Short Sales!  Who would have predicted a few years ago that Short Sales would become a part of everyday conversations.  This is a term that seems to come up not only with clients but in conversations with friends, neighbors and casual small talk.  Short sales, as common as they have become, are complicated and misunderstood.  I came across this short Short Sale article that is concise and articulate.  While this article is short, and the process uses Short as part of the description, the only thing short about Short Sales is the the amount of money needed to close.  Getting a sale approved by a bank that is coming out on the Short end, is often long process.  Successfully representing buyers and sellers in this market has required a thorough understanding of short sales.  There are times when Short Sales are the very best course of action for sellers and buyers.  As the banks and mortgage companies have had to deal with more and more short sales, the protocol and forms have evolved to provide protections and escape clauses for both buyers and sellers. Hopefully this explanation of “How Does a Short Sale Works” gives the information you need.HowDoesAShortSaleWork