
Many REALTORS don't realize that you do NOT need short sale approval prior to 4/30/10 to qualify for the tax credit. Why? The bank is NOT the seller & doesn't sign the buy/sell agreement. As long as the homeowner (the only seller in a short sale transaction) and the buyer sign before 4/30/10, you're good to go! Of course you’ll need to close by 06/30/2010