I am not sure if this helps you Reuben. If you would like to talk some more about this product and our company, which is based in southern California, I would be happy to chat. In case you are looking for a way into this market.
I am getting phone calls from folks mostly down in southern California. I would save I average 1 call a week inquiring about purchasing after a short sale or foreclosure. It seems like most folks have a year of seasoning under their belt but still have to wait if they want to go Fannie or Freddie.
In Orange County, short sale listings are down from recent years. Currently, they make up approximately 15% of the inventory whereas in years past, half of the homes listed were short sales.
Hope this helps.
Best of luck,