Short sells are not easy to get approval for, and can take a very long time to go through even if you do. Most homes I see foreclosed on now were in a short sell situation before the foreclosure went through. My daughter and her husband were house shopping and just bought one, but we looked at a lot of foreclosed houses for them. Unfortunately, none were in decent shape for the price demanded for them.

We've found out that a short sell is not the easy answer everyone thinks that they are.