Ron and I just got out of another short sale CE class and will be going to a half day intensive on the subject next week. Ron has seen this type of market before (he's the older wiser part of the Team).
Short sales are a pretty complex process for both the buyer and seller. As a buyer, we can't express enough how important it is to hire a highly qualified and trained agent or attorney to help you. Even we, with some 20 years in the business, find the process exasperating and multifarious.
If you have questions about short sales please feel free to contact Ron. He can help make sense of the concept and process and he loves to educate.
Gene