Short sales can be very frustrating and USUALLY never “SHORT”.
My video breaks down the short sale process and why it takes so long. The investors that funded the loans, may not be motivated to accept less than the payoff by using the bad mortgage as a “Non-performing” asset on their tax returns which offsets their other income.
If you want to purchase a home and need to close within 2-3 months, a short sale is not a good option. This video highlights why.