A short sale is defined as the sale of a house in which the proceeds fall short of what the owner still owes on the mortgage. I'd like to make you familiar with the hardship tests required to qualify a home owner for a short sale. This information will help you understand the market better as an investor and aid you in zeroing in on the best deals. As you might expect, lenders are not happy about short sales because, like anyone else, they hate losing money! That means they consider