Most people faced with a short sale aren’t able to stay current on outstanding debt. Some people really do have it THAT bad! Let’s be honest, if you are not going to pay the mortgage, avoid the temptation to spend the extra money on discretionary items. Save some of the money!You may need it for relocation, closing costs or other unforeseen expenditures. There are items that come up which may require seller responsibility to close the deal. For example, on an FHA loan the bank will not finance with a murky pool. The buyer/seller still wants these items to be cleared to complete the deal and may need to come out of pocket. Yes, you can find another buyer, which takes more time or you can handle it. In addition, the bank occasionally may ask you to bring money to the table for taxes, utilities, etc. Having the money readily available will ease and expedite the process, give you peace of mind and, in the end, increase your chances for a quicker, cleaner deal. PLEASE BE RESPONSIBLE!Considering a short sale call Jennifer (916)230-3880. For 11 more potential short sale pitfalls get your FREE REPORT, SELLERS BEWARE at http://JenKlein.com Concerned about the long term effects of your credit health? Ask about a free credit consult with http://creditfixed.com.