Your name saw this post on The ActiveRain Real Estate Network and thought it might be of interest to you. Please see the link below to review the post.

MULTIPLE SHORT SALE CONTRACTS AND HOW TO AVOID THEM
Why does it take 3.8 contracts to sell a short sale property?  Why do Realtors insist on spinning their wheels and getting nowhere selling short sale properties?
My office handles a lot of short sale transactions and we work with Realtors on the short sale negotiation side of the transaction as well as legally advise the buyer or seller in the transaction. I have long been a proponent of fixing the system because we as taxpayers are going to pay the bill for the inability or unwillingness of lenders to create the fix themselves. See BANKS CREATE BILLIONS (MORE) IN LOSSES.
Back in December I had a very interesting discussion with a senior loan mitigation officer for a national lender about multiple contracts before one became "real".  I told him our experience was an unscientific 4 contracts before a buyer stayed with a deal.  The loan officer said their internal study was 3.8 contracts.  Close enough. 
The problem is that we see all sorts of reasons why the buyer walks away from a short sale contract.  Most of the reasons relate to the buyer having no risk in the transaction.  Here is an unofficial list of RED FLAGS:
1.  There is no ... more

__________________________________________________
Are you on The Rain? Grow Your Network!