Most of the Short Sale homeowners still live inside the house when the house loan exceeds the value of the house, homeowners can choose Short Sale to sell the house and pay off the loan debt for example, house loan is $ 200,000, but the value of only $ 150,000, the homeowner is "Short" $ 50,000. this is why the "Short" word, while in the case of such a child, homeowners sell the house, it becomes a "Short Sale". course, because loans involves the bank, because of the situation in the Short Sale, the bank must Kuidiao Short part, so the banks will not necessarily agree with turnover (which is why a lot of banks in the economic turmoil in debt payments reasons.) house in search of them, we often see Short Sale Approved Short Sale Pending Approve or contents of the house, meaning that whether the bank has approved the Short Sale transaction. some homeowners will first find a buyer, you know how much you can sell with the bank until after the application Short Sale, but also Why Short Sale in the transaction on time will be longer.