Last reviewed 10-31-2026Short-Sale.com Editorialglossary

Deficiency Judgment

HUD Housing Counselors Glossary

Updated 10-31-2026

Deficiency Judgment

An assessment of liability when a court holds a property owner responsible for any remaining debt owed to the loan servicer after a foreclosure, short sale, or deed-in-lieu is finalized if the sale does not cover the full amount owed.

HUD Housing Counselors Glossary

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