Buying a foreclosure and buying a shorts sale in the East Valley these days can be a hairy situation. There is very little the buyer does have control over. One thing they do control is who their agent is and who their lender is.
A good agent and a good lender can dramatically change your buying experience. The deal may not always go perfect, but at least a good agent is going to let you know before hand what the scary situations may be. You can be prepared for the hurdles of buying a foreclosure or short sale and minimize surprises.
A good lender is going to get deals done on time and get them done quickly. Asking for an extension late in a foreclosure purchase could cost you money to get the extension approved. Asking for an extension late in a short sale deal could cost you the house if deadlines are not met.
