主题：【原创】从一个short sale看美国的次贷危机 -- 东方射日

A short sale is a sale of real estate in which the sale proceeds fall short of the balance owed on the property's loan. It often occurs when a borrower cannot pay the mortgage loan on their property, but the lender decides that selling the property at a moderate loss is better than pressing the borrower. 。。。This agreement, however, does not necessarily release the borrower from the obligation to pay the remaining balance of the loan, known as the deficiency。