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Message: <blockquote data-quote="ReEnA" data-source="post: 1658849" data-attributes="member: 286811">If you sell the house for less than what you owe you need to get the OK from your bank first for the "short sale" or else you will owe them the difference.... or end up seeing your sale fall thru because your bank doesn't have to agree to take less.You don't really own the house until it is paid off... Right now the Bank ownes it and you need to talk to the "owner" before you sell their house for less than what you owe them.</blockquote>