Video 90: The discussion came up on Twitter a few days ago, in a short sale transaction who owns the house and has the right to negotiate the contract, the borrower who owes the money on the house or the bank who is taking the loss? Can the bank actually alter the contract between the seller, buyer and agents? Any surety companies involved? One agent, the one who started the conversation, thought the bank owned the home and could do what they want. But as any good short sale agent will know, the bank is not a party to the contract and ONLY has the right to approve or not approve the transaction. The only way the bank can get more involved than that is if the short sale agent allows them to be more involved and that should never happen. Would love to hear your thoughts, you can leave a comment or e-mail me Dean Ouellette.