A short sale company is a company that provides assistance during the process of short selling homes. After a homeowner has proven himself unable to fulfill their mortgage, the usual result would be the initiation of a foreclosure. But in a short sale, the homeowner can opt for a more feasible alternative - selling their home at less than what is owed to relieve themselves of their remaining mortgage debt. However, not all potential foreclosures are best solved through a short sale. By settling for a short sale, both the company and the homeowner are accepting to take a loss. Although the loss would be less than that of a foreclosure, the homeowner will suffer substantial damage on their credit, in addition to the lack of profit from their home. A short sale company many be able to offer advice on whether a short sale would be feasible, and is also in the position to handle your sale in the proper legal manner, performing duties similar to that of a real estate agent.