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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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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3269 S Maze Ave, Boise $134,000

  • 3 Beds
  • 1.0 Baths
  • 1,036 SqFt
  • 0.19 Acres

Approved Price For Short Sale From The Servicer. Home Needs Some Repairs, So Cash Or Conventional Loans Only. Large Backyard, Small Shed Stays. Great Location, Off Boise Ave, Near Bown Way. Easy Access To Greenbelt & Downtown Boise. Wood Stove In Large...

Wendyworks Realty
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5691 W Parapet Ct, Boise $139,900

  • 3 Beds
  • 2.0 Baths
  • 1,248 SqFt
  • 0.13 Acres

Classic Rancher, Single Level Home, 3 Bedroom, 2 Bath With Attached 2 Car Garage. Bright Open Floor Plan Yields To Great Room Experience With Dining, Living And Kitchen Adjacent To Each Other. Fireplace Insert In Family Room, Large Windows To Front Yard A...

Keller Williams Realty Boise
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4120 W Wisteria, Boise $160,000

  • 4 Beds
  • 3.0 Baths
  • 1,688 SqFt
  • 0.18 Acres

This Home Is A Nice Home With A Few Upgrades. Large Open Living Room To Kitchen. Washer & Dryer Room, Full Garage W/lots Of Shelves, Garden Area, Nice Open Back Yard Perfect For Entertaining. The Shop In The Back Is A Salon With Water/sinks. Owner Has Sup...

Cashflow Real Estate
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10481 W Henry's Lake Dr, Boise $190,000

  • 3 Beds
  • 2.5 Baths
  • 1,911 SqFt
  • 0.12 Acres

Great Floor Plan With The Master Bedroom On The Main Level. An Extra Room With French Doors Off Of The Entry Would Make A Great Office Or Den. Great Neighborhood In Close Proximity To Shopping Including Pauls Market, Walgreens And Gas Stations.

Boise Premier Real Estate
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6516 Outlook Dr, Boise $179,000

  • 4 Beds
  • 2.0 Baths
  • 1,738 SqFt
  • 0.18 Acres

Nice Home, Needing Tlc. Great Location. 4 Bed / 2 Bath. Living And Family Rooms Main Level, 1 Bed Main Level All Other Bedrooms Upper Level, Open Floorplan. Hardwood Floors. Call Listing Agent To View. Buyer To Verify All Information.

North End Real Estate, Llc
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4328 N Draft Place, Boise $149,900

  • 3 Beds
  • 2.0 Baths
  • 1,400 SqFt
  • 0.15 Acres

Very Nice Home On Quite Cul-d-sac, Open Floor Plan, Vaulted Ceilings Large Windows And Plant Shelves. Kitchen Features Maple Cabinets, Pantry, White Appliances, Breakfast Bar And Informal Dining. Enjoy The Large Master Suite, With French Doors, Separating B...

Silvercreek Realty Group
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5811 W Farm Market, Boise $322,000

  • 3 Beds
  • 3.5 Baths
  • 3,202 SqFt
  • 0.16 Acres

Welcome To Hidden Springs! Warm Hardwood Floors Greet You As You Step Into The Large Great Room. Cathedral Ceilings And A Bright Open Kitchen Area Flow Around A Distinct Formal Dinning Area. The Home Has A Very Private Master Suite With A Sitting Area In Ad...

Keller Williams Realty Boise
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11579 W Tahiti St, Boise $162,900

  • 3 Beds
  • 2.0 Baths
  • 1,367 SqFt
  • 0.14 Acres

Bright And Cheery Home Offers Split Bedroom Design, 3 Bedrooms Plus Bonus Room, 2 Baths. Great Room With Vaulted Ceiling, Plant Shelves, Ceiling Fan. Kitchen With Breakfast Bar And Corner Pantry. Spacious Master With Vaulted Ceiling, Plant Shelf, Master Ba...

Silvercreek Realty Group
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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 March 27th, 2015 at 10:07pm MDT.