Hi Zulfiya. The trustee sale for this property has been postponed several times by mutual agreement. Right now, the sale is scheduled for 11/13/2008. It's possible that they are negotiating a short sale. There are two loans. Both loans are in default, but as far as I can tell the trustee sale is for the junior lien holder. I'd suggest that you check back in a few months. There's no way of telling right now how soon this property will be either sold or taken back by the lender at the trustee sale.