Homeowners that are seeking financial help to stop foreclosure would be excited with the possibility of a short sale, nevertheless remember that the possibility of accomplishing a short sale is not as simple as one may think! Due to the term 'short' sale, one may expect the transaction to be finalized in a quick, hassle-free way, but the reality is far from that! Short sales would take longer to settle than normal real-estate sales, and expect at least 6 months to 1 year (or even more) for the contract to finally close.

The only thing that would be 'short' in the event of a short sale would be the reduction of price of the property in question, and if the seller does not want to settle the balance once all the loan/obligations has been settled, the lender must agree to absorb the differences to close the deal. Let us now look at 5 of the newer myths that have been circulation around with regards with this real-estate transaction:

1) the 1st myth - it's better to walk away from your homes rather than to short-sell it. This is one of the more weird myths that I have come across in the past few months, as walking away from your home would leave you at the risk of your lender who has the liberty to sue you on your defaulting balance, while some states can impose state taxes on your mortgage debts (could go up to tens of thousands of dollars), thus you would actually be getting into more trouble than before!

Hands down, one of the biggest concerns about homeschooling is the fear that homeschool students are not learning effective social skills or are not being properly socialized. The presumption is, the best way to socialize your child is to do it through large gatherings of same-age peers, and without having those regular interactions, children will somehow be missing out on important learning experiences. Where does the truth meet the presumption, and how does homeschooling really impact a child's social skills?

The answer lies in defining "social skills." If what you are seeking is an environment where self-awareness and self-acceptance is determined for your child by an outside set of teenagers, or if you are seeking the ability for your child to function well in an artificial environment of only similar-aged people, then it's true. Homeschooling may have a hindering effect on your child. Public and private schools can have many advantages, but social skills development is not necessarily one of them unless you seek the limited situations described above.

True social skills are the abilities to develop habits and tools that allow individuals to function in the society around them for the betterment of the community and in meaningful relationships with others. That definition has nothing to do with the confines of a school setting. Rather, that definition is all about the character of the individual as they live out their daily life, and as homeschoolers will tell you, character training happens all day, every day in a homeschool environment. Thus, one of the primary sources of true social skill development is the family itself.