A home can be in pre-foreclosure process and not be listed as a Short-sale. A short-sale only happens when the current owner contacts the bank and gets permission to sell it while it is going thru the pre-foreclosure process as a way to not damage their credit rating. Was this answer helpful? If so please click on the "thumbs up" or the "best answer".
Charles Rutenberg Realty
Licensed Associate Broker
Accredited Buyer Representative
William Raveis Legends Realty Group
A home can stay in pre-foreclosure for a very, very long time. The longest case I personally know of firsthand is over five years since the Lis Pendens was filed and at this point the bank isn't doing much at all towards working at a final judgement. The note on that one is just shy of $1,000,000.
But the longest I have heard of has now been going on for over 26 years and here is a link to an article abut that one. Hoping the home you are interested in doesn't take as long as either of these!
I hope this information is helpful but if you need anything additional please do not hesitate to give me a call.
Always at Your Service,
Tom Priester e-PRO
"Results Driven Real Estate"
Keller Williams Realty
If you are interested contact the owner of have your agent contact the owner for you. You don't have to wait until the home gets foreclosed in order to buy it. Have your agent persue a short sale if needed with the sellers.