What is the best way to stay in the home I live in that will be going up for a short sale?The Situation: A friend of mine at work recently moved his family into a larger home. They offered me the opportunity to lease the house they moved from. I agreed and we settled on a 1 year lease (expires this Oct.). We also talked briefly about me buying the house sometime down the road. Without getting into too many details, they are basically losing money (their mortgage vs. my monthly payments) so now they are thinking of doing a short sale. Not the best of news, but as we are friends, we understand each others concerns and are trying to figure out the best way to go.The Question: What is the best way for me to go about being able to buy the house? I checked the Zestimate on the house and various rates and my mortgage would be roughly $450 cheaper (15yr) or $750 cheaper (30yr) than what my monthly payments are now, so I figure that has to be good. My credit is in the low 700s with steady income. I would also be a first time buyer.My concern is with a short sale, how do I go about getting the best bid? Thanks for your time and help!June 20 2012 - US00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.