This site uses cookies to store information on your computer. Some are essential to making our site work; others help us improve the user experience. By using the site, you consent to the placement of these cookies. Read our Privacy Statement to learn more.
You are verified successfully. You can place bid or offers now.
Your verification is in progress. Please try placing bid or offers after some time.
Your verification has failed. Please try to verify with proper documents.
Short sale homes near me
5 Properties
Retrieving properties
Loading...

Short sale homes near me

Search for short sale property auctions near your area or in nearby cities and counties. Short sale properties present a unique opportunity for those looking for a home to live in or for a rental property. Short sales are often move-in ready and might require little to no repairs.

How do short sales work? When a homeowner is faced with the possibility of a foreclosure, a lender might be willing to work with them and enter into a short sale agreement. The negotiations between the homeowner and bank might result in the bank accepting an offer on the home that's less than the total amount owed on the mortgage. In other words, the sale will come up "short" of what is owed to the lender. The current owner of the property -the borrower-avoids a foreclosure and the lender saves time and money by not needing to go through foreclosure proceedings.

How does a short sale auction benefit you? It offers you the possibility of purchasing a property from a motivated seller at a price that's below market value. These properties are often available for showings which allows you to do your due diligence prior to bidding. You can also find an abundance of information about the property on Hubzu, from photos and rental estimates to property details and local school information. Start your search below and begin bidding today.
Read more
Looks like you did not enter a search term. Check these nearby properties.