# Better chance for a short sale that is close to foreclosing?

**URL:** <https://community.propertyradar.com/t/better-chance-for-a-short-sale-that-is-close-to-foreclosing/923>\
**Category:** Residential Realtors\
**Created:** [October 19, 2010, 3:30am UTC](https://community.propertyradar.com/t/better-chance-for-a-short-sale-that-is-close-to-foreclosing/923 "2010-10-19T03:30:41Z")\
**Posts on this page:** 2\
**Page:** 1

<div class="post-metadata">

**Author:** ![Jay](https://avatars.discourse-cdn.com/v4/letter/j/ed8c4c/32.png) [@Jay](https://community.propertyradar.com/u/Jay)\
**Post date:** [October 19, 2010, 3:30am UTC](https://community.propertyradar.com/t/better-chance-for-a-short-sale-that-is-close-to-foreclosing/923/1 "2010-10-19T03:30:41Z")

</div>

Is there a better chance of a short sale being approved if it’s scheduled to be auctioned at trustee sale within 60 days? If so, is a reasonable strategy to offer below market price, but offer something that would be higher than what I think it would go for at the trustee sale (if a third-party investor were to bid on it)?

---

<div class="post-metadata">

**Author:** ![Michelle2](https://avatars.discourse-cdn.com/v4/letter/m/cab0a1/32.png) [@Michelle2](https://community.propertyradar.com/u/Michelle2)\
**Post date:** [October 19, 2010, 4:53pm UTC](https://community.propertyradar.com/t/better-chance-for-a-short-sale-that-is-close-to-foreclosing/923/2 "2010-10-19T16:53:01Z")

</div>

The success of a short sale would depend on the owner and their financial situation and the lender. Some lenders are easier to work with than others in getting a short sale approved. In a short sale the owner needs to present a complete financial package and a hardship letter which means their financial situation would have a big impact on the likelihood of a short sale approval.
