For some people, if they learn how to purchase a short sale home, the current housing market can be beneficial. These people are learning how to purchase a short sale home for a very low price and either flipping for a healthy profit or keeping it really cheap. In learning how to purchase a short sale home, you need to start contacting banks or lenders that have mortgages that seem to be on the way to foreclosure. Homeowner, are looking to set up short sales with their lenders to completely avoid the possibility if foreclosure. Once you learn how to purchase a short sale home, you will be helping these homeowners avoid foreclosure and you help the lenders in minimizing losses. The second thing to do when learning how to purchase a short sale home is to contact homeowners and make them an offer for their home. The offer, of course will be a lot lower than it should be and this is were you, the buyer, get the benefit. The homeowners will need to contact their lender to get the short sale forms needed to start the process.  Once the process has begun the lender will have to verify your offer and agree to it, but in the current market this shouldn’t be a problem. The final result when you learn to purchase a short sale home is the ownership of real estate at very low price, increased net worth and with time a nice hefty profit after the sale.