Simply put, an approved shortsale, at least in the case of this home, means a buyer can make an offer on this property and close within 30 days...just like a regular retail sale. Most folks (and I advise my clients who are anxious to get into homes as well) steer away from short sales unless they have time to wait...or have a death wish which ever is longer.  Short sale properties tend to sit on the market for a long time for exactly that reason. Read the full article

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