http://www.realtycafeonline.com/blogs/patti_pierce/archive/2008/04/22/short-sales-and-preforeclosures.aspxIn this market there is a great number of short sale and pre-foreclosure properties for sale. What exactly does it mean? In a few words: it simply means that a bank might be willing to take a loss on this transaction. A lot of people are under the impressionenCommunityServer 2.1 SP1 (Debug Build: 61019.2)