I've been involved with computers since a very early age.... that is nothing in today's climate, but in the 80's computers were a novelty.

I am asking because I am involved in such a project that sells these sites and the customers seem to do quite well.

What area of Real Estate are you involved in.

I hear going through this process is a real pain in the @$$, so how long does something like this usually take and what is involved on my end?

What other costs are involved?

Even in a short sale it might not be possible to do these if all parties are not agreeable.If it comes down to it and you must have funds to purchase the property or choose that this is the best way to keep things simple for all parties involved, there are lenders that will loan you the purchase funds for 1 day.

I'm involved in fractional real estate both in the United States and abroad.

This may lengthen your market time and may not save you anything in the long run.Also my experience has been that potential buyers who respond or target FSBO properties do so because they think they will get "a deal" without an agent involved.

My brother was involved as half of the remaining balance of the house would be his according to our parents wishes.

A preforeclosure sale involves the sale of the property by the borrower to a third party for less than the amount owed to satisfy the delinquent mortgage, as agreed to by the lender, investor, and mortgage insurer.