Short Sale Question

[Laureen Youngblood]

What is the proper way to market a Short Sale as a wholesaler?  We have the accepted offer from the homeowner, but now need to get an approval from the Bank.  I want to start marketing right away, but don't want to over promise/ under deliver to my buyers.  I know with the new laws that it shouldn't take as long as it used to, but can still take months.  I would be up front and honest with my buyers about where we are in the process, but is it too early to start marketing to them?

Part II 

After reading a reply by J Scott to an earlier question.  How do I find out if the bank we are dealing with will even let us wholesale the deal?  Would a double closing work to get around that?

Any help would be greatly appreciated.  We are definitely new to this

[J Scott]

In my experience, it's nearly impossible to legally wholesale a short sale.