A short sale is basically a request to your lender's also known as the "Servicer" to allow you, as the homeowner to sell the property for less than what is owed. "A short sale is subject to lender's approval, terms and commissions".
Richard Lara Real Estate Group, Mission Center Realty
8300 Station Village Ln. Suite 8 San Diego, CA 92108 M (619)672-7273 // O (619)672-7273 DRE License # 01830211