Short sale vs Foreclosure

Which is better and why. The bank short sale generally is in better condition at least cosmetically as the owner still lives there. Also, please be sure to have the buyer pre approved as most banks will not even consider an offer without a pre-approval. Always have the buyer perform a Home Inspection. The buyer also should be aware that this process can take up to 60 days or longer to complete. If the bank has approved the short sale and communicates with all involved the process can be very rewarding for the buyer.

I just completed a 4 course training in the short sale-foreclosure process.