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If I short sale my home. Is it possible to buy that home
You have to understand that short selling it;s not just getting rid of the debt and its done. This will be a settled case by the bank and your credit will get affected for up to 10 years(you can always negotiate with your bank the term).
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Best area to buy if we will have to rent out home
properties West of Interstate 5 retain their value and appreciate at a higher rate normally than other properties. If you are able to find something in your price range that you like and will like in the future, it would be beneficial for you to purchase. You didn't mention your time frame for purchasing or if you are a first time home buyer.
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Is there any benifit to purchasing a new construction...
I thought you might like a buyer's point of view. I've bought existing homes and built new ones. In this market, you should be able to get an exceptional deal on a home that isn't all that old, with many modern features.
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Some suggestions on how to choose someone to buy from
When looking through items to purchase, it is often confusing, especially when there are multiple people selling the item you are looking for. So, how can we, as consumers, choose which seller to make our purchase from? From Feedback to Pictures to Communication and Shipping, there are a lot of things which will help you to differentiate between one seller and another.
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