What is a Short Sale Condo?
Sometimes, to avoid a foreclosure, banks will let owners sell their condo for less than they owe. The bank takes the proceeds of the sale and allows title of the property to transfer to the buyer. The seller is usually not off the hook though, as the bank will still hold them liable for the difference. The bank has the final say about whether or not they will accept an offer on the property; the seller cannot make that decision. That's why you'll often see verbiage like "Short sale - subject to lender approval" in the property description. These closings can take a while, but if buyers are patient they can purchase these condos for a fair price.
| All Listings | $200,000 - $300,000 | $300,000 - $400,000 |
| $400,000 - $500,000 | $800,000 - $900,000 |
Bank Owned !!! Location ! Location ! Location !...
- Price:
- $889,900
- City:
- San Jose
- Beds:
- 5
- Baths:
- 5
- Type:
- Condo / Townhome
- MLS® #:
- 81308667
- Provider:
-
Bank Owned !!! Location ! Location ! Location ! Spacious 5 Bedrooms, 4.5 Baths With 2 Car Attache...
Very Nice Townhome In A Desirable Section Of Sa...
- Price:
- $424,200
- City:
- San Jose
- Beds:
- 2
- Baths:
- 3
- Type:
- Condo / Townhome
- MLS® #:
- 81315651
- Provider:
-
Very Nice Townhome In A Desirable Section Of San Jose With Easy Access To Good Schools And The Ma...
This Is An Excellent Opportunity To Own This Se...
- Price:
- $414,000
- City:
- San Jose
- Beds:
- 3
- Baths:
- 3
- Type:
- Condo / Townhome
- MLS® #:
- 81313197
- Provider:
-
This Is An Excellent Opportunity To Own This Semi New Townhouse Located In A Convenient Area: Clo...
Santa Teresa Townhome In Convenient Location Wi...
- Price:
- $394,800
- City:
- San Jose
- Beds:
- 3
- Baths:
- 3
- Type:
- Condo / Townhome
- MLS® #:
- 81316427
- Provider:
-
Santa Teresa Townhome In Convenient Location With Open Floor Plan. Living Room Is Open To The Din...
Spacious Townhome In Quiet North Valley Complex...
- Price:
- $346,900
- City:
- San Jose
- Beds:
- 2
- Baths:
- 2
- Type:
- Condo / Townhome
- MLS® #:
- 81305696
- Provider:
-
Spacious Townhome In Quiet North Valley Complex! Ground Floor End Unit! 2 Bedrooms And 2 Full Bat...
Price Reduction!! Spacious And Well Kept Home ...
- Price:
- $343,900
- City:
- San Jose
- Beds:
- 3
- Baths:
- 2
- Type:
- Condo / Townhome
- MLS® #:
- 81308170
- Provider:
-
Price Reduction!! Spacious And Well Kept Home With 3 Bedrooms And 2 Full Baths. Feels Like A Sin...
Great First Time Buyer Opportunity! Spacious Co...
- Price:
- $289,900
- City:
- San Jose
- Beds:
- 2
- Baths:
- 1
- Type:
- Condo / Townhome
- MLS® #:
- 81313599
- Provider:
-
Great First Time Buyer Opportunity! Spacious Condo With Lots Light Throughout. Tile Floors In Din...
Upstairs Unit(2nd Floor-one Level). Features: 2...
- Price:
- $269,900
- City:
- San Jose
- Beds:
- 2
- Baths:
- 1
- Type:
- Condo / Townhome
- MLS® #:
- 81315561
- Provider:
-
Upstairs Unit(2nd Floor-one Level). Features: 2 Bedrooms And 1 Full Bath. New Tub/faucet And Tile...
Upstairs End Unit With Newer Dark Laminate Floo...
- Price:
- $265,000
- City:
- San Jose
- Beds:
- 2
- Baths:
- 1
- Type:
- Condo / Townhome
- MLS® #:
- 81307571
- Provider:
-
Upstairs End Unit With Newer Dark Laminate Floors Throughout. Indoor Laundry In Hall And Patio Wi...
Listing information last updated on May 19th, 2013 at 9:30pm PDT.
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