What is the real deal with short sales and auctions?
Ok, I have been reading and reading and reading and have come to the conclusion that it is really hard to get a really good deal on either a short sale or an auctioned home. It sounds like there are all these behind the scenes things working against the buyer? Am I missing something, or for someone who needs this to be their primariy residence, are these "deals" really not that great? Especially if you don't have months and months to dilly dally with paperwork? Would the average buyer be better off just making lowball offers on regular homes and seeing if anything sticks?