Glendale Foreclosures

Contents

Search Glendale Foreclosures for sale on the MLS. View recent sales and find homes for sale in Glendale which allow for a 50% commission credit.

Glendale Foreclosures

If you’re looking to purchase a Glendale home for sale at a bargain price, foreclosures can often be a great opportunity for experienced investors. If a homeowner defaulted on their mortgage and is unable to pay off their debt before their home auction date, the property will revert back to the lender through the Glendale foreclosure process. Once a home has been foreclosed on, it will either be sold off in bulk by the bank or listed with an agent who will add to the MLS. Prior to entering into the MLS, it is often only possible to purchase a foreclosure if you have cash. However, once the property comes on the market through the Glendale MLS, there is typically preference within the first 2 weeks to FHA or other government-backed mortgages; if the prior loan foreclosed on was a government-backed mortgage.

Foreclosures in Glendale by Zip Code

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Hottest Foreclosures Listings in Glendale


Pending
  • Located in Glendale
  • Built in 1935
  • MLS #: WS24014104
  • 3 Bedrooms
  • 2 Baths
  • 1,300 SqFt
More details Listing by JASON WEI, RE/MAX PREMIER/ARCADIA

Active
  • Located in Glendale
  • Built in 1941
  • MLS #: WS24069742
  • 2 Bedrooms
  • 1 Bath
  • 765 SqFt
More details Listing by TRAI HO, REAL ESTATE EBROKER INC.

Active
  • Located in Glendale
  • Built in 1970
  • MLS #: GD24074624
  • 2 Bedrooms
  • 2 Baths
  • 1,095 SqFt
More details Listing by Talin Hovsepian, The Agency - Studio City

Active
  • Located in Glendale
  • Built in 1998
  • MLS #: BB24075628
  • 2 Bedrooms
  • 2 Baths
  • 1,284 SqFt
More details Listing by Brett Howard, Howard Realty Group

Active
  • Located in Glendale
  • Built in 1928
  • MLS #: AR24059372
  • 3 Bedrooms
  • 2 Baths
  • 1,124 SqFt
More details Listing by Nathalie Abdoyan, Berkshire Hathaway Golden Prop

Active
  • Located in Glendale
  • Built in 1951
  • MLS #: GD24047008
  • 4 Bedrooms
  • 5 Baths
  • 3,383 SqFt
More details Listing by Edwin Ordubegian, Coldwell Banker Hallmark

Active
  • Located in Glendale
  • Built in 1982
  • MLS #: P1-17174
  • 4 Bedrooms
  • 3 Baths
  • 2,932 SqFt
More details Listing by Brent Ballard, eXp Realty of Greater Los Angeles

Pending
  • Located in Glendale
  • Built in 1941
  • MLS #: 24376369
  • 2 Bedrooms
  • 2 Baths
  • 1,785 SqFt
More details Listing by Shannon Fenton, Compass

Pending
  • Located in Glendale
  • Built in 1974
  • MLS #: SB24044546
  • 2 Bedrooms
  • 2 Baths
  • 947 SqFt
More details Listing by Cheryl Brandin, Keller Williams Beach Cities

Active
  • Located in Glendale
  • Built in 1966
  • MLS #: SR24072335
  • 3 Bedrooms
  • 2 Baths
  • 2,072 SqFt
More details Listing by Michelle Orrego, Berkshire Hathaway HomeServices California Properties

Active
  • Located in Glendale
  • Built in 1959
  • MLS #: AR24026244
  • 4 Bedrooms
  • 2 Baths
  • 1,636 SqFt
More details Listing by Judy Skiff, Compass

Active
  • Located in Glendale
  • Built in 1947
  • MLS #: OC24064494
  • 3 Bedrooms
  • 3 Baths
  • 2,180 SqFt
More details Listing by Viviana Kim, Major League Properties

Active
  • Located in Glendale
  • Built in 1976
  • MLS #: GD24070650
  • 1 Bedrooms
  • 2 Baths
  • 1,170 SqFt
More details Listing by Armine Juraghatspanyan, Keller Williams R. E. Services

Pending
  • Located in Glendale
  • Built in 1974
  • MLS #: GD24055100
  • 2 Bedrooms
  • 2 Baths
  • 1,090 SqFt
More details Listing by Jerry Armen, Team Rock Properties

Active
  • Located in Glendale
  • Built in 1955
  • MLS #: GD24075675
  • 3 Bedrooms
  • 2 Baths
  • 1,341 SqFt
More details Listing by Alvart Alagulyan, JohnHart Real Estate

Pending
  • Located in Glendale
  • Built in 1925
  • MLS #: 24376337
  • 3 Bedrooms
  • 2 Baths
  • 1,379 SqFt
More details Listing by Jerry Hsieh, Keller Williams Realty Los Feliz

Active
  • Located in Glendale
  • Built in 1924
  • MLS #: BB24042630
  • 3 Bedrooms
  • 2 Baths
  • 1,936 SqFt
More details Listing by Gail Gallant, Myunits.com Inc.

Pending
  • Located in Glendale
  • Built in 1939
  • MLS #: BB24062983
  • 3 Bedrooms
  • 2 Baths
  • 1,649 SqFt
More details Listing by Sarkis Kalinyan, Coldwell Banker Hallmark Realty

Active
  • Located in Glendale
  • Built in 1975
  • MLS #: GD24058429
  • 2 Bedrooms
  • 2 Baths
  • 959 SqFt
More details Listing by Arin Grigorian, Keller Williams R. E. Services

Active
  • Located in Glendale
  • Built in 1956
  • MLS #: GD24075486
  • 3 Bedrooms
  • 2 Baths
  • 1,567 SqFt
More details Listing by Jerry Armen, Team Rock Properties

Active
  • Located in Glendale
  • Built in 2008
  • MLS #: GD24075711
  • 3 Bedrooms
  • 3 Baths
  • 1,841 SqFt
More details Listing by Daniel Mailyan, Re/Max Tri-City Realty

Active
  • Located in Glendale
  • Built in 2008
  • MLS #: PF24075199
  • 2 Bedrooms
  • 3 Baths
  • 1,839 SqFt
More details Listing by Sebastian Kouladjian, Tunity Real Estate, Inc

Active
  • Located in Glendale
  • Built in 1955
  • MLS #: GD24072434
  • 3 Bedrooms
  • 2 Baths
  • 2,192 SqFt
More details Listing by Robert Schad, Keller Williams R. E. Services

Active
  • Located in Glendale
  • Built in 1922
  • MLS #: AR24012645
  • 2 Bedrooms
  • 2 Baths
  • 1,136 SqFt
More details Listing by Marjorie Diaz, eXp Realty of California Inc

Active
  • Located in Glendale
  • Built in 1957
  • MLS #: P1-17251
  • 3 Bedrooms
  • 4 Baths
  • 2,832 SqFt
More details Listing by John Hickey, Engel & Voelkers La Canada

Active
  • Located in Glendale
  • Built in 1965
  • MLS #: 24377543
  • 3 Bedrooms
  • 4 Baths
  • 3,426 SqFt
More details Listing by Gabriel Volodarsky, Keller Williams Beverly Hills

Pending
  • Located in Glendale
  • Built in 1962
  • MLS #: SB23198013
  • 2 Bedrooms
  • 2 Baths
  • 1,219 SqFt
More details Listing by John Beis, Century 21 Union Realty

Active
  • Located in Glendale
  • Built in 1928
  • MLS #: 24364117
  • 4 Bedrooms
  • 4 Baths
  • 2,942 SqFt
More details Listing by Kimberly B Turner, Nourmand & Associates-HW

Active
  • Located in Glendale
  • Built in 1926
  • MLS #: 24378275
  • 3 Bedrooms
  • 1 Bath
  • 1,028 SqFt
More details Listing by Sheena Sadaghiani, Compass

Active
  • Located in Glendale
  • Built in 1962
  • MLS #: 24376897
  • 3 Bedrooms
  • 2 Baths
  • 1,814 SqFt
More details Listing by Joshua Stein-Sapir, Keyes Real Estate

Active
  • Located in Glendale
  • Built in 1985
  • MLS #: P1-16748
  • 4 Bedrooms
  • 3 Baths
  • 3,171 SqFt
More details Listing by Lilian Isadzhanyan, The Agency

Pending
  • Located in Glendale
  • Built in 1955
  • MLS #: GD24057790
  • 3 Bedrooms
  • 3 Baths
  • 2,262 SqFt
More details Listing by Chris Cragnotti, G&C Properties

Pending
  • Located in Glendale
  • Built in 1922
  • MLS #: GD24047123
  • 3 Bedrooms
  • 2 Baths
  • 1,240 SqFt
More details Listing by Margi Simpkins, Coldwell Banker Hallmark

Active
  • Located in Glendale
  • Built in 1953
  • MLS #: GD24069111
  • 5 Bedrooms
  • 5 Baths
  • 5,469 SqFt
More details Listing by Artin Sarkissian, The Art In Real Estate

Active
  • Located in Glendale
  • Built in 1940
  • MLS #: P1-17133
  • 4 Bedrooms
  • 4 Baths
  • 4,553 SqFt
More details Listing by George Penner, COMPASS

Active
  • Located in Glendale
  • Built in 2007
  • MLS #: SR24051710
  • 3 Bedrooms
  • 3 Baths
  • 1,420 SqFt
More details Listing by Jo Ann Israel, eXp Realty of California Inc

Active
  • Located in Glendale
  • Built in 1986
  • MLS #: GD24060314
  • 1 Bedrooms
  • 1 Bath
  • 760 SqFt
More details Listing by Razmik Boghossian, JohnHart Real Estate

Pending
  • Located in Glendale
  • Built in 1932
  • MLS #: GD24066683
  • 3 Bedrooms
  • 2 Baths
  • 1,985 SqFt
More details Listing by Marlin Dginguerian, JohnHart Real Estate

Active
  • Located in Glendale
  • Built in 1983
  • MLS #: SR24073062
  • 3 Bedrooms
  • 3 Baths
  • 1,433 SqFt
More details Listing by Haik Bokhchalian, JohnHart Real Estate

Pending
  • Located in Glendale
  • Built in 1957
  • MLS #: OC24037379
  • 4 Bedrooms
  • 6 Baths
  • 4,745 SqFt
More details Listing by Gina Strane, Coldwell Banker Realty

Active
  • Located in Glendale
  • Built in 1991
  • MLS #: GD24070221
  • 3 Bedrooms
  • 3 Baths
  • 1,972 SqFt
More details Listing by Nick & Mike Nick And Mike, Keller Williams R. E. Services

Pending
  • Located in Glendale
  • Built in 1956
  • MLS #: GD24022175
  • 4 Bedrooms
  • 3 Baths
  • 3,065 SqFt
More details Listing by Kathy Lefkovits, Keller Williams R. E. Services

Active
  • Located in Glendale
  • Built in 1924
  • MLS #: 23324439
  • 4 Bedrooms
  • 5 Baths
  • 2,475 SqFt
More details Listing by Emily Sinclair, ACME Real Estate

Pending
  • Located in Glendale
  • Built in 1947
  • MLS #: GD24034385
  • 3 Bedrooms
  • 4 Baths
  • 1,608 SqFt
More details Listing by Daniel Mailyan, Re/Max Tri-City Realty

Active
  • Located in Glendale
  • Built in 1935
  • MLS #: P1-16936
  • 2 Bedrooms
  • 3 Baths
  • 1,712 SqFt
More details Listing by Michelle Chavoor, COMPASS

Active
  • Located in Glendale
  • Built in 1913
  • MLS #: P1-17128
  • 4 Bedrooms
  • 5 Baths
  • 3,062 SqFt
More details Listing by Christine Navarro, COMPASS

Active
  • Located in Glendale
  • Built in 1968
  • MLS #: SR24066109
  • 3 Bedrooms
  • 3 Baths
  • 2,587 SqFt
More details Listing by Nicholas Antonian, Lancelot Commercial/Industrial Brokerage

Active
  • Located in Glendale
  • Built in 1948
  • MLS #: BB24068986
  • 3 Bedrooms
  • 1 Bath
  • 1,125 SqFt
More details Listing by Bradley Korb, Brad Korb Real Estate Group

Active
  • Located in Glendale
  • Built in 1926
  • MLS #: BB24066270
  • 2 Bedrooms
  • 2 Baths
  • 1,446 SqFt
More details Listing by Anita Richards, Redfin Corporation

Active
  • Located in Glendale
  • Built in 1923
  • MLS #: PW24042708
  • 2 Bedrooms
  • 1 Bath
  • 726 SqFt
More details Listing by Alyssa Barajas, Keller Williams Realty

Active
  • Located in Glendale
  • Built in 1988
  • MLS #: GD24008866
  • 3 Bedrooms
  • 3 Baths
  • 2,274 SqFt
More details Listing by Alvart Alagulyan, JohnHart Real Estate

Active
  • Located in Glendale
  • Built in 1980
  • MLS #: SR24056784
  • 3 Bedrooms
  • 3 Baths
  • 1,495 SqFt
More details Listing by Roxy Ayala, Compass

Active
  • Located in Glendale
  • Built in 1977
  • MLS #: GD24064380
  • 2 Bedrooms
  • 2 Baths
  • 890 SqFt
More details Listing by Albert Davoudi, Davoudi Properties

Active
  • Located in Glendale
  • Built in 1973
  • MLS #: SR24014965
  • 2 Bedrooms
  • 2 Baths
  • 938 SqFt
More details Listing by Monica Vacas, RE/MAX One

Active
  • Located in Glendale
  • Built in 1924
  • MLS #: GD24053825
  • 2 Bedrooms
  • 2 Baths
  • 1,043 SqFt
More details Listing by Vartan Markarian, Markarian Realty

Active
  • Located in Glendale
  • Built in 1950
  • MLS #: 24377513
  • 2 Bedrooms
  • 2 Baths
  • 1,392 SqFt
More details Listing by Brody Davis, Berkshire Hathaway HomeServices California Properties

Pending
  • Located in Glendale
  • Built in 1938
  • MLS #: GD24065281
  • 2 Bedrooms
  • 2 Baths
  • 1,618 SqFt
More details Listing by Margi Simpkins, Coldwell Banker Hallmark

Active
  • Located in Glendale
  • Built in 1926
  • MLS #: 24367523
  • 4 Bedrooms
  • 4 Baths
  • 1,835 SqFt
More details Listing by Camilla Granasen, Compass

Active
  • Located in Glendale
  • Built in 1989
  • MLS #: 24378861
  • 1 Bedrooms
  • 1 Bath
  • 779 SqFt
More details Listing by John Abreu, Berkshire Hathaway HomeServices California Properties

Active
  • Located in Glendale
  • Built in 1901
  • MLS #: 24376308
  • 4 Bedrooms
  • 3 Baths
  • 1,764 SqFt
More details Listing by Joanna Suhl, Compass

Active
  • Located in Glendale
  • Built in 1994
  • MLS #: P1-16929
  • 2 Bedrooms
  • 3 Baths
  • 1,118 SqFt
More details Listing by Souzi Melkonian, Keller Williams Real Estate Services

Active
  • Located in Glendale
  • Built in 1946
  • MLS #: GD24017547
  • 3 Bedrooms
  • 2 Baths
  • 1,231 SqFt
More details Listing by Vartan Markarian, Markarian Realty

Pending
  • Located in Glendale
  • Built in 1929
  • MLS #: SR24046728
  • 4 Bedrooms
  • 3 Baths
  • 2,558 SqFt
More details Listing by Stephanie Vitacco, Equity Union

Pending
  • Located in Glendale
  • Built in 1956
  • MLS #: P1-16990
  • 2 Bedrooms
  • 1 Bath
  • 892 SqFt
More details Listing by Angela Bono, The Agency

Active
  • Located in Glendale
  • Built in 1991
  • MLS #: RS24063548
  • 2 Bedrooms
  • 3 Baths
  • 924 SqFt
More details Listing by Hector Perez, Coldwell Banker Alliance

Pending
  • Located in Glendale
  • Built in 1981
  • MLS #: GD24047674
  • 2 Bedrooms
  • 2 Baths
  • 1,278 SqFt
More details Listing by Armen Avedian, Coldwell Banker Hallmark

Pending
  • Located in Glendale
  • Built in 1935
  • MLS #: 24361005
  • 3 Bedrooms
  • 2 Baths
  • 1,804 SqFt
More details Listing by David Robles, eXp Realty of California Inc

Pending
  • Located in Glendale
  • Built in 1924
  • MLS #: GD24044288
  • 2 Bedrooms
  • 2 Baths
  • 896 SqFt
More details Listing by Pakrad Markarian, Remax Optima

Pending
  • Located in Glendale
  • Built in 1988
  • MLS #: P1-16862
  • 2 Bedrooms
  • 2 Baths
  • 871 SqFt
More details Listing by Brandon Road, Sotheby's International Realty, Inc.

Active
  • Located in Glendale
  • Built in 1938
  • MLS #: P1-16917
  • 3 Bedrooms
  • 3 Baths
  • 1,875 SqFt
More details Listing by Suzanne Edwards, Berkshire Hathaway HomeServices California Properties

Active
  • Located in Glendale
  • Built in 1938
  • MLS #: GD24012520
  • 4 Bedrooms
  • 5 Baths
  • 3,340 SqFt
More details Listing by Tadeh Bazik, Americana Real Estate Services

Active
  • Located in Glendale
  • Built in 1984
  • MLS #: AR24010229
  • 2 Bedrooms
  • 2 Baths
  • 1,064 SqFt
More details Listing by Tracy Qiao, Kingston Realty

Active
  • Located in Glendale
  • Built in 1981
  • MLS #: GD24014271
  • 2 Bedrooms
  • 2 Baths
  • 1,291 SqFt
More details Listing by Alex Matevosian, MIG Commercial Real Estate Ser

Pending
  • Located in Glendale
  • Built in 1925
  • MLS #: GD24064712
  • 2 Bedrooms
  • 1 Bath
  • 950 SqFt
More details Listing by Katherine Boghossian, Engel & Volkers Glendale

Active
  • Located in Glendale
  • Built in 1978
  • MLS #: GD24052951
  • 2 Bedrooms
  • 2 Baths
  • 981 SqFt
More details Listing by Annie Boghossian, FIV REALTY CO

Active
  • Located in Glendale
  • Built in 1940
  • MLS #: SW24062737
  • 3 Bedrooms
  • 2 Baths
  • 956 SqFt
More details Listing by David Marquez, Allison James Estates & Homes

Pending
  • Located in Glendale
  • Built in 1978
  • MLS #: P1-16853
  • 4 Bedrooms
  • 3 Baths
  • 2,580 SqFt
More details Listing by Helen Whang, Keller Williams Real Estate Services

Active
  • Located in Glendale
  • Built in 1932
  • MLS #: GD24036845
  • 6 Bedrooms
  • 6 Baths
  • 5,812 SqFt
More details Listing by Leanne Reynolds, eXp Realty of California Inc

Pending
  • Located in Glendale
  • Built in 1937
  • MLS #: GD24055413
  • 4 Bedrooms
  • 4 Baths
  • 2,400 SqFt
More details Listing by Margi Simpkins, Coldwell Banker Hallmark

Pending
  • Located in Glendale
  • Built in 1963
  • MLS #: GD24054192
  • 2 Bedrooms
  • 3 Baths
  • 1,424 SqFt
More details Listing by Ruben Shakhnazaryan, SHR Realty and Financial

Pending
  • Located in Glendale
  • Built in 1973
  • MLS #: GD24026689
  • 2 Bedrooms
  • 2 Baths
  • 1,106 SqFt
More details Listing by Levon Arzumanyan, The Agency - Studio City

Active
  • Located in Glendale
  • Built in 1961
  • MLS #: 24343323
  • 3 Bedrooms
  • 2 Baths
  • 2,093 SqFt
More details Listing by Gabriel Valdez, Opendoor Brokerage Inc.

Active
  • Located in Glendale
  • Built in 1979
  • MLS #: 24352135
  • 3 Bedrooms
  • 4 Baths
  • 3,075 SqFt
More details Listing by Tiffany Gatto, Smart LA Realty

Active
  • Located in Glendale
  • Built in 1974
  • MLS #: PF24057734
  • 2 Bedrooms
  • 2 Baths
  • 914 SqFt
More details Listing by Robert Giambalvo, Redfin Corporation

Active
  • Located in Glendale
  • Built in 2015
  • MLS #: 24359613
  • 2 Bedrooms
  • 2 Baths
  • 1,203 SqFt
More details Listing by Ellen Urman, Nelson Shelton Real Estate Era Powered

Pending
  • Located in Glendale
  • Built in 1962
  • MLS #: GD23147633
  • 2 Bedrooms
  • 2 Baths
  • 1,146 SqFt
More details Listing by Yeva Avetisyan, Luxury Home Real Estate

Active
  • Located in Glendale
  • Built in 1974
  • MLS #: SR24027196
  • 2 Bedrooms
  • 2 Baths
  • 1,541 SqFt
More details Listing by Mona Golastani, RE/MAX One

Pending
  • Located in Glendale
  • Built in 1975
  • MLS #: GD24031641
  • 2 Bedrooms
  • 2 Baths
  • 1,019 SqFt
More details Listing by Arbi Baghoomian, Americana Real Estate Services

Pending
  • Located in Glendale
  • Built in 1974
  • MLS #: 24366809
  • 2 Bedrooms
  • 2 Baths
  • 1,042 SqFt
More details Listing by Gregory Holmes, Coldwell Banker Realty

Active
  • Located in Glendale
  • Built in 1972
  • MLS #: AR24040613
  • 2 Bedrooms
  • 2 Baths
  • 1,036 SqFt
More details Listing by Tracy Qiao, Kingston Realty

Active
  • Located in Glendale
  • Built in 2023
  • MLS #: GD24013984
  • 4 Bedrooms
  • 5 Baths
  • 3,400 SqFt
More details Listing by Albert Babayan, JohnHart Real Estate

Active
  • Located in Glendale
  • Built in 1972
  • MLS #: GD23228934
  • 1 Bedrooms
  • 1 Bath
  • 853 SqFt
More details Listing by Silvia Hairapetian, JohnHart Real Estate

Active
  • Located in Glendale
  • Built in 1962
  • MLS #: GD24055049
  • 2 Bedrooms
  • 2 Baths
  • 1,016 SqFt
More details Listing by Saman Sabeti-Toussi, Americana Real Estate Services

Pending
  • Located in Glendale
  • Built in 2019
  • MLS #: PW23172069
  • 3 Bedrooms
  • 4 Baths
  • 1,931 SqFt
More details Listing by Tyler Kelley, Home Smart Realty Group

Active
  • Located in Glendale
  • Built in 2002
  • MLS #: GD24049624
  • 4 Bedrooms
  • 3 Baths
  • 2,964 SqFt
More details Listing by Arshak Mesropian, HDS Realty

Active
  • Located in Glendale
  • Built in 1925
  • MLS #: SR24035981
  • 3 Bedrooms
  • 1 Bath
  • 1,066 SqFt
More details Listing by Ramon Rascon, RE/MAX One

Active
  • Located in Glendale
  • Built in 1982
  • MLS #: CV24038084
  • 2 Bedrooms
  • 3 Baths
  • 1,346 SqFt
More details Listing by Tony Nelson, SYNERGY ONE REAL ESTATE

Active
  • Located in Glendale
  • Built in 1921
  • MLS #: GD23208899
  • 3 Bedrooms
  • 1 Bath
  • 1,040 SqFt
More details Listing by Don Valenciano, Pure Realty

Active
  • Located in Glendale
  • Built in 1984
  • MLS #: SR24000623
  • 10 Bedrooms
  • 2 Baths
  • 2,586 SqFt
More details Listing by Meroojohn Ordubegian, Westgate Capital

Pending
  • Located in Glendale
  • Built in 1911
  • MLS #: SR23203913
  • 3 Bedrooms
  • 2 Baths
  • 1,854 SqFt
More details Listing by Michelle Lucas, Coronado Realty

Active
  • Located in Glendale
  • Built in 1973
  • MLS #: 23267315
  • 2 Bedrooms
  • 2 Baths
  • 1,021 SqFt
More details Listing by Daniel Franco, Daniel A. Franco, SRES

Pending
  • Located in Glendale
  • Built in 1935
  • MLS #: 22198087
  • 3 Bedrooms
  • 3 Baths
  • 1,848 SqFt
More details Listing by Steve Awadalla, Intellectual Property

This information is believed to be accurate, but without any warranty.

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Glendale Home Values

Determining your Glendale home’s value is a 3 step process. A great way to begin is by checking your property value using our automated home valuation software. This free tool can help you determine what your home might sell for and even calculates estimated rental income it could generate by leasing out your property. To begin the process of determining your Homes value, start a free instant home valuation.

Glendale Short Sales

If a homeowner is having difficulty paying their mortgage and their Glendale home value has gone down below their mortgage amount, they may be considering a short sale. When a seller lists their Glendale home for sale as a short sale, they accept only one offer and submit it to their bank with a short sale package requesting mortgage debt relief. If their lender approves a short sale, they will inform the seller of the minimum net proceeds the bank will take in order to write off the sellers defaulted debt. It is often difficult to reduce the lenders’ short sale approval amount once the lender has made their decision. On loans with mortgage insurance, the lender’s losses are often covered by their insurance up to a certain amount. If a lender accepts a short sale they are likely to not receive a payout from their insurance, so knowing what coverage they have on a loan policy is key when requesting a short sale. If you’re interested in purchasing a Glendale home for sale that is listed as a short sale, know that it can be a lengthy process. Those that wait can often get a better deal than a foreclosure; since the bank only reviews 1 offer versus a foreclosure which may have multiple bids. However, a short sale could take months where a foreclosure sale can be sold within days.

Nearby Foreclosure Listings in Maricopa County

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