The problem is that the short sale takes long long time to close, because it needs the approval from the lender of the seller. Please read the materials about the short sale. Practically short sale refers a property sells a lower price than the current mortgage balance (the owner own to bank). Therefore, the bank has the power to say "yes" or "no". If some one told me it takes 4 or 5 months to close a short sale, I will not surprise. Besides, the bank does not care about your tax credit, it will just follow its own schedule. If you do not care about the $8000 credit, please go ahead. If you do care, I would suggest you looking for another house.
如果第一種可能能實現,, sure! You are eligible for the $8000 credit
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感謝。仍有一個疑問,合格的short sale的可以拿8000的合同的定義
-Jieri-
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03/23/2010 postreply
06:40:51
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There is no IRS requirement difference between short sale and re
-poplar150-
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03/23/2010 postreply
21:36:26