WHAT IS A SHORT SALE?

Sold Short Sale Home For Sale Real Estate Sign in Front of New House - Right Facing.

A short sale is a sale of real estate in which the net proceeds from selling the property will fall short of the debts secured by liens against the property. In this case, if all lien holders agree to accept less than the amount owed on the debt, a sale of the property can be accomplished.

A short sale occurs when a lender agrees to accept less than the full balance of the amount owed in order to release their lien on real property. Short sales have become a popular solution for homeowners who wish to sell their property but owe their lender(s) more than their home is worth.

Short Sale
$155,000
Condo For Sale
Active
2
BEDS
2
TOTAL BATHS
1,050
SQFT
12500 NE 15th Ave #605
North Miami, FL 33161
Three Horizons East Condo Subdivision
Short Sale
$205,000
Condo For Sale
Active
3
BEDS
2
TOTAL BATHS
1,972
SQFT
7200 Radice Ct #709
Lauderhill, FL 33319
Environ Towers 1 Condo Subdivision
Short Sale
$225,000
Single Family Home For Sale
Active
3
BEDS
1
TOTAL BATH
1,127
SQFT
12700 NW 18th Ct
Miami, FL 33167
Randall Pk 1st Addn Subdivision
Short Sale
$230,000
Single Family Home For Sale
Active
3
BEDS
2
TOTAL BATHS
1,898
SQFT
241 NE 212th St
Miami, FL 33179
San Simeon Homes Subdivision
Short Sale
$249,999
Condo For Sale
Active
2
BEDS
1
TOTAL BATH
790
SQFT
1320 15th St #1
Miami Beach, FL 33139
Villa Bahia Condo Subdivision
Short Sale
$259,900
Condo For Sale
Active
4
BEDS
3
TOTAL BATHS
1,660
SQFT
225 NW 84th Ter #225
Miami, FL 33150
Sunset Palm Villas Condo Subdivision
Short Sale
$275,000
Single Family Home For Sale
Active
2
BEDS
1
TOTAL BATH
900
SQFT
3120 NW 134th St
Opa-Locka, FL 33054
Nile Gardens Sec 2 Subdivision
Short Sale
$300,000
Single Family Home For Sale
Active
6
BEDS
4
TOTAL BATHS
1,631
SQFT
181 NE 121st St
North Miami, FL 33161
Breezeswept Estates Subdivision