If you are thinking of pursuing a Short Sale because you're falling behind on your mortgage payments, you might want to consider these questions before listing your house. How Should I Price My Short Sale Property? Ask any Short Sale brokerage and they will tell you to price your property at or near fair market value, but it's a good idea to begin with the total debt amount owed to your lender. How frequently you reevaluate your price will depend on how far along you are in your foreclosure process and the value of the housing market at that point in time. Read more »