# Short sales and foreclosures hurt BUYERS too.

**URL:** <https://boards.straightdope.com/t/short-sales-and-foreclosures-hurt-buyers-too/620266>\
**Category:** The BBQ Pit\
**Created:** [April 28, 2012, 8:51pm UTC](https://boards.straightdope.com/t/short-sales-and-foreclosures-hurt-buyers-too/620266 "2012-04-28T20:51:21Z")\
**Posts on this page:** 3\
**Page:** 3

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**Author:** ![Bone](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/bone/32/407_2.png) [@Bone](https://boards.straightdope.com/u/Bone)\
**Post date:** [April 30, 2012, 11:28pm UTC](https://boards.straightdope.com/t/short-sales-and-foreclosures-hurt-buyers-too/620266/41 "2012-04-30T23:28:22Z")

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You could turn it around quickly by offering more than the asking price such that it is no longer a short sale.

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**Author:** ![kaylasdad99](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/kaylasdad99/32/3398_2.png) [@kaylasdad99](https://boards.straightdope.com/u/kaylasdad99)\
**Post date:** [May 1, 2012, 12:57am UTC](https://boards.straightdope.com/t/short-sales-and-foreclosures-hurt-buyers-too/620266/42 "2012-05-01T00:57:59Z")

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In such a circumstance, can it even be said that an asking price _exists_, as such?

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**Author:** ![Loach](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/loach/32/350_2.png) [@Loach](https://boards.straightdope.com/u/Loach)\
**Post date:** [May 1, 2012, 9:33pm UTC](https://boards.straightdope.com/t/short-sales-and-foreclosures-hurt-buyers-too/620266/43 "2012-05-01T21:33:20Z")

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> [@Cubsfan](#):
>
> Was your show sale pre approved by the bank?
> 
> There’s no way anyone is closing on a new short sell in a month right now, at least not in the Space Coast area of Florida.

Nope. I rejected a few offers by vultures which were way too low. Didn’t go to the bank with them because it would just be a waste of time. The first legitimate offer was accepted by the bank and it went pretty quick after that.

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