First, congratulation on your move. Second, a short sale can take a while, I have seen it take up to 1 year depending on the bank. If you have the time, short sales can be good, but you have to make sure the listing agent and your agent know short sales. It takes time and hard work with the different bank. As far as for the counter, most experienced short sale experts will find the approximate price that the bank wants and can relay that back to your agent.
I hope this helps.
Lars Kier
Future Home Realty, Tampa
http://www.KierHomes.com - Sun Nov 2 2008, 07:52