Madison short sales
In real estate, a “short sale” is a situation in which the mortgage holder (the bank) is going to be “short” money after the home is sold. This is either because the seller owes more on his or her mortgage than the property is worth or because the homeowner is behind on payments. Note that short sales require the approval of the mortgage holder which takes time (usually 30-60 days but sometimes much longer) and are almost always "as is" sales. As a result, many homes marketed as short sales will not qualify for FHA financing due to stringent new appraisal rules and other property conditions typically flagged by the FHA.
Below is an up-to-date list of all the single-family homes being marketed as short sales in the Madison area.
| All Listings | Under $100,000 | $100,000 - $200,000 |
| $200,000 - $300,000 | $300,000 - $400,000 | $400,000 - $500,000 |
Stunning Custom Built Craftsman Home On Large L...
- Price:
- $450,000
- City:
- Middleton
- Beds:
- 4
- Baths:
- 4
- Type:
- Single Family
- MLS® #:
- 1645314
- Walk Score™:
- 9
- Provider:
- Century 21 Affiliated
Stunning Custom Built Craftsman Home On Large Lot Just Outside Middleton! Hardwood Floors, Huge K...
Well Built Ranch Style Home Facing South With P...
- Price:
- $409,900
- City:
- Black Earth
- Beds:
- 3
- Baths:
- 2
- Type:
- Single Family
- MLS® #:
- 1644816
- Walk Score™:
- 12
- Provider:
- United Country-bender & Assoc
Well Built Ranch Style Home Facing South With Passive Solar Windows, Hickory Floors On Main Level...
Don't Miss This Outstanding Value On Newer Town...
- Price:
- $364,900
- City:
- Middleton
- Beds:
- 4
- Baths:
- 4
- Type:
- Single Family
- MLS® #:
- 1637960
- Walk Score™:
- 17
- Provider:
- First Weber Group Inc
Don't Miss This Outstanding Value On Newer Town Of Middleton Home. Tiled Foyer Is Adjacent To Th...
Builders Spec Home That Never Sold Is Now Bank ...
- Price:
- $349,900
- City:
- Oregon
- Beds:
- 4
- Baths:
- 4
- Type:
- Single Family
- MLS® #:
- 1642977
- Walk Score™:
- 12
- Provider:
- Restaino & Assoc
Builders Spec Home That Never Sold Is Now Bank Owned & Priced $75k Under Assessed Value. Nestled...
Spacious, All Brick Ranch. Almost Every Room H...
- Price:
- $340,000
- City:
- Madison
- Beds:
- 6
- Baths:
- 4
- Type:
- Single Family
- MLS® #:
- 1644869
- Walk Score™:
- 52
- Provider:
- Century 21 Affiliated
Spacious, All Brick Ranch. Almost Every Room Has Built-in Closets & Bookcases Or Dressers. The ...
Freshly Painted And All New Carpet Throughout. ...
- Price:
- $339,900
- City:
- Verona
- Beds:
- 5
- Baths:
- 5
- Type:
- Single Family
- MLS® #:
- 1642778
- Walk Score™:
- 31
- Provider:
- Re/max Preferred
Freshly Painted And All New Carpet Throughout. Freddie Mac 1st Look Initiative (no Investor Off...
Serenity Now! 4097 Sqft Well Built Custom Home ...
- Price:
- $330,000
- City:
- Cottage Grove
- Beds:
- 5
- Baths:
- 3
- Type:
- Single Family
- MLS® #:
- 1645433
- Walk Score™:
- 26
- Provider:
- Prudential Community Realty
Serenity Now! 4097 Sqft Well Built Custom Home Sitting On 1 Acre Wooded Lot Priced To Move, Asses...
Builders Spec Home That Never Sold, Now Bank Ow...
- Price:
- $299,900
- City:
- Deforest
- Beds:
- 3
- Baths:
- 3
- Type:
- Single Family
- MLS® #:
- 1641023
- Walk Score™:
- 8
- Provider:
- Restaino & Assoc
Builders Spec Home That Never Sold, Now Bank Owned Priced $68,000 Under Assessed Value. Conserva...
Great Location! Located In The Heart Of The Ne...
- Price:
- $290,000
- City:
- Madison
- Beds:
- 4
- Baths:
- 2
- Type:
- Single Family
- MLS® #:
- 1639247
- Walk Score™:
- 83
- Provider:
- The Alvarado Group, Inc
Great Location! Located In The Heart Of The Near East Across From The Yahara River, Near Lake Mo...
Great Value In This Newer Contemporary Home On ...
- Price:
- $275,000
- City:
- Cross Plains
- Beds:
- 5
- Baths:
- 4
- Type:
- Single Family
- MLS® #:
- 1642507
- Walk Score™:
- 28
- Provider:
- Century 21 Affiliated Roessler
Great Value In This Newer Contemporary Home On Large Site With A Wooded Backdrop. Multiple Level...
Lovely Newer Home In One Of Madison's Premier E...
- Price:
- $259,000
- City:
- Madison
- Beds:
- 4
- Baths:
- 3
- Type:
- Single Family
- MLS® #:
- 1642881
- Walk Score™:
- 17
- Provider:
- Century 21 Affiliated
Lovely Newer Home In One Of Madison's Premier East Side Neighborhoods. Open Floor Plan, Fantastic...
Own Your Little Bit Of Country With This 24 Ac...
- Price:
- $244,900
- City:
- Sun Prairie
- Beds:
- 5
- Baths:
- 2
- Type:
- Single Family
- MLS® #:
- 1643698
- Walk Score™:
- 0
- Provider:
- First Weber Group Inc
Own Your Little Bit Of Country With This 24 Acre Farmette In Rural Sun Prairie Just 20 Minutes F...
More Madison short sales
Can't find what you're looking for? Try our Condo short sales page or call (563) BUY-SOLD (289-7653) for assistance. Alternatively, fill out the short contact form below and we'll be in touch to discuss.
Help for struggling Madison area home owners
If you find you're struggling to afford your mortgage, Lake & City Homes Realty will be happy to provide you with a free comparative market analysis (CMA). This document helps you and your lender determine the current market value of your home, making it easier for you to obtain a principal forbearance or short refinance or to proceed with a short sale. You can also use a CMA to determine whether you qualify for refinancing or to prove that you owe the bank more than your property is worth. Homeowners interested in cashing out their equity by listing and selling their property can benefit from a CMA as well. Contact Lake & City Homes for assistance, call 608.628.9701 or fill out our request a CMA form.
Bookmark Greater Madison WI short sales
Need more information? No question is too big or too small. Call us today at (563) BUY-SOLD (289-7653) or fill out the short form below and we'll be in touch.
DISCLAIMER: Information is supplied by seller and other third parties and has not been verified.The IDX information being provided is 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.
Data provided by the South Central Wisconsin MLS as of 02/04/2012.
Copyright 2012 – (South Central Wisconsin MLS) – All Rights Reserved
