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
Hidden gem in Oakland with a detached garage on a large lot for possible expansion. Perfect for a family or investor. Close to freeways and BART.
- 3 Beds
- 1 Baths
- 40978693 MLS
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...
- 2 Beds
- 1 Baths
- 40946826 MLS
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...
- 1 Beds
- 1 Baths
- 40965878 MLS
© 2022 Bay East. © 2022 CCAR. © 2022 BridgeMLS. All rights reserved. Information deemed reliable but not guaranteed. This information is provided from three separate sources: Bay East, CCAR and BridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information last updated on:
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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