A "short sale" of real estate is: a. A sale in which the proceeds from the sale are less than the balance owed on the loan secured by the property sold. b. The sale of a house by someone who is not the owner; it is a way to profit from an anticipated decline in real estate prices. c. A sale that closes in less than 30 days. d. A sale in which the balance owed on the loan secured by the property sold is less than the proceeds from the sale
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