A short sale with 2 lenders involved usually takes longer. The 2 lien holders
have to agree on the amount of money each will get of the price you pay. This
has been my experience with my buyers.
For example, if you find 2 homes you like equally and one has 1 loan to
satisfy and the other has 2 - pick the home with 1 loan. However, if you fall
in love with a home and it has 2 lien holders, go for it, if you can stand an
extra wait time.