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	<title>Explore Newport Beach Real Estate for Sale &#187; short sale</title>
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		<title>What is a “Short Sale” or Pre-Foreclosure?</title>
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		<pubDate>Wed, 25 Feb 2009 05:54:39 +0000</pubDate>
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		<description><![CDATA[A “Short Sale” means that the owner owes more than the home is listed for and is trying to sell it short of what they owe.  The lender who holds the mortgage would have to approve the lower amount in order for the sale to go through.  In addition to that, the seller would have [...]]]></description>
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