You will prevail!
I really empathize with people trying to buy a home today. On one hand; affordability is up, interest rates are awesome and hefty tax credits are available. Unfortunately the supply of homes is down and most seem to be either short sales or REO’s. This is not necessarily a bad thing but they do require a little more time and know how. Short Sales are selling everyday but do take an additional few months to close escrow on. An important factor when buying short sales is to determine whether or not the agent is sending multiple offers to the bank. If they are planning on doing this, then don’t even make an offer. You may end up waiting five months for an unsuccessful outcome because the bank approved another offer that you were unaware was even submitted. The REO properties can happen much sooner but usually have many stipulations in their addenda. Remember to read through the banks addenda and follow it to the tee. These homes have been foreclosed on and are in pretty bad shape. Since