Do you possibly mean "canceled/withdrawn"? This pertains to when a property that is listed on the market has chosen to "cancel" the listing, or "withdraw" from the market, or both.
Did you see a property on the market and then it went to "cancel/withdrawn"? and that's why you are asking?
I hope that helps.... more
Short sales are a wild card, you could have a short sale approval within weeks or up to a year. The speed of a short sale depends on have many loans are on the property, how busy their caseload is, and sometimes luck.
If you don't want the house anymore, you need to sign a cancellation of contract and have your deposit released from escrow. I would not waste time or mess around with the bank, in some cases they can take your deposit if you wait too long.... more
If you have no where to go then you have no choice but to wait to see who the new owner is and pray they will be merciful. Again, this is no guarantee and they are not bound by law to do this, but there is always hope that they may offer you cash for keys, more time to vacate (or a combination of both), or even a rent back if that is within your financial means.