We are trying to purchase a home in San Diego and went through a short sale process only days ago... definitely NOT a pleasant experience. We were pre-approved, conventional loan, 20% down, A-paper, etc. They made us jump through hoops and hustle trying to meet our static closing date. We even completed our appraisal and inspection, which cost us $$ out of pocket ($$ we cannot get back). We did everything we were asked to do only to find out that the bank took back the house the day before our closing date. This same house will go back on the market as a foreclosure and will probably sell for less than what we were offering. ??? I wish someone had warned me. We, too, are trying to close by a certain date. I want my kids to have their own bedrooms by Christmas. What a waste of time. I say... stay away from short sales as much as possible.