Virginia Short Sales

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

Virginia Short Sales

If a homeowner is having difficulty paying their mortgage and their Virginia home value has gone down below their mortgage amount, they may be considering a short sale. When a seller lists their Virginia 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 Virginia 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.

Short Sales in Virginia by County

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Hottest Short Sale Listings in Virginia


Active
  • Located in San Marino
  • Built in 1951
  • MLS #: AR24093525
  • 5 Bedrooms
  • 4 Baths
  • 2,743 SqFt
More details Listing by Fay Xu, Universal Elite Inc.

Active
  • Located in San Marino
  • Built in 1928
  • MLS #: WS24083882
  • 4 Bedrooms
  • 4 Baths
  • 4,160 SqFt
More details Listing by MINGSHENG AN, SOTHEBY'S INTERNATIONAL REALTY

Active
  • Located in Long Beach
  • Built in 1950
  • MLS #: PW24076880
  • 4 Bedrooms
  • 4 Baths
  • 3,126 SqFt
More details Listing by Steven Nottingham, Keller Williams Pacific Estate

Active
  • Located in Palm Desert
  • Built in 1980
  • MLS #: 219106768DA
  • 2 Bedrooms
  • 2 Baths
  • 1,100 SqFt
More details Listing by Bryan Talley, eXp Realty Of Southern California Inc

Active
  • Located in Santa Paula
  • Built in 1924
  • MLS #: V1-22657
  • 3 Bedrooms
  • 2 Baths
  • 1,980 SqFt
More details Listing by Evan Remedios, RE/MAX Gold Coast REALTORS

Active
  • Located in Campbell
  • Built in 2007
  • MLS #: ML81962904
  • 5 Bedrooms
  • 4 Baths
  • 3,250 SqFt
More details Listing by David Lillo, DPL Real Estate

Active
  • Located in Sunnyvale
  • Built in 2008
  • MLS #: ML81958790
  • 3 Bedrooms
  • 3 Baths
  • 1,564 SqFt
More details Listing by Echo Wu, Maxreal

Active
  • Located in San Marino
  • Built in 1977
  • MLS #: OC24069350
  • 4 Bedrooms
  • 3 Baths
  • 3,341 SqFt
More details Listing by Lin Kenny, Alink Realty Group

Active
  • Located in South Gate
  • Built in 1959
  • MLS #: CV24100596
  • 8 Bedrooms
  • 4 Baths
  • 3,016 SqFt
More details Listing by Astrid Estrada, RE/MAX TIME REALTY

Active
  • Located in Lynwood
  • Built in 1926
  • MLS #: TR24099996
  • 3 Bedrooms
  • 2 Baths
  • 1,368 SqFt
More details Listing by Peter Aguilar, Re/Max Top Producers

Active
  • Located in South Gate
  • Built in 1924
  • MLS #: SW24103282
  • 9 Bedrooms
  • 6 Baths
  • 3,382 SqFt
More details Listing by Jessica Amariles, eXp Realty of Southern California, Inc.

Pending
  • Located in Barstow
  • Built in 1952
  • MLS #: HD24069095
  • 3 Bedrooms
  • 1 Bath
  • 1,216 SqFt
More details Listing by Ann Marie Hammond, Coldwell Banker Home Source

Active
  • Located in Costa Mesa
  • Built in 1958
  • MLS #: OC24072296
  • 5 Bedrooms
  • 4 Baths
  • 2,565 SqFt
More details Listing by Keven Stirdivant, KASE Real Estate, Inc.

Pending
  • Located in South Gate
  • Built in 1947
  • MLS #: SB24077976
  • 3 Bedrooms
  • 1 Bath
  • 1,101 SqFt
More details Listing by Venus Martinez, Redfin Corporation

Active
  • Located in Los Angeles
  • Built in 1924
  • MLS #: 24392661
  • 4 Bedrooms
  • 3 Baths
  • 2,608 SqFt
More details Listing by Nick Mercado, Sotheby's International Realty

Active
  • Located in San Marino
  • Built in 1929
  • MLS #: P1-17599
  • 7 Bedrooms
  • 7 Baths
  • 8,400 SqFt
More details Listing by Mark Jerusalem, Engel & Voelkers Pasadena

Pending
  • Located in Pomona
  • Built in 1951
  • MLS #: CV24085018
  • 3 Bedrooms
  • 2 Baths
  • 1,250 SqFt
More details Listing by Miguel Munoz, SO CAL REALTY & LOANS

Active
  • Located in La Habra
  • Built in 1951
  • MLS #: IV24079365
  • 3 Bedrooms
  • 1 Bath
  • 1,380 SqFt
More details Listing by JAVIER OBANDO, MONACO REALTY

Pending
  • Located in Los Angeles
  • Built in 1923
  • MLS #: 24381069
  • 3 Bedrooms
  • 2 Baths
  • 1,276 SqFt
More details Listing by Laura Moreno, Keller Williams Realty Los Feliz

Active
  • Located in Laguna Beach
  • Built in 1991
  • MLS #: PW23184976
  • 3 Bedrooms
  • 4 Baths
  • 2,384 SqFt
More details Listing by Laura Ortega, Laura Ortega, Broker

Pending
  • Located in Escondido
  • Built in 1959
  • MLS #: NDP2403797
  • 3 Bedrooms
  • 2 Baths
  • 1,282 SqFt
More details Listing by David Stout, eXp Realty of California, Inc

Active
  • Located in Long Beach
  • Built in 1941
  • MLS #: PW24059956
  • 4 Bedrooms
  • 6 Baths
  • 4,670 SqFt
More details Listing by Jeff Anderson, eXp Realty of California Inc

Pending
  • Located in Santa Ana
  • Built in 1961
  • MLS #: PW24039815
  • 3 Bedrooms
  • 2 Baths
  • 1,342 SqFt
More details Listing by Edgar Adame, RE/MAX New Dimension

Active
  • Located in San Diego
  • Built in 1954
  • MLS #: 240010211SD
  • 3 Bedrooms
  • 2 Baths
  • 1,259 SqFt
More details Listing by Nichole Quiroz, eXp Realty of California, Inc.

Active
  • Located in Los Angeles
  • Built in 1941
  • MLS #: IG24038988
  • 3 Bedrooms
  • 3 Baths
  • 1,914 SqFt
More details Listing by Brian Scaggs, eXp Realty of California Inc.

Active
  • Located in Lynwood
  • Built in 1944
  • MLS #: SR23227477
  • 5 Bedrooms
  • 3 Baths
  • 2,324 SqFt
More details Listing by Shelly Self, Re/Max All-Pro

Active
  • Located in Chico
  • Built in 1990
  • MLS #: SN23203445
  • 2 Bedrooms
  • 1 Bath
  • 936 SqFt
More details Listing by Sandi Bauman, Chico Homes

Active
  • Located in Lake Arrowhead
  • Built in 1928
  • MLS #: DW24087512
  • 1 Bedrooms
  • 1 Bath
  • 414 SqFt
More details Listing by Gustavo Lua, Century 21 Allstars

Active
  • Located in Laguna Beach
  • Built in 1979
  • MLS #: OC24086163
  • 4 Bedrooms
  • 3 Baths
  • 3,073 SqFt
More details Listing by Carter Kaufman, Compass

Pending
  • Located in Barstow
  • Built in 1951
  • MLS #: HD24069802
  • 2 Bedrooms
  • 1 Bath
  • 818 SqFt
More details Listing by Genevieve Eddy, Excellence Real Estate HD

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 29 Palms
  • Built in 1958
  • MLS #: JT24002957
  • 2 Bedrooms
  • 1 Bath
  • 1,074 SqFt
More details Listing by Thomas Murtagh, Cherie Miller & Associates

Active
  • Located in Long Beach
  • Built in 1941
  • MLS #: PW23148866
  • 3 Bedrooms
  • 6 Baths
  • 4,825 SqFt
More details Listing by Kevin Poi, RE/MAX College Park Realty

Active
  • Located in Barstow
  • Built in 1952
  • MLS #: IV24044101
  • 2 Bedrooms
  • 1 Bath
  • 1,072 SqFt
More details Listing by SERGIO GONZALEZ, EXCELLENCE RE REAL ESTATE

Active
  • Located in Los Angeles
  • Built in 1925
  • MLS #: PW23222355
  • 3 Bedrooms
  • 2 Baths
  • 1,164 SqFt
More details Listing by Sara Nunez, Ambiance Realty

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

Virginia Real Estate Listings

Search homes for sale in Virginia through our MLS powered real estate search. Find and compare homes, condos, and land for sale in Virginia. Visit open houses or schedule a tour online with one of our partner agents. When you’re ready to make an offer on a Virginia home, you’ll recieve a 50% commission credit when you submit your offer online with OfferDash®.

Open Houses in Virginia

If you’re in the market for a new home or just love staying current with what’s on the market, check out the list of Virginia open houses happening this weekend. We can help you plan a day to tour homes for sale that are having an open house. When browsing homes for sale in Virginia, just hit the save button and build your open house list of homes you want to tour. If you’re not finding any open house options on a property you want to tour, our local Partner Agents can schedule a private tour for you.

Making an Offer to Buy a Home in Virginia

We’ve automated the home buying and selling process in order to save thousands for buyers and sellers. Once you’ve found the Virginia home for sale that you want to buy, just enter the address in our offer submission form and we’ll automatically draft a legal offer within minutes. In return, you’ll receive a 50% commission credit back for closing costs.

Virginia Home Values

Determining your Virginia 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.

Virginia Foreclosures

If you’re looking to purchase a Virginia 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 Virginia 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 Virginia 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.

Virginia Short Sales by City

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