Boise Short Sale Homes
Buying a short sale property in Boise may be an excellent option for you if you are looking to get a good deal on a home. Essentially, the term ‘short sale’ means the lender agrees to accept less than what is owed on a home to avoid going through the costly and very time-consuming process of foreclosure. Buying Boise Short Sale Homes.
Boise Short Sale Homes for Sale
| All Listings | Under $100,000 | $100,000 - $200,000 |
| $200,000 - $300,000 | $300,000 - $400,000 | $400,000 - $500,000 |
| $500,000 - $600,000 | $800,000 - $900,000 | Over $1,000,000 |
Pc9111 Secluded Georgian Estate On Premiere Boise River...
- Price:
- $1,795,000
- City:
- Boise
- Beds:
- 5
- Baths:
- 8
- Type:
- Residential
- MLS® #:
- 98489745
- Provider:
-
Coldwell Banker Tomlinson -cap
Pc9111 Secluded Georgian Estate On Premiere Boise River Home Site - Sublimely Overlooking The Boise River...
The Ultimate In Luxury Living! This Classic Contemporary...
- Price:
- $875,000
- City:
- Boise
- Beds:
- 5
- Baths:
- 4½
- Type:
- Residential
- MLS® #:
- 98475866
- Provider:
-
Keller Williams Realty Boise
The Ultimate In Luxury Living! This Classic Contemporary Was Thoughtfully Designed To Take Advantage...
Grand & Spacious Salt Box Design In Prime North End...
- Price:
- $550,000
- City:
- Boise
- Beds:
- 4
- Baths:
- 3½
- Type:
- Residential
- MLS® #:
- 98492404
- Provider:
-
Keller Williams Realty Boise
Grand & Spacious Salt Box Design In Prime North End Location. Large Open Rooms Provide Generous Space...
Live East Boise's Desirable Outdoor Lifestyle! Intimate...
- Price:
- $499,000
- City:
- Boise
- Beds:
- 4
- Baths:
- 3½
- Type:
- Residential
- MLS® #:
- 98478165
- Provider:
-
Silvercreek Realty Group
Live East Boise's Desirable Outdoor Lifestyle! Intimate Foothills Setting & Beautiful Boise River Valley...
Gorgeous Expansive Home. 7 Bedrooms, Huge Theater Room,...
- Price:
- $400,000
- City:
- Boise
- Beds:
- 7
- Baths:
- 5
- Type:
- Residential
- MLS® #:
- 98492027
- Provider:
-
Prudential Idaho Realty
Gorgeous Expansive Home. 7 Bedrooms, Huge Theater Room, Basement, Office And Tons Of Storage. Rv Garage...
A Beautiful Retreat In A Desirable Golf Course Setting!...
- Price:
- $400,000
- City:
- Boise
- Beds:
- 5
- Baths:
- 3½
- Type:
- Residential
- MLS® #:
- 98485768
- Provider:
-
Keller Williams Realty Boise
A Beautiful Retreat In A Desirable Golf Course Setting! Extraordinary Design & Craftsmanship Artfully...
Home Needs Lots Of Attention But The Possibilities...
- Price:
- $389,000
- City:
- Boise
- Beds:
- 6
- Baths:
- 5
- Type:
- Residential
- MLS® #:
- 98425676
- Provider:
-
Woodhouse Group
Home Needs Lots Of Attention But The Possibilities Are Grand!! Over 7,000sq.ft Of Living Space And 5...
This 4 Bedroom, 4 Bath, Custom Home Offers So Much...
- Price:
- $374,900
- City:
- Boise
- Beds:
- 4
- Baths:
- 4
- Type:
- Residential
- MLS® #:
- 98493404
- Provider:
-
Group One - Eagle
This 4 Bedroom, 4 Bath, Custom Home Offers So Much Flexibility. The Main Level 4th Bedroom Has A Convenient...
Formerly In The Fall Parade Of Homes! Beautiful Architecture...
- Price:
- $374,000
- City:
- Boise
- Beds:
- 5
- Baths:
- 3
- Type:
- Residential
- MLS® #:
- 98490532
- Provider:
-
Keller Williams Realty Boise
Formerly In The Fall Parade Of Homes! Beautiful Architecture & Custom Amenities Throughout. Great Features...
Charming 1940’s Cottage On Historic Harrison...
- Price:
- $335,000
- City:
- Boise
- Beds:
- 4
- Baths:
- 2½
- Type:
- Residential
- MLS® #:
- 98482935
- Provider:
-
Keller Williams Realty Boise
Charming 1940’s Cottage On Historic Harrison Blvd! Elegantly Set Back From The Street On A Corner...
Wonderful Large Home In Great Quiet Neighborhood With...
- Price:
- $289,000
- City:
- Boise
- Beds:
- 5
- Baths:
- 2½
- Type:
- Residential
- MLS® #:
- 98489876
- Provider:
-
Keller Williams Realty Boise
Wonderful Large Home In Great Quiet Neighborhood With Awesome Access To Downtown, The Freeway Or Airport....
Mother-in Law Or Guest Suite! Rare And Versatile Multi-generational...
- Price:
- $274,900
- City:
- Boise
- Beds:
- 5
- Baths:
- 3½
- Type:
- Residential
- MLS® #:
- 98492509
- Provider:
-
Keller Williams Realty Boise
Mother-in Law Or Guest Suite! Rare And Versatile Multi-generational Floor Plan Is Move-in Ready. Situated...
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Boise ID Short Sale Properties
During these tough economic times, more and more homeowners are finding themselves getting behind on their mortgage payments due a loss of a job or a reduction in income and must prove an actual hardship. The distressed sales in Boise have put a tremendous downward pressure on prices and account for over 40% of all sales.
Short sales can be a win-win for all the parties involved. It is a win for the homeowner because they escape the devastation of going through the foreclosure process. It is a win for the lender because they get to cut their losses quickly and do not have to go through the expensive process of foreclosure, maintaining the property and then putting the home back on the market many months later. The buyer also comes out a winner when they can purchase a property below current market prices. Lastly, the neighborhood does not have to endure a vacant eyesore for months and further dropping surrounding property values.
The short sale process in Boise, as in other areas, typically is not at all a short-term or quick process. Buyers need to be patient and it can take up to 4-6 months for a response from the lender with no guarantee that it will close. First, the seller agrees to the terms of the purchase and sale agreement and then the offer is subject to the lender’s approval to all terms and conditions. The process is further complicated and delayed if there is more than one lender or mortgage insurance companies are involved. As with all home purchases, the home buyer must be diligent by doing their homework on property values in the area, conduct a thorough inspection and be ready to close quickly once the lender agrees to the terms. In most cases the homes are sold in ‘as is’ condition and therefore the buyer should make sure any potential repair costs be considered in the offer. In the end, the buyer can walk away with a great bargain.
If Short sale homes in Boise are not the right fit for you, start your search for Boise Id homes sorting by price range and you are sure to find a wide selection of options in traditional re-sale homes.
View information and real estate listings in other Idaho communities.
Contact The Hughes Real Estate Group for more information or to view Idaho homes: (208) 571-7145.
IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Information provided by IMLS is deemed reliable but not guaranteed.
Listing information last updated on May 17th, 2012 at 12:55am.