Why r short sales usually long sales?

[macacopreto]

As a prequalified first time home buyer in Florida, I have been very frustrated that it takes SO LONG for a short sale offer to be accepted.The same thing happened to my cousin in PA, till he just got disgusted and withdrew his offer.

It seems all the banks, while loaded with inventories of foreclosures,

do not really want to even move any of their properties. I think they are just holding on for more of our tax dollars to be given to them. As a banker, or any other businessman, I would think moving the dead inventory would be better than just letting it sit. Many of the 2006 on built foreclosures I look at here in Florida have their A/C units stolen.

How is it good business practice to make it so difficult to buy these?

Why does it take so long?

A REAL stimulus package would force the banks to move short sales and foreclosures to cut their losses, instead of sitting on all the dead inventory.

I SMELL A RAT! Do you?

[Flyby8481]

This whole so called stimulus package is nothing but a taxpayer giveaway to banks and investors. If these banks were allowed to fail then they would be much more willing to move inactive inventory. As far as I am concerned this whole fiasco is nothing but a big scam. The free market should have been allowed to work.