You have many options at that price point, in fact investors are buying them for 50-70 cents on the dollar from the banks. As well as having the market well stocked with almost too many short sales, but it is a great time to buy because buyers are in control. Depending on your financial situation and the amount of money you have to put down on a home that could depend on if a short sale is in your best interest. Meaning the longer a bank response is to a offer on the short sale could rates rising? May I suggest if you want to put little down that you look into programs such as Nehemiah they could really be of a great help. Any further questions feel free to email@example.com or contact me directly at Renee Straubinger, Keller Williams of Jupiter. We are the Palm Beach Garden, Jupiter and Tequesta Specialists because we not only work here we live here. Depending on the Realtor that as well could make or break a deal with a short sale, make sure you ask how many short sales have they done, how many short sales they have closed, and what is their rate of return, also ask on the short sales have they represented more buyers or sellers, those answers can make all the difference, with you on the buyers side .