Are Short Sale slip still working?
Pre 2008 recession short sale flips seamed like were the hot topic and there were plenty of short sale investors making money with quick flips. After the recession I've talked to a few realtors and they all mentioned that the banks are demanding retail prices now and will not look at low ball offers.
I'm curious, how prevalent are short sales now? I'm sure you can still find good deals from time to time but compared to pre 2008, are there more or less short sale investors?
Looking forward to hearing your thoughts.