A short sale is when a Seller owes more on the property than the current value of the home. (Otherwise known as “upside down”) Any offers received from a buyer that are accepted by a Seller are then “Subject to Lenders Approval”.
A foreclosure (also known as “Bank Owned” or “REO”) is a property that has gone back to the bank. It is important for a Buyer to know that unlike “short sales” or “traditional sales” the bank does not have to provide “Seller” disclosures because they have never lived in the property and are TDS exempt.
Avg. Sales Price: $1,349,577
Avg. Days on Market: 97
Free Market Alerts 
