94061 Short Sales

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Search 94061 Short Sales for sale on the MLS. View recent sales and find homes for sale in Redwood City which allow for a 50% commission credit.

Redwood City 94061 Short Sales

If a homeowner is having difficulty paying their mortgage and their Redwood City home value has gone down below their mortgage amount, they may be considering a short sale. When a seller lists their Redwood City 94061 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 Redwood City 94061 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 Redwood City California 94061


Pending
  • Located in Redwood City
  • Built in 1961
  • MLS #: ML81982904
  • 4 Bedrooms
  • 2 Baths
  • 2,381 SqFt
More details Listing by Alex Lehr, Guide Real Estate

Active
  • Located in Redwood City
  • Built in 1970
  • MLS #: ML81986647
  • 2 Bedrooms
  • 3 Baths
  • 1,114 SqFt
More details Listing by Iris Prada, Remax Capital

Pending
  • Located in Redwood City
  • Built in 1950
  • MLS #: ML81986713
  • 2 Bedrooms
  • 1 Bath
  • 850 SqFt
More details Listing by Stephen Hicks, Gateway Properties

Pending
  • Located in Redwood City
  • Built in 1952
  • MLS #: ML81983511
  • 3 Bedrooms
  • 2 Baths
  • 2,000 SqFt
More details Listing by Robert Guglielmi, SC Properties

Active
  • Located in Redwood City
  • Built in 1926
  • MLS #: ML81986915
  • 2 Bedrooms
  • 2 Baths
  • 1,010 SqFt
More details Listing by Michael Hall, Compass

Pending
  • Located in Redwood City
  • Built in 1959
  • MLS #: ML81986422
  • 4 Bedrooms
  • 3 Baths
  • 1,890 SqFt
More details Listing by John Shroyer, Golden Gate Sotheby's International Realty

Active
  • Located in Redwood City
  • Built in 2024
  • MLS #: ML81982779
  • 4 Bedrooms
  • 4 Baths
  • 2,817 SqFt
More details Listing by Gloria Lee, Thomas James Real Estate Services, Inc,

Active
  • Located in Redwood City
  • Built in 2021
  • MLS #: ML81985594
  • 4 Bedrooms
  • 4 Baths
  • 2,432 SqFt
More details Listing by Jingya Ji, Coldwell Banker Realty

Active
  • Located in Redwood City
  • Built in 2022
  • MLS #: ML81984783
  • 9 Bedrooms
  • 7 Baths
  • 5,084 SqFt
More details Listing by Jide Ogunbiyi, Coldwell Banker Realty

Active
  • Located in Redwood City
  • Built in 1927
  • MLS #: ML81979881
  • 6 Bedrooms
  • 5 Baths
  • 4,377 SqFt
More details Listing by Drew Doran, Compass

Active
  • Located in Redwood City
  • Built in 2007
  • MLS #: ML81978031
  • 3 Bedrooms
  • 3 Baths
  • 1,640 SqFt
More details Listing by Tuscana Properties

Active
  • Located in Redwood City
  • Built in 1955
  • MLS #: ML81975557
  • 2 Bedrooms
  • 2 Baths
  • 1,370 SqFt
More details Listing by Lisa Stephenson, Stephenson, Lisa, Broker

Active
  • Located in Redwood City
  • Built in 1970
  • MLS #: ML81947780
  • 1 Bath
  • 470 SqFt
More details Listing by MaryEllen Pellegrini, Coldwell Banker Realty

Pending
  • Located in Redwood City
  • Built in 1964
  • MLS #: ML81983945
  • 1 Bedrooms
  • 1 Bath
  • 606 SqFt
More details Listing by Josh Felder, Redfin

Active
  • Located in Redwood City
  • Built in 2007
  • MLS #: ML81974358
  • 3 Bedrooms
  • 3 Baths
  • 1,640 SqFt
More details Listing by Ravi Jagtiani, Intero Real Estate Services

Active
  • Located in Redwood City
  • Built in 1967
  • MLS #: ML81983611
  • 3 Bedrooms
  • 3 Baths
  • 1,900 SqFt
More details Listing by Lori Buecheler, Compass

Pending
  • Located in Redwood City
  • Built in 1951
  • MLS #: ML81986030
  • 4 Bedrooms
  • 2 Baths
  • 1,895 SqFt
More details Listing by J.D. Anagnostou, Realsmart Properties

Pending
  • Located in Redwood City
  • Built in 1951
  • MLS #: ML81981094
  • 4 Bedrooms
  • 4 Baths
  • 2,261 SqFt
More details Listing by Lisa Thompson, Intero Real Estate Services

Pending
  • Located in Redwood City
  • Built in 1956
  • MLS #: ML81980989
  • 3 Bedrooms
  • 2 Baths
  • 1,300 SqFt
More details Listing by Colleen Cooley, Coldwell Banker Realty

Pending
  • Located in Redwood City
  • Built in 1950
  • MLS #: ML81985540
  • 2 Bedrooms
  • 1 Bath
  • 920 SqFt
More details Listing by Amelia Middel, Coldwell Banker Realty

Active
  • Located in Redwood City
  • Built in 1974
  • MLS #: ML81983632
  • 2 Bedrooms
  • 2 Baths
  • 1,360 SqFt
More details Listing by Brendan Royer, Berkshire Hathaway HomeServices DrysdaleProperties

Active
  • Located in Redwood City
  • Built in 1970
  • MLS #: ML81984504
  • 2 Bedrooms
  • 3 Baths
  • 1,098 SqFt
More details Listing by Jerry Rice, Jr, Compass

Pending
  • Located in Redwood City
  • Built in 1964
  • MLS #: ML81982290
  • 1 Bath
  • 405 SqFt
More details Listing by Linda Crose-Andersen, Coldwell Banker Realty

Active
  • Located in Redwood City
  • Built in 1923
  • MLS #: ML81985852
  • 8 Bedrooms
  • 4 Baths
  • 2,974 SqFt
More details Listing by Mariaelena Diaz, eXp Realty of California Inc

Active
  • Located in Redwood City
  • Built in 1976
  • MLS #: ML81963941
  • 5 Bedrooms
  • 5 Baths
  • 3,890 SqFt
More details Listing by Julie Rossi Rideau, Compass

Active
  • Located in Redwood City
  • Built in 2024
  • MLS #: ML81982753
  • 4 Bedrooms
  • 5 Baths
  • 2,949 SqFt
More details Listing by Gloria Lee, Thomas James Real Estate Services, Inc,

Pending
  • Located in Redwood City
  • Built in 1986
  • MLS #: ML81982107
  • 3 Bedrooms
  • 3 Baths
  • 2,370 SqFt
More details Listing by Compass

Active
  • Located in Redwood City
  • Built in 1961
  • MLS #: ML81974802
  • 2 Bedrooms
  • 2 Baths
  • 1,035 SqFt
More details Listing by Greg Pierce, Coldwell Banker Realty

Active
  • Located in Redwood City
  • Built in 1974
  • MLS #: ML81974147
  • 2 Bedrooms
  • 2 Baths
  • 1,360 SqFt
More details Listing by Wendy Kandasamy, Compass

Active
  • Located in Redwood City
  • Built in 1948
  • MLS #: ML81945212
  • 3 Bedrooms
  • 2 Baths
  • 1,510 SqFt
More details Listing by Robert Pedro, Signature Realty & Mortgage

Active
  • Located in Redwood City
  • Built in 2024
  • MLS #: ML81983372
  • 4 Bedrooms
  • 4 Baths
  • 3,066 SqFt
More details Listing by Gloria Lee, Thomas James Real Estate Services, Inc,

Active
  • Located in Redwood City
  • Built in 2023
  • MLS #: ML81983145
  • 3 Bedrooms
  • 3 Baths
  • 2,055 SqFt
More details Listing by Maria Rutenburg, Peninsula Company

Pending
  • Located in Redwood City
  • Built in 1970
  • MLS #: ML81952561
  • 5 Bedrooms
  • 3 Baths
  • 2,471 SqFt
More details Listing by Denise Simons, Compass

Pending
  • Located in Redwood City
  • Built in 2022
  • MLS #: ML81900971
  • 9 Bedrooms
  • 7 Baths
  • 5,084 SqFt
More details Listing by Tata Vahdatpour, Coldwell Banker Realty

Active
  • Located in Redwood City
  • Built in 1951
  • MLS #: ML81908389
  • 7 Bedrooms
  • 3 Baths
  • 2,610 SqFt
More details Listing by Allegra De Peralta, RE/MAX Gold

Pending
  • Located in Redwood City
  • Built in 1949
  • MLS #: ML81897037
  • 6 Bedrooms
  • 3 Baths
  • 2,680 SqFt
More details Listing by Drew Doran, Compass

Active
  • Located in Redwood City
  • Built in 1910
  • MLS #: ML81873840
  • 7 Bedrooms
  • 4 Full baths
  • 3,186 SqFt
More details Listing by Adela Gildo-Mazzon, Compass

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

Redwood City 94061 Real Estate Listings

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

Open Houses in Redwood City

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 Redwood City 94061 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 Redwood City, 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 Redwood City 94061

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

Redwood City 94061 Home Values

Determining your Redwood City 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.

Redwood City 94061 Foreclosures

If you’re looking to purchase a Redwood City 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 Redwood City 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 Redwood City 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 Redwood City California

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