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  • 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.

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Short Sale Homes

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Short Sale MAKE AN OFFER*** Cherry cabinets, maple hardwood floor w/Brazilian cherry inlay, stainless steel Kitchen Aid appliances, 5 burner gourmet cook top range w/down draft, wall oven and microwave. Granite slab counter tops, central vacuum installed, ceiling fans throughout. Master has walk-in travertine shower, corner jetted soaker tub, satin nickel faucets throughout. Dryer plumbed for gas or electric. Garage wired for 220 and is fully insulated and painted.
Property is in Pre-foreclosure status with Trustee Sale Date of 5/15/18. Property to be sold as-is, no repairs, no warranties and subject to Lender's approval for short sale. 1696 SF is unfinished basement. 2795 finished square footage on 2 stories. Photos were taken prior to tenant occupancy. Buyer to verify all information.
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