JAEGER-MILLER: That's Raphael Garron, he's the realtor who represents the sellers.

NPR: Homebuyer Looks For Deals In Short Sales

Mr. RAPHAEL GARRON(ph) (Realtor): The days of slipshod paperwork and not doing the crossing of all the T's and the dotting of all the I's is over.

NPR: Homebuyer Looks For Deals In Short Sales

Mr. GARRON: From what my office has seen in the area, we say about 50 to 60 percent of the escrows are failing, and it's all tied into the financing.

NPR: Homebuyer Looks For Deals In Short Sales