Hi Darren,
The process is not hard as the others have noted, it is the waiting period. The other thing to consider when looking at short sales is that a good amount of the time the banks pay for NOTHING/ No termite repairs, no closing costs, no HOA fees etc....Some do, but most don't. So if you are leaning toward persuing short sales go in with your eyes wide open and an agent that know the process.

All my best,
Micki

Hi threre Darren, It is not really hard for the buyer, It can be sometimes be challenging for the seller .
The only think id it can take 3-6 mos sometimes to close so if you have patience you can get a great home

If you need any more specific details feel free to drop me a line

Kind Regards
Michael Barron
First Team Real Estate

Hi Darren,
Not a hard process for you as the buyer, just be prepared to wait a little while for the sale to go through. The way it works is the homeowner gets your offer, and then they have to send your offer to their bank that holds their home loan. The bank gets the final say over what price the home can be sold at, and if the seller is indeed qualified to sell their home short based on that lenders guidelines.
By the way, if you are a first time home buyer and have not started home shopping yet, get moving! You must have completed the purchase of your new home before 12/1/2009 to take advantage of the first time home buyer tax credit of up to $8000.
Need more help? Call me 951 454-3805, thanks, Liane