2 real estate reality checks for the overly optimistic

Mood of the Market

By Inman News Feed
Add Comment Add Comment | Comments: 0 | Posted Nov. 21, 2011

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As the Buddhists say, "Abandon hope." At least a little bit -- when the facts don't justify maintaining it. Opting into reality allows you to make clear and conscious decisions that minimize your exposure and prevent you from allowing your mortgage problem to snowball.

Tara-Nicholle Nelson is author of "The Savvy Woman's Homebuying Handbook" and "Trillion Dollar Women: Use Your Power to Make Buying and Remodeling Decisions." Tara is also the Consumer Ambassador and Educator for real estate listings search site Trulia.com. Ask her a real estate question online or visit her website, www.rethinkrealestate.com.

                                                   

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