Short Sale*. Either that term makes you shiver in despair, or makes you shiver in anticipation of “snagging a great deal.” It is no secret that the current market conditions are great for the right buyer—one who is ready, willing, and yet patient for the right opportunity.
CNN Money presents the following 7 tips to “Snag a great deal on a short sale,” which, for each, I’ve chimed in with my comments parentheses. (For a larger description of each tip, click the title of the article for the complete report.)

Know …