A short sale is a real estate transaction in which the proceeds from the sale fall short of the balance owed on a mortgage loan. In other words, the homeowner is “underwater” on their mortgage, meaning they owe more on the property than it is currently worth on the market. In this situation, the homeowner may choose to sell the property for less than the outstanding mortgage balance, and the lender agrees to accept the proceeds as full payment for the loan. Short sales can be a good option for homeowners who are struggling to make their mortgage payments and facing foreclosure. It can also be a good option for buyers looking for a good deal on a property, as short sale properties are often sold at a discount compared to similar properties on the market. However, short sales can be a complex and time-consuming process, as the lender must approve the sale and negotiate with the buyer. It is important for both buyers and sellers to work with experienced professionals to navigate the process and ensure a successful transaction.
Short Sale
7
2001 Butterfield Lane
Kinston, NC 28504
$248,000
For Sale
4
Beds2
Baths1,764
square feet,
Cali FloorplanWelcome to this inviting single-story home that combines comfort, convenience, and practicality in every corner. N... (more)
# 100440559
Realty One Group East
21
126 Silver Leaf Drive
Jacksonville, NC 28546
$215,000
For Sale
3
Beds2
Baths1,711
square feet,
Investors check out this three bedroom, 2 bathroom home in Brynn Marr. Screened in back porch with nice size yard.
# 100440248
Coldwell Banker Sea Coast Advantage - Jacksonville
9
102 Nicole Court
Jacksonville, NC 28540
$270,000
For Sale
3
Beds2
Baths1,385
square feet,
Awaiting short sale approval. Welcome home to 102 Nicole Ct! This spacious 3 bedroom, 2 bathroom is conveniently located near MCA... (more)
# 100437311
Swinson Realty Group
11
351 Plantation Circle
Edenton, NC 27932
$77,900
For Sale
0.61
AcresThis is lot is a level cleared lot with a view of the community boat launch and dock. Build your new home in the heart of this won... (more)
# 896942
Carolina East Real Estate
17
101 Norcum Point Road
Edenton, NC 27932
$137,900
For Sale
0.72
AcresThis beautiful lot has so much to offer! Lot #118 is a cleared, level, dockable, waterfront lot in the beautiful, gated commu... (more)
# 8100964
Carolina East Real Estate
18
231 Barbara Avenue
Midway Park, NC 28544
$87,650
Pending with Showings
2
Beds1
Baths800
square feet,
***INVESTOR SPECIAL*** SHORT SALE***This 2 Bedroom 1 Bath home is situated in Midway Park and close to local amenities and Camp Le... (more)
# 100429271
Berkshire Hathaway Homeservices Carolina Premier Properties
8
359 Running Road
Jacksonville, NC 28546
$220,000
For Sale
3
Beds2
Baths1,357
square feet,
Welcome to Horse Creek Farms...This property features 3 bedrooms, 2 full baths, living room with fireplace, dining room, kitch... (more)
# 100432049
Military Relocator, Inc.
1
206 Estate Drive
Jacksonville, NC 28540
$175,000
For Sale
4
Beds2
Baths1,943
square feet,
Calling all INVESTORS!Welcome to Brook Valley Subdivision! Located less than a minute away from the Onslow County Public Library a... (more)
# 100428460
Devine Realty Group
19
705 Fifth Street
Maysville, NC 28555
$145,000
Pending with Showings
3
Beds2
Baths1,142
square feet,
***Pending short sale approval***Cute home nestled in the heart of Maysville. The home features a living room with a gas fireplac... (more)
# 100426220
Grifaldo Properties, Inc
12
802 Paul Road
Newport, NC 28570
$230,000
For Sale
4
Beds3
Baths1,436
square feet,
Spacious four bedroom home sitting on almost a half acre. This home boasts a large eat in kitchen with a bar area for food prep, ... (more)
# 100423188
Century 21 Zaytoun Raines