Successes are reported all over the country and in the race to top the best short sale, the time element is added. Some banks are overloaded with applications of short sale deals. They can take up to six month sometimes to be approved or denied. A fast agent that can get the short sale closed in under thirty days is a badge of honor for both the real estate investor and the bank. The faster the deal goes through the faster you can jump at the resale when the market is right. Timing is everything with a short sale. The market has to be right, both financial and real estate, and the bank has to have a reason to sale. If the market is right, a housing crunch or high interest rates, a real estate investor only has to find a financially distressed property owner and know the steps of a short sale and they could be on their way to a financial windfall.

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