short sale, best way to buy a short sale homeThe best way to buy a short sale home is to use a Realtor who has short sale training and experience. The short sale process is much more complicated than buying a regular home, so if you have a desire for saving a lot of money on your home purchase, contact a local Realtor who can either help you or refer you to someone who specializes in these home transactions. You will probably be able to find a lot of inventory in your market to look at. Experts think that 2009 will be as difficult a year for short sales and foreclosures as 2008 was, and 2008 set records in the industry for record amounts of distressed properties coming onto the market.

You can start your search for a bargain basement home online. There are many websites that list these properties, and once you find one that is suitable for you, call the Realtor listing the property and get the details on it. If it seems like it would suit you, make an appointment to view the property, and then start the negotiating process. Yours may not be the only bid for it, but the Realtor can help you there. Sometimes banks evaluate one bid at a time, and others look at multiple bids. Above all, be patient.