There was in the past a time when not everybody had heard of the term "short sale," much less done one. Today, with the bad economy dragging on for several years, and the economy remaining lethargic, it's pretty much a household term.
Society has changed, and tens of thousands of home-owners have sold their family home using a short sale. Thus, people feel the need to know how soon they can purchase a residence following a short sale.
There is actually quite a bit of misinformation and misco...