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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.

 

Fill out my online form.

Newest East Bay Short Sales

2005 Lincoln Ave, Richmond image
2005 Lincoln Ave, Richmond $789,000

Two charmers in corner lot! Both one-story homes are beautifully updated and freshly painted inside, with 2-year old roofs and double-pane windows. Main house has 1200 s....

  • 4 Beds
  • 3 Baths
  • 40998953 MLS
4565 Wildcat Lane, Concord image
4565 Wildcat Lane, Concord $799,000 ▼

This 3 Bedroom 2 Bath Home in the Turtle Creek area of Concord needs some love to help it shine. Home backs to Open Space with a great Backyard and Deck. Vaulted Ceilings...

  • 3 Beds
  • 2 Baths
  • 40998919 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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(510) 868-2772

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