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what does it mean when a home that is a short sale is claimed by owner ?

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February 26 2009 - Orlando
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It means:  The homeowner is still in control of the property until appoval is met and all documents of ownership transfer are witnessed and signed.  Just because you accepted the homowners deposit dosen't mean the deal is done.
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November 03 2009
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The owner of a short sale still owns the house until it is sold or foreclosed on. As a short sale, the bank is agreeing to sell it for less than the mortgage amount owed.
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February 27 2009
 
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