Model House

The Short Sale (Real Estate)

In the United States this became an all to familiar term when the discussion was about real estate. A short sale is the ability to sell a piece of property at a lower price than what was mortgaged. In order to do this, it required the desire of the property owner and the consent of the bank that holds the note. This was used to allow people to sell properties with mortgage debts that were bigger than the value of the property. The term is simply implies selling short of what is owed. For many people who have not had this experience, the term is foreign, but we do understand the concept.



#1 Realize Your Own Value

Realizing your own value means that your personal value cannot increase or decrease based on other people. For example, if you are in a romantic relationship. Your value cannot be based on what your significant other says, does, or how they treat you.  This must hold true in your professional life as well. If your supervisor does not value your contribution, it does not mean that you and your contribution are without value and therefore you feel worthless. The reason these external forces cannot be a part of your personal valuation system is that their method for arriving at your value is very subjective. The value can be based on something as silly as what you wore today. Can you see how dangerous it can be to have someone else determine your value? You must know your worth before you get involved in anything personal or professional. If you do not, someone else will ascribe a value to you.

#2 Do An Appraisal

When it comes to real estate, an appraisal is performed an objective party. The appraiser is someone who does not have a stake in the results, one way or the other. Who can help you with your personal or professional appraisal? We have friends and co-workers that do not benefit from your assessment. For instance, you can ask a person you do not work with, but they know your work to tell you what they think. You can compare amongst other individuals to see how you stack up. You can list what you do, and what you like to do to see what is really your strong suit. The real work here is for you to be certain of who you are and what you want. Have you determined what you want in your career and relationships? How can you get what you want if you do not have a baseline determination to evaluate true value? This is a must so you can be clear on what you will and will not accept. Do not let your self-value be an open negotiation.


# 3 Don’t Be Afraid To Upgrade

Rather than settle for less. Why not move in the opposite direction and upgrade. Get in the habit of wanting more, desiring more and working for more. Whether we know it or not, more is available in equal portions just like the less you can settle for. 


Motivation One Moment At A Time


E.N.Howie is a native Washingtonian who has been fortunate to experience some life-altering circumstances that have given him a different way to look at challenges. In some circles, he would be described as an eternal optimist. He believes there is a bright side to even the darkest of experiences if you will search for the light. He is a husband, mentor, community-centered individual and a sharer of inspiration.