Five Key Points on Buying a Short Sale

"In contrast to the plight of underwater sellers, there appears to be little positive to relate from the buyer’s end of the transaction which consists of varying degrees of uncertainty, frustration, delays, and disappointment in what is an emotional roller coaster ride that no one deserves but, as was the case for the two of us, people are all too willing to give a shot because the house that they really want became available as a short sale at a reasonable asking price."