93312 Short Sales

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Search 93312 Short Sales for sale on the MLS. View recent sales and find homes for sale in Bakersfield which allow for a 50% commission credit.

Bakersfield 93312 Short Sales

If a homeowner is having difficulty paying their mortgage and their Bakersfield home value has gone down below their mortgage amount, they may be considering a short sale. When a seller lists their Bakersfield 93312 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 Bakersfield 93312 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.

Hottest Short Sale Listings in Bakersfield California 93312


Active
  • Located in Bakersfield
  • Built in 1999
  • MLS #: SR24242266
  • 4 Bedrooms
  • 2 Baths
  • 1,545 SqFt
More details Listing by Cameron Miller, United Real Estate Consultants

Pending
  • Located in Bakersfield
  • Built in 1993
  • MLS #: DW24189118
  • 3 Bedrooms
  • 2 Baths
  • 1,764 SqFt
More details Listing by Andrea Romero, Excellence Premier Real Estate

Active
  • Located in Bakersfield
  • Built in 2005
  • MLS #: NS24194229
  • 5 Bedrooms
  • 2 Baths
  • 2,065 SqFt
More details Listing by Belinda Estrada, Agentcor-Big Block Realty

Active
  • Located in Bakersfield
  • Built in 2006
  • MLS #: OC24229023
  • 3 Bedrooms
  • 2 Baths
  • 1,456 SqFt
More details Listing by Tri Tran, Keller Williams Coastal Proper

Pending
  • Located in Bakersfield
  • Built in 2006
  • MLS #: SC24235761
  • 4 Bedrooms
  • 3 Baths
  • 2,483 SqFt
More details Listing by Marvin Bush, Miramar International Calloway

Active
  • Located in Bakersfield
  • Built in 2000
  • MLS #: CV24210013
  • 5 Bedrooms
  • 3 Baths
  • 2,683 SqFt
More details Listing by Cynthia Figueroa, KELLER WILLIAMS REALTY COLLEGE PARK

Active
  • Located in Bakersfield
  • Built in 1994
  • MLS #: OC24187063
  • 4 Bedrooms
  • 2 Baths
  • 1,805 SqFt
More details Listing by John Holmes, Lawyers Realty Group

Active
  • Located in Bakersfield
  • Built in 2003
  • MLS #: NS24236626
  • 4 Bedrooms
  • 2 Baths
  • 1,887 SqFt
More details Listing by Francisco Martinez, Agentcor-Big Block Realty

Active
  • Located in Bakersfield
  • Built in 1999
  • MLS #: PI24238329
  • 4 Bedrooms
  • 2 Baths
  • 2,228 SqFt
More details Listing by Greg Ketchum, Watson Realty ERA

Active
  • Located in Bakersfield
  • Built in 2005
  • MLS #: NS24222745
  • 4 Bedrooms
  • 2 Baths
  • 2,097 SqFt
More details Listing by Linda Banales, Agentcor-Big Block Realty

Active
  • Located in Bakersfield
  • Built in 2004
  • MLS #: SR24237896
  • 3 Bedrooms
  • 3 Baths
  • 2,336 SqFt
More details Listing by Priscilla Cervantes, PAK Home Realty

Active
  • Located in Bakersfield
  • Built in 2002
  • MLS #: SB24176424
  • 4 Bedrooms
  • 3 Baths
  • 2,489 SqFt
More details Listing by Quintin Smith, Avant Broker & Associates

Active
  • Located in Bakersfield
  • Built in 2004
  • MLS #: NS24170243
  • 4 Bedrooms
  • 2 Baths
  • 1,894 SqFt
More details Listing by Cynthia Behill, Miramar International

Pending
  • Located in Bakersfield
  • Built in 2003
  • MLS #: PI24223843
  • 5 Bedrooms
  • 3 Baths
  • 2,819 SqFt
More details Listing by Lupe Colclasure, Next Level Realty & Loans, Inc.

Active
  • Located in Bakersfield
  • Built in 2007
  • MLS #: PI24215934
  • 4 Bedrooms
  • 2 Baths
  • 2,362 SqFt
More details Listing by Terrye Steiner, Miramar International Inc.

Active
  • Located in Bakersfield
  • Built in 2005
  • MLS #: SR24110924
  • 5 Bedrooms
  • 2 Baths
  • 2,286 SqFt
More details Listing by Alejandro Mora, The Mora Partners Inc.

Active
  • Located in Bakersfield
  • Built in 1986
  • MLS #: PI24226282
  • 3 Bedrooms
  • 3 Baths
  • 1,787 SqFt
More details Listing by Valerie Ulrey, Miramar International Inc.

Active
  • Located in Bakersfield
  • Built in 2005
  • MLS #: SR24206742
  • 5 Bedrooms
  • 2 Baths
  • 2,286 SqFt
More details Listing by Alejandro Mora, The Mora Partners Inc.

Active
  • Located in Bakersfield
  • Built in 2001
  • MLS #: NS24210620
  • 3 Bedrooms
  • 2 Baths
  • 1,604 SqFt
More details Listing by Miguel Hernandez, Open Door Real Estate

Active
  • Located in Bakersfield
  • Built in 1973
  • MLS #: NS24225119
  • 3 Bedrooms
  • 2 Baths
  • 1,520 SqFt
More details Listing by Javier Guzman, Agentcor-Big Block Realty

Active
  • Located in Bakersfield
  • Built in 2014
  • MLS #: NS24221488
  • 2 Bedrooms
  • 2 Baths
  • 1,712 SqFt
More details Listing by Jeff Jackson, Miramar International

Active
  • Located in Bakersfield
  • Built in 1994
  • MLS #: OC24199289
  • 3 Bedrooms
  • 2 Baths
  • 1,623 SqFt
More details Listing by Robert Dobbs, 661 Realty

Active
  • Located in Bakersfield
  • Built in 1998
  • MLS #: CV24145956
  • 4 Bedrooms
  • 2 Baths
  • 1,575 SqFt
More details Listing by Adam Elkebir, REALTY WORLD ALL STARS

Active
  • Located in Bakersfield
  • Built in 2004
  • MLS #: SR24187032
  • 6 Bedrooms
  • 3 Baths
  • 2,536 SqFt
More details Listing by Roger Magana, Golden Valley Real Estate Group

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

Bakersfield 93312 Real Estate Listings

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Open Houses in Bakersfield

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 Bakersfield 93312 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 Bakersfield, 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 Bakersfield 93312

We’ve automated the home buying and selling process in order to save thousands for buyers and sellers. Once you’ve found the Bakersfield 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.

Bakersfield 93312 Home Values

Determining your Bakersfield 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.

Bakersfield 93312 Foreclosures

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

Nearby Short Sale Listings in Bakersfield California

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