My property is sold and there is a shortfall

If it was not possible to rehabilitate the loan, the final outcome may be that the property is sold at a sheriff’s auction, or sold privately or repossessed by SA Home Loans. A shortfall will arise if the proceeds of the sale are not sufficient to fully repay the outstanding balance on the home loan. At this point SA Home Loans can still institute legal action to recover on the shortfall if there is no suitable repayment arrangement in place.