than the last one, how will we ever see a stabilization of real estate values if the process being used is all about driving prices down rather than creating stability or recovery. I know there are opportunities to become disgustingly wealthy in this real estate market, with these processes but what about The Greater Good or should we care, I’m sorry I think we should……….