How foreclosures and short sales last? Is Private Banking both?

First try to educate myself, because when the time comes to buy my first home (finally. … it could be years). But I’m confused about short sales and foreclosures. Foreclosures bank owned? If so, how teams can a short sale? If the bank a short sale, I mean, take some time to check, how do they differ? I get it … But can not be linked together to make sense of how they are different ….. Thank you for your help.

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