Short Sales, AL Real Estate:

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Short Sales AL Real Estate

Short Sales Real Estate

Short Sales - New Listings

1333 33RD ST , Birmingham, AL NEW!: 1 Day Old $54,900 Birmingham, AL
 3 beds / 1.5 baths
5907 Ave G , Bessemer, AL NEW!: 2 Days Old $35,000 Bessemer, AL
 4 beds / 2 baths
2213 Cheshire Dr , Birmingham, AL NEW!: 3 Days Old $84,500 Birmingham, AL
 2 beds / 1.5 baths
1529 Valley View Cir , Homewood, AL NEW!: 3 Days Old $171,000 Homewood, AL
 3 beds / 3 baths
2007 River Lake Dr , Birmingham, AL NEW!: 3 Days Old $367,500 Birmingham, AL
 4 beds / 3.5 baths
2341 NW 6TH PL , Birmingham, AL NEW!: 3 Days Old $149,900 Birmingham, AL
 4 beds / 3 baths
550 Eagle Pointe Ln , Pell City, AL NEW!: 4 Days Old $350,000 Pell City, AL
 3 beds / 2 baths
175 Co Rd 480 , Vandiver, AL NEW!: 5 Days Old $149,900 Vandiver, AL
 3 beds / 3 baths
4419 Skyline Dr , Anniston, AL NEW!: 5 Days Old $74,900 Anniston, AL
 3 beds / 2 baths
2028 10TH AVE , Calera, AL NEW!: 6 Days Old $99,000 Calera, AL
 3 beds / 2 baths
575 Hearthstone Dr , Odenville, AL NEW!: 6 Days Old $69,900 Odenville, AL
 3 beds / 2 baths
4667 Brookshire Loop , Mccalla, AL NEW!: 8 Days Old $204,900 Mccalla, AL
 3 beds / 2 baths
3519 Stonecreek Pl , Helena, AL NEW!: 9 Days Old $156,000 Helena, AL
 3 beds / 2 baths
289 Mountain Crest Dr , Pell City, AL NEW!: 9 Days Old $189,900 Pell City, AL
 4 beds / 3.5 baths
1032 W Heflin Ave , Birmingham, AL NEW!: 10 Days Old $29,900 Birmingham, AL
 2 beds / 1 baths
1739 Tahiti Ln , Alabaster, AL NEW!: 11 Days Old $120,000 Alabaster, AL
 4 beds / 3.5 baths
739 Circlewood Ln , Birmingham, AL NEW!: 12 Days Old $69,900 Birmingham, AL
 3 beds / 1.5 baths
2002 Chandabrook Dr , Pelham, AL NEW!: 12 Days Old $164,900 Pelham, AL
 3 beds / 2 baths
3826 Windhover Dr , Birmingham, AL NEW!: 12 Days Old $95,000 Birmingham, AL
 2 beds / 2 baths
1509 Carol Cir , Midfield, AL NEW!: 13 Days Old $39,900 Midfield, AL
 2 beds / 1 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.