Short Sales
Searching for short sale listings can sometimes lead to some great deals. Short sales are when the seller owes more to the bank than the home is worth. The short sale is listed on the Multiple Listing Service (MLS) like any other sale but, letting the public know that this is a short sale. Short sales can be pre-approved (the price that is being offered is a negotiated price that the lender has already indicated that they will accept) or not. If the short sale has not been pre-approved by the lender(s) that hold the note, a package that includes the buyers offer is sent to the lender(s) for approval. This process can take from few to many months as the lender(s) perform their due diligence and accept, counter-offer, or deny the short sale. For this reason, it is important that the buyer be patient as the process can take many months.
Considering short selling your home?
Contact us at (510) 868-2772 or fill out our short form below and one of our short sale specialists will contact you directly.
Newest East Bay Short Sales
This Is A Great "Home" Alternative, For Those Seeking The “Resort Living” Lifestyle! Everything That You Need Is Here!! If you are looking for instant Equity, This Is Th...
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Beautiful Craftsman House in up and coming neighborhood in the heart of Oakland. This home is close to shops, restaurants, Transportation and Freeways. The Home has great...
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Great opportunity for first time home buyer! Quaint craftsman home with charm and lots of potential. Spacious backyard with deck, washer and dryer hookups in basement. Ga...
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Based on information from the Bay East Association of REALTORS® as of: All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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