Many people think that you can't short sale a home with a FHA mortgage. In fact, you can! Take a look at this FHA short sale I just sold in Elk Grove. 4809 Noriker Drive had a FHA loan with Bank of America. This is a lovely 4 bedroom, 2 bath home that closed for $185,000. FHA short sales are different than typical short sales. Elk Grove short sale agents can get a FHA pre-approval with a pre-approved list price BEFORE listing the house on the market. (0 comments)