Short sale refers to a sale where the owner of the home needs to sell, but owes more than their home is worth. In other words, the balance on their mortgage plus the cost to sell is more than the buyer's in the current market are willing to pay.

Before the owner can sell their home, they must obtain permission from the bank or banks that have liens on the property. Many circumstances cause the seller to be in this situation, i.e. job loss, job transfer, death in the family, health issues, etc. In general, the homeowners are in a predicament that cannot be resolved easily.

Quick Facts

Long Process that can take many months.
Expect delays and no responses.
No guarantees.

If Buying....

Lower average sale price.
Condition of the home may be worse as the owners may have had to defer maintenance.
"Hurry up and wait!" will be your motto.

If Selling...

Avoid foreclosure.
Credit is affected less.
Relief from monthly payments.
Relief from pending maintenance.

Snohomish County Short Sale Homes

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MLS#: 313917

Edgewater

$1,800,000

3615 Shore Ave Everett, WA 98203

Property Type:

Residential

Bedrooms:

Bathrooms:

6.0

SQFT:

9,347

Year Built:

2000

View:

Yes

Active - Short Sale

#1 of 1001

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MLS#: 220231

Woodway

$1,225,000

21801 Nootka Rd Woodway, WA 98020

Property Type:

Residential

Bedrooms:

Bathrooms:

3.25

SQFT:

7,530

Year Built:

2008

View:

Yes

Pending - Short Sale

#2 of 1001

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MLS#: 251916

Meadowdale

$969,000

17122 69th Place W Edmonds, WA 98026

Property Type:

Residential

Bedrooms:

Bathrooms:

3.5

SQFT:

3,936

Year Built:

2007

View:

Yes

Active - Short Sale

#3 of 1001

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MLS#: 258137

Picnic Point

$898,000

12522 Marine View Dr Edmonds, WA 98026

Property Type:

Residential

Bedrooms:

Bathrooms:

2.5

SQFT:

2,920

Year Built:

1959

View:

Yes

Pending Inspection - Short Sale

#4 of 1001

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MLS#: 268282

Frontier Air Park

$800,000

12829 123 Ave NE Lake Stevens, WA 98258

Property Type:

Residential

Bedrooms:

Bathrooms:

4.0

SQFT:

3,715

Year Built:

1998

View:

Yes

Virtual Tour:

Yes

Active - Short Sale

#5 of 1001

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MLS#: 254525

Woodway Park

$799,000

11500 S Dogwood Lane Woodway, WA 98020

Property Type:

Residential

Bedrooms:

Bathrooms:

2.25

SQFT:

2,496

Year Built:

1953

View:

Yes

Active - Short Sale

#6 of 1001

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MLS#: 299572

Clearview

$796,500

13621 Broadway Ave Snohomish, WA 98296

Property Type:

Residential

Bedrooms:

Bathrooms:

4.25

SQFT:

6,200

Year Built:

2001

View:

Yes

Active - Short Sale

#7 of 1001

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MLS#: 262512

Three Lakes

$795,000

5105 Panther Lake Rd Snohomish, WA 98290

Property Type:

Residential

Bedrooms:

Bathrooms:

3.5

SQFT:

3,946

Year Built:

2005

Waterfront:

Yes

View:

Yes

Pending - Short Sale

#8 of 1001

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MLS#: 277021

Everett

$795,000

4841 Glenwood Ave Everett, WA 98203

Property Type:

Residential

Bedrooms:

Bathrooms:

4.0

SQFT:

5,111

Year Built:

2007

View:

Yes

Active - Short Sale

#9 of 1001

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MLS#: 312267

Snohomish

$795,000

17919 Fales Rd Snohomish, WA 98296

Property Type:

Residential

Bedrooms:

Bathrooms:

3.25

SQFT:

3,350

Year Built:

1978

View:

Yes

Virtual Tour:

Yes

Active - Short Sale

#10 of 1001

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Windermere Real Estate/Lake Stevens Inc :: 9327-4th St. NE, Suite #3 Lake Stevens, WA 98258 :: Office Phone: 425-335-4666 :: Agent Fax: 206-202-0159