© Emedel, Inc 2015 DRE License # 01847302 Privacy Policy   Emedel Realty A short sale is a sales transaction for which a seller’s mortgage lender voluntarily agrees to accept a loan payoff of less money than what is  owed on the mortgage loan. In a short sale, the property may or may not be in foreclosure. However, homeowners may consider sort sales as a viable option for avoiding foreclosure.                          Call 818-230-7272  for a free consultation. Short Sale Forms: Authorization to Receive and Convey Information Financial Worksheet Short Sale Check List