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**JET** · 09-30-2007

A short sale is basically pre-forclosure. The bank bought it at auction, but the owner has 6 months to try and sell it for more money. The seller accepted the offer, so it goes to the bank. I am pretty sure they will take it.

09-30-2007	#22
JET Is funding Exxon. Join Date: Oct 2003 Location: Ham Lake Drives: like a bat outta hell! Posts: 7,983	Re: Another person moving! A short sale is basically pre-forclosure. The bank bought it at auction, but the owner has 6 months to try and sell it for more money. The seller accepted the offer, so it goes to the bank. I am pretty sure they will take it. __________________ Is burning corn and stayin' warm! My motorcycle is stock and reliable, my Talon is neither!