what does "short sale approved" mean?

Does it mean bank only considers offers equal to the approved price?  

所有跟帖： 

• 你出approved的价钱就肯定被accept了，但是你还是可以出低价的 -小八腊子- ♀ (164 bytes) () 01/31/2012 postreply 22:57:56

• Thanks. It "must close within 30 days", only cash offer can clo -victoriab- ♀ (94 bytes) () 02/01/2012 postreply 11:38:55

• 没有真的 "must close within 30 days", auction是可以延期的,可以延多次. -小八腊子- ♀ (280 bytes) () 02/01/2012 postreply 16:39:56