Lately I have been searching for some short sale properties in Southern Oregon for a client and have had others ask and not quite understand what a short sale is. A short sale listing is basically a property that is put on the market for sale for less than what is owed on the property. In these cases the mortgage holder must approve the sales price rather than just the seller / home owner. This process is generally a long one and can take several months to complete the real estate transaction. For more info on short sales in Medford or other areas of Southern Oregon let me know.