What is "Power of Sale, No Warranties"?

[Ziyi]

见到有人卖房子，写着Power of Sale, No Warranties， 不知道是什么意思。

请问这里有专家解答一下么？ 谢谢！

 

[Caretruong]

"power of sale" means the owner of the house could not pay the mortgage and the bank or finanical institution put the house for sale to get back the money.

 

[Ziyi]

Thank you!!