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I am buying a home which is a short sale. Not sure who owns this the Bank or the property owner? An

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May 18 - Palm Desert
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View my 1 listings

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Since January 2009

the owner owns it, the bank has to agree to take less money then they are owed.

short sale = still owned by owner.
REO = bank owned.

Hope that helps
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May 18
 

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