Most people are not stupid, and treating them as if they were leads to less than ideal results (euphemism for it's stupid to treat others as if they were stupid).
Lenders have reputations, and some are more deserved than others. Anyone who's attempted to buy a short sale would feel that negative reputations were earned. Banks have been notoriously slow to respond to the extent that purchases have been regularly in limbo for 9-12 months.
Lenders that are more proactive have begun working with home owners and realtors and have begun approving the sale price much earlier in the process. This has allowed agents to list the homes as bank approved. This is huge difference to the purchase, making a 30 day close realistic as opposed to unheard of.
Today's recipe for a great real estate deal: Be well qualified and ask your agent (which should be me, by the way) for bank approved short sales!
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