If it is in the foreclosure process then yeah it would be a short sale. Yes this is a chore of a process but note that once the trustee sale occurs and the lender becomes the owner, the lender will need to get the owner out of there, then get it BPO’d and back on the market. It will be listed with a different broker.
It may actually be worth the effort to go for a short sale. The effort is much less on your part then it will be on the sellers part. For you it will be write it up and wait. Whether the seller will want to go through the chores of submitting the short sale package is another issue. Have your agent contact the old listing agent and run the idea by them. It couldn’t hurt. At least you would be the only buyer. Once it goes REO you can always submit another offer then anyways.
