BEST ANSWER
FIRST ANSWER
A short sale is when the sale price is less then the mortgage owed. The home is not yet in foreclosure they are just trying to sell the home for less than what they owe. A short sale usually requires the lending institution's approval.
With the state of Wisconsin offer to purchase form they should be required to keep the home in the same condition as when you saw it and wrote the offer. Per this form you can do a final walk through 3 days prior to closing to ensure they are leaving it in that condition.
Thu Jun 25 2009, 11:02