Short Sales, AL Real Estate:

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Short Sales AL Real Estate

Short Sales Real Estate

Short Sales - New Listings

7504 Cresview Ln , Dora, AL NEW!: 1 Day Old $109,900 Dora, AL
 3 beds / 2 baths
609 S 9TH AVE , Birmingham, AL NEW!: 1 Day Old $110,000 Birmingham, AL
 3 beds / 1 baths
107 Indian Landing Rd , Pelham, AL NEW!: 2 Days Old $198,900 Pelham, AL
 4 beds / 3.5 baths
7008 Brooke Ln , Clay, AL NEW!: 2 Days Old $219,900 Clay, AL
 4 beds / 3 baths
220 Peaceful Ln , Springville, AL NEW!: 3 Days Old $215,000 Springville, AL
 3 beds / 3 baths
1531 Creekside Dr , Hoover, AL NEW!: 4 Days Old $299,900 Hoover, AL
 4 beds / 3 baths
2122 NE 5TH ST , Center Point, AL NEW!: 4 Days Old $59,900 Center Point, AL
 3 beds / 2 baths
1420 Sugar Ridge Rd , Morris, AL NEW!: 5 Days Old $16,200 Morris, AL
 2 beds / 2 baths
113 Patriot Park , Montevallo, AL NEW!: 5 Days Old $218,000 Montevallo, AL
 4 beds / 3.5 baths
1100 Elm Dr , Alabaster, AL NEW!: 7 Days Old $145,000 Alabaster, AL
 3 beds / 2.5 baths
808 Hibernian St , Birmingham, AL NEW!: 7 Days Old $8,000 Birmingham, AL
 3 beds / 2 baths
5933 Creekwood Cir , Irondale, AL NEW!: 7 Days Old $127,000 Irondale, AL
 3 beds / 2 baths
110 Buckingham Cir , Montevallo, AL NEW!: 8 Days Old $81,700 Montevallo, AL
 3 beds / 2 baths
7809 Vienna Ave , Birmingham, AL NEW!: 8 Days Old $59,900 Birmingham, AL
 3 beds / 1 baths
1137 Alden Glen Dr , Moody, AL NEW!: 9 Days Old $140,000 Moody, AL
 3 beds / 2.5 baths
2012 Sourwood Dr , Hoover, AL NEW!: 9 Days Old $279,900 Hoover, AL
 4 beds / 2.5 baths
2188 Levine Rd , Margaret, AL NEW!: 10 Days Old $134,900 Margaret, AL
 1 beds / 1.5 baths
504 Carriage Hills Dr , Bessemer, AL NEW!: 11 Days Old $101,500 Bessemer, AL
 3 beds / 2 baths
Address Not Published , Birmingham, AL NEW!: 12 Days Old $6,000 Birmingham, AL
 3 beds / 2 baths
1209 Branchwater Ln , Vestavia Hills, AL NEW!: 12 Days Old $535,500 Vestavia Hills, AL
 5 beds / 5 baths
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About Short Sales

A short sale means the seller's lender is agreeing to accept a discounted payoff in order to release the existing mortgage. The lender is willing to accept this reduced payoff because they believe that it is in their best interest because they can avoid high foreclosure costs and fees, not to mention a lower sales price. Keep in mind that just because a property is listed with short sale terms, that does not mean that the lender will automatically approve your offer, even if the actual seller accepts it. Most lenders are not pre-approving terms and conditions of a short sale prior to receiving a bona fide contract. This leaves the seller and Realtor to make an educated guess as to sales price and terms that the lender would be willing to accept. The average short sale takes between 4 and 6 months from contract to close. It is very important that you have a Certified Distressed Property Expert represent your interests when buying a short sale property.