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Short-sale guide

California Short Sale Process

A short sale is a lender-approved sale where proceeds may be less than the mortgage debt. It is not guaranteed, and it requires documents, pricing, offer review, and servicer approval.

Updated 2026-07-09

This portal is not foreclosure rescue, legal advice, tax advice, credit repair, or loan-modification service. Lender approval, postponement, debt forgiveness, and legal, tax, or credit outcomes are not guaranteed.

When it may fit

A short sale may fit when a normal sale cannot clear the payoff, arrears, liens, and selling costs before a foreclosure deadline.

What the lender reviews

The servicer usually reviews hardship, market value, offer terms, partial claims, junior liens, title issues, and whether the proposed closing is better than other loss-mitigation paths.

What this portal does not do

This portal does not promise lender approval, debt forgiveness, credit results, foreclosure postponement, legal results, or tax results.

Frequently asked questions

Can a Realtor guarantee a short sale approval?

No. A short sale depends on lender or servicer approval and the facts of the file.

Should I keep talking to my lender?

Yes. Homeowners should keep communicating with the lender or servicer and get legal or housing-counselor help when needed.