sale or short sale ?

来源: 2009-02-10 17:32:01 [旧帖] [给我悄悄话] 本文已被阅读:

Short sale is the mortgage bigger than house price. So instead of foreclosure, the owner asks for short short, so her credit will not be affected by it and bank saves the cost for foreclosure. Bank has final say because it will take lost. So it is up to how fast bank is working on this case.