• Short Sales

Idaho Short Sales

A short sale is a sale of real estate in which the sales price is less then the balance of debts secured by liens against the property, i.e. home loans, and the property owner cannot afford to pay the difference. In this instance, the lien holders agree to release their lien on the real estate and accept less than the amount owed on the home.

Short sale agreements do not necessarily release borrowers from their obligations to repay any deficiencies of the loans, unless specifically agreed to between the parties. A short sale is often used as an alternative to foreclosure because it mitigates additional fees and costs to both the creditor and borrower. Both often result in a negative credit report against the property owner.

Contact Agent

Build Idaho: Michelle Penick, Boise Home Buyers Specialist

Michelle Penick
Meridian, Idaho Resident
818.472.1767
Michelle@BuildIdaho.com

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Short Sale Homes

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This large home is situated on just over 4 acres in the Birds of Prey area, south of Kuna, with sweeping views of the foothills & wildlife. In 2018, a new roof, disposal, & furnace were installed. This home is a short sale and sold as is, where is. The property is not finance-able due to the condition of the home, and thus buyers will need to pay cash for the property.
Spacious 4 bed, 2.5 bath home on nearly 1/3 of an acre! Huge, fully fenced back yard with lots of potential for gardening, storage shed/shop, and outdoor gatherings around the fire pit. Bright & open kitchen w/stone-tiled island/breakfast bar, hardwood flooring, recessed lighting, & tons of storage! Master bedroom has adjoining bath w/separate shower, soaking tub, & walk-in closet. Offers may be subject to banks approval of short sale!
Properties 1-3 of 3
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