Short Sales

What Is A Short Sale?

A short sale is when the home owner’s mortgage company will consider accepting less than what the current homeowner owes on the property.  In some cases, the mortgage company will pre-approve the list price.  This usually happens with a HAFA short sale. But for the vast majority of the time, it is likely that the mortgage company did not pre-approve the list price.  In cases like this, it is of paramount importance that you review the comps for the short sale listing with your agent.

The bottom line is that no matter what the list price is, the mortgage company will seek net an amount that is well  within line with current comps (market value). If the listing agent has grossly underpriced the home, it’s highly likely that the mortgage company will reject a lower than market value offer based on the comps that they’ve acquired.

So be sure your agent explains this to you and that you know the difference between list price and market price.  Check out these short sale listings.

  1. 4 beds, 2 three-quarter baths
    Home size: 1,850 sq ft
    Lot size: 7,000 sqft
    Year built: 1961
    Parking spots: 2
    Days on market: 3,324
    Walk Score®: 71
  2. 2 beds, 1 full bath
    Home size: 671 sq ft
    Lot size: 7,503 sqft
    Year built: 1957
    Parking spots: 1
    Days on market: 3,326
    Walk Score®: 66
  3. 3 beds, 1 full, 1 three-quarter baths
    Home size: 1,128 sq ft
    Lot size: 5,900 sqft
    Year built: 1949
    Parking spots: 2
    Days on market: 3,331
    Walk Score®: 68
  4. 2 beds, 1 full bath
    Home size: 1,064 sq ft
    Lot size: 3,850 sqft
    Year built: 1905
    Parking spots: 2
    Days on market: 3,338
    Walk Score®: 77
  5. 2 beds, 1 full bath
    Home size: 1,146 sq ft
    Lot size: 8,685 sqft
    Year built: 1939
    Days on market: 3,340
    Walk Score®: 66
  6. 3 beds, 1 full bath
    Home size: 1,338 sq ft
    Lot size: 2,496 sqft
    Year built: 1906
    Days on market: 3,343
    Walk Score®: 82
  7. 3 beds, 3 baths
    Home size: 3,200 sq ft
    Lot size: 7,900 sqft
    Year built: 1987
    Parking spots: 5
    Days on market: 3,344
    Walk Score®: 57
  8. 4 beds, 2 baths
    Home size: 2,179 sq ft
    Lot size: 6,700 sqft
    Year built: 1966
    Parking spots: 2
    Days on market: 3,346
    Walk Score®: 35
  9. 3 beds, 4 full, 1 quarter baths
    Home size: 3,971 sq ft
    Lot size: 5,994 sqft
    Year built: 1997
    Parking spots: 2
    Days on market: 3,346
    Walk Score®: 6
  10. 4 beds, 3 full baths
    Home size: 2,745 sq ft
    Lot size: 7,000 sqft
    Year built: 2005
    Parking spots: 3
    Days on market: 3,353
    Walk Score®: 0
  11. 4 beds, 3 full baths
    Home size: 2,234 sq ft
    Lot size: 6,969 sqft
    Year built: 1997
    Parking spots: 2
    Days on market: 3,368
    Walk Score®: 25
  12. 2 beds, 1 full bath
    Home size: 853 sq ft
    Year built: 1982
    Parking spots: 2
    Days on market: 3,368
    Walk Score®: 75
  13. 3 beds, 1 full, 1 three-quarter baths
    Home size: 1,326 sq ft
    Lot size: 4,280 sqft
    Year built: 1947
    Parking spots: 1
    Days on market: 3,369
    Walk Score®: 68
  14. 3 beds, 2 full baths
    Home size: 1,323 sq ft
    Lot size: 8,804 sqft
    Year built: 1923
    Days on market: 3,375
    Walk Score®: 72
  15. 2 beds, 1 full bath
    Home size: 1,332 sq ft
    Lot size: 6,647 sqft
    Year built: 2001
    Parking spots: 2
    Days on market: 3,377
    Walk Score®: 58
  16. 2 beds, 1 full bath
    Home size: 617 sq ft
    Lot size: 2,962 sqft
    Year built: 1924
    Days on market: 3,379
    Walk Score®: 65
  17. 3 beds, 2 full baths
    Home size: 1,213 sq ft
    Lot size: 6,000 sqft
    Year built: 1960
    Parking spots: 2
    Days on market: 3,381
    Walk Score®: 89
  18. 3 beds, 1 full, 1 three-quarter baths
    Home size: 2,314 sq ft
    Lot size: 9,150 sqft
    Year built: 1964
    Parking spots: 2
    Days on market: 3,387
    Walk Score®: 26
  19. 4 beds, 2 full baths
    Home size: 1,764 sq ft
    Lot size: 7,360 sqft
    Year built: 1954
    Parking spots: 2
    Days on market: 3,388
    Walk Score®: 63
  20. 4 beds, 3 full, 1 half baths
    Home size: 3,100 sq ft
    Year built: 2000
    Parking spots: 3
    Days on market: 3,394
    Walk Score®: 51
  21. 4 beds, 3 full, 1 half baths
    Home size: 3,600 sq ft
    Lot size: 8,000 sqft
    Year built: 2005
    Parking spots: 3
    Days on market: 3,399
    Walk Score®: 20
  22. 2 beds, 1 full, 1 half baths
    Home size: 950 sq ft
    Lot size: 10,776 sqft
    Year built: 1980
    Parking spots: 2
    Days on market: 3,400
    Walk Score®: 43
  23. 5 beds, 2 full, 1 half baths
    Home size: 3,400 sq ft
    Lot size: 5,000 sqft
    Year built: 2005
    Parking spots: 2
    Days on market: 3,402
    Walk Score®: 43
  24. 5 beds, 5 full, 1 half baths
    Home size: 5,000 sq ft
    Lot size: 10,200 sqft
    Year built: 2005
    Parking spots: 3
    Days on market: 3,405
    Walk Score®: 26
  25. 1 bed, 1 full bath
    Home size: 552 sq ft
    Lot size: 888 sqft
    Year built: 1957
    Days on market: 3,406
    Walk Score®: 92
  26. 5 beds, 5 full baths
    Home size: 5,000 sq ft
    Lot size: 43,560 sqft
    Year built: 2008
    Parking spots: 4
    Days on market: 3,408
    Walk Score®: 35
  27. 5 beds, 5 full baths
    Home size: 5,000 sq ft
    Lot size: 43,560 sqft
    Year built: 2008
    Parking spots: 4
    Days on market: 3,408
    Walk Score®: 57
  28. 5 beds, 4.5 baths
    Home size: 4,649 sq ft
    Lot size: 2.21 ac
    Year built: 1990
    Parking spots: 3
    Days on market: 3,408
    Walk Score®: 6
  29. 2 beds, 1 full bath
    Home size: 700 sq ft
    Lot size: 6,750 sqft
    Year built: 1952
    Parking spots: 1
    Days on market: 3,412
    Walk Score®: 52
  30. 3 beds, 2 full baths
    Home size: 1,700 sq ft
    Lot size: 1,263 sqft
    Year built: 2004
    Days on market: 3,413
    Walk Score®: 97
  31. 3 beds, 3 full baths
    Home size: 1,609 sq ft
    Lot size: 4,060 sqft
    Year built: 2002
    Parking spots: 2
    Days on market: 3,414
    Walk Score®: 46
  32. 3 beds, 2 full, 1 half baths
    Home size: 1,974 sq ft
    Lot size: 5,600 sqft
    Year built: 2001
    Parking spots: 2
    Days on market: 3,415
    Walk Score®: 3
  33. 3 beds, 1 baths
    Home size: 951 sq ft
    Lot size: 2,875 sqft
    Year built: 1938
    Days on market: 3,418
    Walk Score®: 28
  34. 4 beds, 2 baths
    Home size: 1,350 sq ft
    Lot size: 8,276 sqft
    Year built: 1958
    Days on market: 3,421
    Walk Score®: 18
  35. 3 beds, 2 baths
    Home size: 1,550 sq ft
    Lot size: 7,705 sqft
    Year built: 1955
    Parking spots: 2
    Days on market: 3,422
    Walk Score®: 46
  36. 3 beds, 2 baths
    Home size: 1,258 sq ft
    Lot size: 10,890 sqft
    Year built: 2007
    Parking spots: 2
    Days on market: 3,424
    Walk Score®: 0
  37. 3 beds, 1 full, 1 three-quarter baths
    Home size: 1,279 sq ft
    Lot size: 862 sqft
    Year built: 1960
    Parking spots: 2
    Days on market: 3,428
    Walk Score®: 91
  38. 4 beds, 3 full baths
    Home size: 3,148 sq ft
    Lot size: 5,515 sqft
    Year built: 1991
    Parking spots: 3
    Days on market: 3,437
    Walk Score®: 31
  39. 3 beds, 2 full baths
    Home size: 2,258 sq ft
    Lot size: 32,234 sqft
    Year built: 1968
    Parking spots: 2
    Days on market: 3,437
    Walk Score®: 3
  40. 3 beds, 2 full baths
    Home size: 1,751 sq ft
    Lot size: 2.53 ac
    Year built: 1987
    Parking spots: 3
    Days on market: 3,448
    Walk Score®: 2
  41. 4 beds, 2 full, 1 half baths
    Home size: 1,926 sq ft
    Lot size: 5,227 sqft
    Year built: 1990
    Parking spots: 2
    Days on market: 3,449
    Walk Score®: 63
  42. 2 beds, 1 three-quarter bath
    Home size: 900 sq ft
    Year built: 1962
    Parking spots: 1
    Days on market: 3,450
    Walk Score®: 23
  43. 3 beds, 2 full baths
    Home size: 1,661 sq ft
    Lot size: 7,000 sqft
    Year built: 1978
    Parking spots: 2
    Days on market: 3,450
    Walk Score®: 52
  44. 4 beds, 3 full, 1 half baths
    Home size: 3,324 sq ft
    Lot size: 10,902 sqft
    Year built: 1994
    Parking spots: 3
    Days on market: 3,455
    Walk Score®: 42
  45. 3 beds, 3 baths
    Home size: 2,103 sq ft
    Lot size: 2,400 sqft
    Year built: 1984
    Parking spots: 2
    Days on market: 3,457
    Walk Score®: 80
  46. 5 beds, 3 baths
    Home size: 2,100 sq ft
    Lot size: 7,000 sqft
    Year built: 2007
    Parking spots: 2
    Days on market: 3,459
    Walk Score®: 0
  47. 3 beds, 1 full, 1 three-quarter baths
    Home size: 1,800 sq ft
    Lot size: 6,000 sqft
    Year built: 1955
    Parking spots: 2
    Days on market: 3,459
    Walk Score®: 82
  48. 2 beds, 2 full baths
    Home size: 1,152 sq ft
    Lot size: 13.33 ac
    Year built: 1976
    Parking spots: 2
    Days on market: 3,462
    Walk Score®: 3
  49. 2 beds, 1 full, 1 half baths
    Home size: 1,250 sq ft
    Year built: 2002
    Days on market: 3,462
    Walk Score®: 12
  50. 7 beds, 6 full, 1 three-quarter, 1 half baths
    Home size: 6,500 sq ft
    Lot size: 5.50 ac
    Year built: 1988
    Parking spots: 4
    Days on market: 3,471
    Walk Score®: 57

See all Short Sales.
(all data current as of 1/23/2017)

Listing information deemed reliable but not guaranteed. Read full disclaimer.