Boise Short Sale Properties & Homes 

Boise Short Sale Homes for Sale

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12593 W Abram Dr, Boise $194,900

  • 3 Beds
  • 2.5 Baths
  • 1,531 SqFt
  • 0.19 Acres

Great Opportunity On This Beautiful 3 Bed, 2 Bath Home! Upstairs Bonus And Main Level Living Room. Living Room Has Plenty Of Windows And Gas Fireplace. Spacious, Main Level Master Suite. Incredible Backyard Is Nice And Large With No Back Neighbors. Fantasti...

Idaho MLS Silvercreek Realty Group
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5000 N Glenbrook Drive, Boise $175,000

  • 3 Beds
  • 2.5 Baths
  • 1,849 SqFt
  • 0.23 Acres

Great Home In A Solid West Boise Development With Pool And Club House. This One Is An Estate Short Sale. The Short Sale Is Approved And Ready To Close. The Home Is Not Hooked To The Sewer. The Total Cost To Hookup Is About $10,000.00.

Idaho MLS First Service Group Real Est.
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829 N Aster Ave, Boise $164,900

  • 4 Beds
  • 3.0 Baths
  • 2,046 SqFt
  • 0.15 Acres

Back On Market! Short Sale Approved! Close Before October 23rd! Great West Boise Location! Two Master Bedrooms! The Upstairs Addition Is An All "master Bedroom And Bath Suite". Your Private Retreat Or...it Could Be A Spacious Bonus Room With Bath If You Wan...

Idaho MLS Core Group Realty
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8598 West Wall Drive, Boise $160,000

  • 3 Beds
  • 2.0 Baths
  • 1,216 SqFt
  • 0.20 Acres

Short Sale...single Level Home W/split Bedrooms The Back Yard Patio Is 30x10 And Shady In The Evenings. Other Features Include Large Bay Window In Living Rm W/vaulted Ceilings, Raised Breakfast Bar, Built In Microwave, Walk In Pantry, Refrigerator Included,...

Idaho MLS Silvercreek Realty Group
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2209 N 32nd St, Boise $244,000

  • 3 Beds
  • 2.0 Baths
  • 1,753 SqFt
  • 0.18 Acres

Fabulous Opportunity To Be In A Charming Northender, Priced To Sell Quickly. Large Yard With Expansive Deck, Fully Fenced, Storage Shed & Rv Parking Off The 2 Car Garage. Spacious Bedrooms With Walk In Closets In Upstairs Bedrooms. Huge Utility Room, Offeri...

Idaho MLS Re/max Capital City
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7566 W Amity Rd, Boise $150,000

  • 3 Beds
  • 1.5 Baths
  • 1,537 SqFt
  • 0.19 Acres

Your Urban Homestead Awaits! Sought After Single Level Home, In Great Location Features The Ever-popular Split Bedroom Design Giving Everyone A Lil’ Privacy. Clean & Easy Living Inside, & Plenty Of Room To Roam For The Gardening Enthusiast Outside. Indoor F...

Idaho MLS Keller Williams Realty Boise
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12363 W Delmar Street, Boise $154,900

  • 3 Beds
  • 2.0 Baths
  • 1,584 SqFt
  • 0.21 Acres

Situated On Corner Lot In Nice Community. Central Location Near The Village In Meridian & Kleiner Park. Side Entry 3 Car Garage! Front Porch. Updated With Architectural Roof. Two Furnaces - One For House & One For Work Area In Garage. Full Vinyl Fencing & F...

Idaho MLS Homes Of Idaho
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6035 S Dolomite Ave, Boise $240,000

  • 4 Beds
  • 2.5 Baths
  • 2,274 SqFt
  • 0.16 Acres

Custom Built Family Home Complete With Oversized Garage And Rv Parking For All Your Toys And Spacious Kitchen With Sparkle And Lots Of Storage. Warmth Abounds From The Time You Set Foot In The Door. Walnut Hardwood Floors Greet You In The Ample Entry And ...

Idaho MLS Keller Williams Realty Boise
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boise-depot-11_400The numbers of “short sale” Boise properties are increasing, offering you an option to clinch a great deal. While a short sale offers you an avenue to buy a property at an amazing price, it is fraught with risks. Before you sign that purchase agreement, consider the following issues:

Is there More than one Lender with interest on the Property?
If the property is charged to more than one lender, the whole home-buying process will be more complicated. This is because all parties must agree to the conditions and terms laid down in the short sale. Normally, the second lender will want to profit from the proceedings of the transaction. This is addressed by the first lender who will pay a token to get this second lender to agree. The seller of the home will be required by the lender to sign a promissory note or an agreement to pay the difference resulting from the amount owed and the proceeds from the disposal of this property. If the parties involved fail to agree, the whole process may be hampered; hence setting into motion the foreclosure process. However, the second lender can shield his losses by serving the seller with a deficiency judgment.

The Previous Experience of the Agent with regard to Short Sales
It is hard to carry out a short sale even in the best of situations. This process is demanding and therefore you should check whether the persons assisting in the transactions have the necessary experience. If the real estate agent assisting the seller to dispose the property doesn’t have past experience dealing in short sales, they may not have an idea of where to start. For example, they may not be familiar with the procedures of making the bank approve the short sale.

The Bankruptcy Position of the Seller
If the seller files for bankruptcy, the whole short sale transaction will be put on hold pending the outcome of the court decision on the bankruptcy. This process can sometimes drag on for months and sometimes take a year to finish. The court may attach the property, or even lead to a foreclosure. The best thing to do as a buyer is to ask the seller whether he is considering filing for bankruptcy. If he states that his intention is to do so, look elsewhere.
boise-home-5_400

File Documents with the Lender
Once you have agreed with the seller to purchase the property, submit your offer to the lender for approval. Until the lender agrees, you don’t have a deal. At the same time, furnish the lender with a copy of your deposit. Don’t be surprised to receive a request from the lender asking you to increase the earnest money deposit.

 

 

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Contact The Hughes Real Estate Group for more information or to view Idaho homes: (208) 571-7145. 

Idaho MLSIDX 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 October 1st, 2016 at 6:37am MDT.