Greater Madison WI Real Estate Listings

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Office Location Jolenta Averill, Broker|Owner
Lake & City Homes Realty
301 E Sunset Court
Madison, WI 53705
Phone: (608) 628-9701
Fax: (608) 230-5554

Homes that fit your lifestyle!

Greater Madison WI 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.

Short Sale Listings in Greater Madison WI

Below are all the residential single-family homes and condominiums currently being marketed as short sales in Black Earth, Blue Mounds, Cambridge, Cottage Grove, Cross Plains, Deforest, Fitchburg, Madison, Mazomanie, McFarland, Middleton, Monona, Mount Horeb, Oregon, Stoughton, Sun Prairie, Verona, Waunakee, Westport, Windsor, Shorewood Hills,and Maple Bluff (note: some villages and municipalities listed may not have short sales at all times):

 

All Listings Under $100,000 $100,000 - $200,000
$200,000 - $300,000 $300,000 - $400,000 $400,000 - $500,000
$500,000 - $600,000 $600,000 - $700,000 $700,000 - $800,000
$800,000 - $900,000 $900,000 - $1,000,000 Over $1,000,000


121 Search Results Found. Showing Results 1 - 12.

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Traditional 2 story boasts amenities galore. Gorgeous custom staircase. Hdwds throughout main...

Price: $599,900
City: Middleton
Bedrooms: 4
Bathrooms: 4.5
Property Type: Single Family
MLS ID: 1549689
Walk Score™: 2
Office: RE/MAX Preferred

A well orchestrated blend of elegance and function. This recently built home was thoughtfully...

Price: $425,000
City: Sun Prairie
Bedrooms: 4
Bathrooms: 3.5
Property Type: Single Family
MLS ID: 1586876
Office: Collins Real Estate Group

Spacious 5 bedroom transitional in Westridge Estates. Formal dining plus beautiful kitchen...

Price: $399,900
City: Verona
Bedrooms: 5
Bathrooms: 3
Property Type: Single Family
MLS ID: 1582798
Walk Score™: 9
Office: Stark Company, REALTORS

Peaceful wooded setting on a country cul-de-sac accented w/professional landscaping. Open floor...

Price: $389,900
City: Fitchburg
Bedrooms: 3
Bathrooms: 4.5
Property Type: Single Family
MLS ID: 1582955
Walk Score™: 15
Office: First Weber Group Inc

This is a short sale. Carpeting allowance & 1 yr. Home Warranty. Lot backs up to beautiful,...

Price: $380,000
City: Verona
Bedrooms: 4
Bathrooms: 5.5
Property Type: Single Family
MLS ID: 1560106
Office: Kathleen Kane

Excellent value backing up to Blackhawk! Main level features 9' ceilings, oak hardwood floors,...

Price: $369,900
City: Madison
Bedrooms: 4
Bathrooms: 3.5
Property Type: Single Family
MLS ID: 1583156
Walk Score™: 11
Office: RE/MAX Preferred

Savannah Village-Exceptional attention detail in this very comfortable craftsman style home...

Price: $369,900
City: Waunakee
Bedrooms: 4
Bathrooms: 2
Property Type: Single Family
MLS ID: 1585725
Walk Score™: 11
Office: RE/MAX Preferred

Beautiful home on cul-de-sac in gorgeous wooded setting w/ large eat-in kitchen, island, lighted...

Price: $349,900
City: Fitchburg
Bedrooms: 4
Bathrooms: 3.5
Property Type: Single Family
MLS ID: 1576149
Walk Score™: 40
Office: The Kruse Company REALTORS

WALK IN & SAY WOW! GORGEOUS 2 STORY HOME BACKING TO CONSERVANCY! 4 BEDRMS, 1ST FLOOR OFFICE...

Price: $349,000
City: Waunakee
Bedrooms: 4
Bathrooms: 3.5
Property Type: Single Family
MLS ID: 1581599
Walk Score™: 60
Office: RE/MAX Preferred

Provocative contemporary! Dramatic open staircase, upgraded gourmet kitchen, Levelor top down/bottom...

Price: $348,000
City: Verona
Bedrooms: 4
Bathrooms: 3.5
Property Type: Single Family
MLS ID: 1566450
Walk Score™: 18
Office: Restaino & Associates

Enjoy life in the country on this 25 acre farmette in rural Sun Prairie, just 20 minutes from...

Price: $309,900
City: Sun Prairie
Bedrooms: 5
Bathrooms: 2
Property Type: Single Family
MLS ID: 1576797
Office: Keller Williams Realty

Beautiful home with a ton of potential. Take advantage of this short-sale property and make...

Price: $280,000
City: Sun Prairie
Bedrooms: 5
Bathrooms: 4
Property Type: Single Family
MLS ID: 1559369
Walk Score™: 28
Office: Stark Company, REALTORS
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Greater Madison WI repossessed property search

Can't find what you're looking for? Try our Greater Madison REOs and bank-owned properties page or call 608.230.5553 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 608.230.5553 or fill out our request a CMA form.

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