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Updated over 15 years ago, 08/13/2009
Share Sale Ignorant
My friend just sent me a home that my wife and I would like to live in. It's listed for 200K and is a short sale which she says, "Would give you time to sell your house?"
So I'm confused? How would agreeing to buy this new house, give me time to sell my old house and how can I buy a new house without selling my old house first or getting financing agreed on satisfaction of previous loan?