WARNING! Don’t get caught up in the hype of short sales. When a bank is moving a house by taking less on the mortgage than what is owed this is a short sale. Seller receives no funds and many times the only person that benefits is a owner occupying buyer. Investors are getting in the game but before you get into a short sale you better have the buyer ready to go or an exit strategy that assumes a flat appreciation for the next 2 years.AH