Short Sales in Chicago

[Tracey Steele]

Hi BP Community, What are your thoughts on short sales and offering slightly below asking price? Also, I'm not sure whether I have the endurance for a short sale, but the potential property is a seeming good deal for a buy and hold scenario. What's the value of tying up money in a short sale vs selecting a property that you close with significantly faster and move on to purchasing another property. Thanks for your help!