Now, in the MLS, you will find Realtors who are listing their homes for sale as "Standard Sale.":  This is different than before as now a regular sale is not as common as a Short Sale.

What is a Short Sale?  That is a term almost like selling short in the stock market.  Except you aren't betting on the market.  You are selling your home for less than you owe, and the bank is allowing this to happen.  There may be tax consequences, because that means that the bank "gave" you money, which you wi...
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