Short Sale Homes Jacksonville Florida
In real estate, a short sale is when a bank or mortgage lender agrees to discount a loan balance due to an economic hardship on the part of the mortgagor. The home owner/debtor sells the mortgaged property for less than the outstanding balance of the loan, and turns over the proceeds of the sale to the lender in full satisfaction of the debt.
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Short Sale Homes in Jacksonville Florida
8 Search Results Found. Showing Results 0 - 8.
- Listing #:
- 456885
- Address:
- 2507 Bear Paw St Augustine Florida 32092
- Subdivision:
- Waterbury
- Price:
- $549,900
- Sq. Feet:
- 3,536
- Bedrooms:
- 4
- Bathrooms:
- 5
- Office:
- Access E* Realty, Inc
This 3536 Sq. Ft. Custom Built Home Boasts A Theatre Room W/wetbar, Surround Sound...
- Listing #:
- 453228
- Address:
- 1064 Eagle Point St Augustine Florida 32092
- Subdivision:
- St Johns Golf & Cc
- Price:
- $369,900
- Sq. Feet:
- 3,400
- Bedrooms:
- 4
- Bathrooms:
- 4
- Office:
- Young Realty Llc
Price Just Reduced 30,000.this Home Has 20,000. Inupgraded Kitchen Cabinets,custom...
- Listing #:
- 427364
- Address:
- 14602 Zachary Jacksonville Florida 32218
- Subdivision:
- Hidden Lake Estates
- Price:
- $169,900
- Sq. Feet:
- 2,161
- Bedrooms:
- 3
- Bathrooms:
- 2
- Office:
- St Johns Realty Group, Inc.
Beautiful And Well Maintained House With Side Entry Garage On A Corner Lot. Quiet...
- Listing #:
- 453206
- Address:
- 13725 Fish Eagle Jacksonville Florida 32226
- Subdivision:
- Eagles Hammock
- Price:
- $164,900
- Sq. Feet:
- 2,114
- Bedrooms:
- 4
- Bathrooms:
- 2
- Office:
- Young Realty Llc
Just Reduced Another 10,000.. Beautiful Home With Gorgeous Kitchen Granite Counters.won't...
- Listing #:
- 458415
- Address:
- 904 Lake Sanford St Augustine Florida 32092-1013
- Subdivision:
- Southlake
- Price:
- $150,000
- Sq. Feet:
- 1,500
- Bedrooms:
- 3
- Bathrooms:
- 2
- Office:
- Access E* Realty, Inc
Home Sweet Home! This Home Is Located Off C.r. 210 In A Cul-de-sac And Has A Private...
- Listing #:
- 430773
- Address:
- 7518 Fawn Lake Jacksonville Florida 32256-3661
- Subdivision:
- Deer Cove
- Price:
- $139,900
- Sq. Feet:
- 1,313
- Bedrooms:
- 3
- Bathrooms:
- 2
- Office:
- St Johns Realty Group, Inc.
Come And Get This Steal!!lovely 3br, 2ba Home Is In A Quiet Neighborhood Very Convenient...
- Listing #:
- 453232
- Address:
- 418 Scrub Jay St Augustine Florida 32092
- Subdivision:
- Commons @ Wingfield Glen
- Price:
- $86,000
- Sq. Feet:
- 1,346
- Bedrooms:
- 2
- Bathrooms:
- 3
- Office:
- Young Realty Llc
This Is The Only Townhome Community Off 210 Area Community Is Surrounded By Single...
- Listing #:
- 450426
- Address:
- 6715 Miller Jacksonville Florida 32210-4954
- Subdivision:
- Cedar Hills Estates
- Price:
- $79,000
- Sq. Feet:
- 1,756
- Bedrooms:
- 3
- Bathrooms:
- 2
- Office:
- St Johns Realty Group, Inc.
Beautifully Maintained Block Home That Has 4br/2baths Living/dining Combo,utility...
In such instances, the lender would have the right to approve or disapprove of a proposed sale. A short sale typically is executed to prevent a home foreclosure. Often a bank will choose to allow a short sale if they believe that it will result in a smaller financial loss than foreclosing. For the home owner, the advantages include avoidance of having a foreclosure on their credit history. Additionally, a short sale is typically faster and less expensive than a foreclosure.
What is a Short Sale?
A short sale means the seller's lender is accepting a discounted payoff to release an existing mortgage. Just because a property is listed with short sale terms does not mean the lender will accept your offer, even if the seller accepts it. Be aware that the seller need not be in default -- to have stopped making mortgage payments -- before a lender will consider a short sale. A lender may consider a short sale if the seller is current but the value has fallen. The seller may have over-encumbered, owe more than the home is worth, so a discounted price might bring the price in line with market value, not below it.
