Also, keep in mind that with short sales (and to some extent bank owned) it's risky giving notice to your landlord before you actually close, because you might end up with a sale that doesn't close and a landlord who wants you out.
Finally, don't be fooled by short sale listings which are listed at a price so low that the bank would never accept it.
This is a short sale that shows Pending Inspection since July 17th. In most cases, agents will accept a back up offer, but the owner may or may not be open to showing the home.
If you want to pursue this, select an agent to work for you and try to arrange a showing. Best of luck.
As Kary said below, short sales can be tricky but more and more of them are closing these days. The banks are more cooperative and providing you're working with agents who know "the drill," you can possibly get yourself a great deal!
Good luck to you in your home search!