Short Sale Multiple Family Home for sale in Far Rockaway. Construction: Siding, Driveway: Pvt, Lot size: twenty X 100, Style: Ranch, Floorplan level1: two Beds, Livingroom, Kitchen, Bath, Floorplan level2: two Beds, Livingroom, Kitchen, Bath, Heating zones: 1, Kitchens: 2, Refrigerator: 2, Rooms: 10.0, Stove: 2, Wooden floors: Yes, Occupancy: On-Title, Short sale: Yes, Status detail: New, Taxes: 2256.00, Taxes total: 2256.00. Short sale homes are still owned by the homeowner, while foreclosures are owned by banks. If the homeowner cannot sell the home through a short sale, the bank initiates foreclosure to try to sell the home directly, often in an auction.