What is a Short Sale? If you are a homeowner who is behind on your payments because of a hardship of some sort, you may be a candidate for a Short Sale. A Short Sale is the sale of your house where the amount owed to your lender is more than the amount the house can be sold for. The negotiations for the sale of your house must be done through your lender where they agree to take less than the full amount of money owed on your house and the debt on your house is fully satisfied. |