As you can tell by the title of this blog I am not a fan of short sales. I don't care what anyone says to the contrary - banks do not know how to sell houses and they are the worst kind of seller. I'd much rather help my clients purchase a foreclosure or a well priced "traditional" sale. Even renting could be a better option. They are complicated at best and can take months to negotiate -- it can take two weeks to two months just to get a response to the purchase offer! Sometimes there is more than one bank involved and there have been situations where after 4-6 months into the deal, the bank sells the property to a completely different buyer. And if you need to move into your new home by a certain date forget it. Ugh! No wonder in some real estate markets, fewer than one in 10 short sales close.