Short Sales

I had a Nouveau Riche student tell me today he is getting .70 on the dollar deals in the $200k-$250k all day long from short sales. Any one else having good luck with their short sales?

http://www.reiclub.com/forums/index.php/topic,26841.0.html

Your discount depends on the loan product of the original mortgage.

Your discount depends on your negotiating skills.

and loan products !!!