Lake Tahoe Short Sales, Tahoe Short Sales, Foreclosures, Short Sales Offered by CENTURY 21 Tahoe North Realtors ®

What is a Short Sale?

A short sale occurs when a lender allows a homeowner in default to sell a house for less than the total value of the loan. Sometimes homeowners can negotiate with lenders and have them split the difference between the sale price and the loan amount, which still must be paid.

A short sale may be complicated if the loan has been sold to the secondary market because then the lender will have to get permission Fannie May, Freddie Mac or whomever their principal lender is.

If the loan was a low-down-payment mortgage with private mortgage insurance, then the lender must also involve the mortgage company that insured the loan.

 

Current Short Sales offered by Kelly Smith:


10101 Kudu Court, A
Truckee, CA 96161

$419,000
Built just three years ago this beautiful mountain townhome is priced to sell quick. Don't miss this bright and warm Riverview townhome short sale opportunity.
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  • 3 Bedrooms
  • 2.5 Bathrooms
  • 2-Car Garage
  • 1,871 Square Feet
  • Nevada County
  • MLS # 2801218


13411 Red Dog Road
Nevada City, CA
95959
Now $399,900!
This home is in foreclosure and as such is being sold for $100,000 less than the $500,000 mortgage which had been previously carried by the homeowner.

Master bedroom with sliding door leading to private deck.Tiled bath complimented by elegant hardwood flooring! Both bathrooms feature updated tile and plumbing fixtures. Oversized windows allow ample sunlight into the living area.

  • 3 Bedrooms
  • 2 Bathrooms
  • Front Deck
  • 1984 Square Feet
  • Nevada County
  • MLS # 2603361

 

 

2042 Hidatsa Circle,
South Lake Tahoe, CA
96150
Now $516,900!
Very well maintained house backing to forest service property. What a setting! Cute and clean with over 2000 sq. ft. of living space. Easy access to and from this home. Large open vaulted pine ceiling, tile baths, wood flooring and much more.

2 car garage, custom stonework and plenty of space for a family. Upstairs side deck for a BBQ or just a view. Property backs to forest with picnic table retaining walls already in place. Hardwood floors throughout the house, double pane windows and recent paint. Custom countertops and tile bathroom make this a steal!

  • 4 Bedrooms
  • 2 Bathrooms
  • 2 Car Garage
  • 2000+ Square feet
  • APN # 034-665-11
  • MLS # 2702719