Short sale does not go through from bank to buyer

does the Bank continue on with the short sale with another buyer, or does it go directly into foreclosure, what’s the proceedure.

It goes from owner to buyer with the approval of the bank. If the bank takes ownership it is an REO sale.


Are the lists that you would find at such banks unavailable online? (i.e. Is there an “edge” by going to a bank to get their lists?)

There is a big edge. All you got to do is show the back you have a truck load of cash and you can get the list. So if you only have a few pennies it will be best to work with a real estate agent to get you the leads before they are posted anywhere.