Foreclosures and short sales are both considered "distressed properties". These types of homes can often provide a great deal to a buyer. However, both types of sales have several nuances that are worth knowing if you plan to pursue them. See the informational spreadsheet below which compares and contrasts these two types of sales.
Information courtesy of Intermountain Multiple Listing Service. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non‐commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data.