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
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5103 N Brookmeadow Way, Boise $299,900

  • 4 Beds
  • 3.5 Baths
  • 2,777 SqFt
  • 0.23 Acres

4 Bedroom, 3 And 1/2 Bathrooms, Two Story Home In Brookdale Meadow Subdivision. Features A Main Level Master Bedroom And Bathroom, Large Bonus Room, Den Or Office, Large Fenced Back Yard And Great Location.

Keller Williams Realty Boise
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8370 W Golse Drive, Boise $189,000

  • 5 Beds
  • 2.0 Baths
  • 2,259 SqFt
  • 0.18 Acres

Great Family Home In Quiet Neighborhood. Large Backyard Backs Up To Elementary School. Covered Patio And Deck Provide Plenty Of Room For Backyard Entertaining. Chicken Coop. Fireplace Upstairs, Fireplace With Insert In Basement Keep This House Plenty War...

Century 21 Eagle Rock
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3240 N Patricia Pl, Boise $135,000

  • 3 Beds
  • 2.0 Baths
  • 1,346 SqFt
  • 0.06 Acres

What A Find! This Spacious Townhome With A Main Level Master Bedroom, And Dramatic Vaulted Ceilings Features A Gas Fireplace, Alder Cabinetry And A Gas Stove. East-facing Backyard Is Fully Fenced And Is Perfect For Summer Cookouts. Or Enjoy The Community P...

Front Street Brokers
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10798 W Seneca, Boise $205,000

  • 4 Beds
  • 2.0 Baths
  • 2,096 SqFt
  • 0.58 Acres

Pc2391 Insanely Gorgeous Backyard W/2 Storage Sheds, Covered Patio, Custom Built Wood Deck & Gazebo On A ½ Acre Lot. Beautiful 60 Ft Willow Tree, Full Grape Vines & Blooming Fruit Trees, Full Honeysuckle, Evergreens & Rv Pkg All Against An Open Lot, With F...

Coldwell Banker Tomlinson -eagle
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1702 N Fry, Boise $145,000

  • 2.0 Baths
  • 1,245 SqFt
  • 0.15 Acres

Great Home With A Great Location. Spacious Backyard With Ample Room For Rv Parking. Hardwood Floors And Spacious Bedrooms. The Front Yard Features A Pear And Apple Trees. Covered Side Patio And Storage Shed On The Property.

Keller Williams Realty Boise
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6609 N Prescott Ave, Boise $135,000

  • 3 Beds
  • 2.0 Baths
  • 1,140 SqFt
  • 0.17 Acres

Well Kept Single Level, 3 Bed, 2 Bath In Nw Boise! Great Features Include Lots Of Windows, Large Family Room, A Nicely Sized Kitchen Open To The Eating Area With Patio Access. Vaulted Ceilings In Main Living Areas Give An Open And Inviting Feel! New Sinks A...

Keller Williams Realty Boise
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Boise ID Short Sale Properties

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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 April 18th, 2015 at 6:22am MDT.