CA, I feel your pain. Unfortunately, there are only so many deals like this to go around. If everyone had a stab at this one it would likely sell for more than you want to pay anyway. Unlike a year ago, people are all over short sales now because as unlikely as they are to get the house it is still better than waiting around to get into a bidding war on a REO or worse yet deal with a delusional seller.

Yes, someone may end up with a below market price here but then again the bank might end up saying no anyway. There is always going to be someone out there that gets a better deal than you do.

I’m frustrated with how the market has turned right now as well. Even my agent is telling me to wait until the fall now! Problem is a lot of people seem to have the same idea.