91024 Short Sales

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Search 91024 Short Sales for sale on the MLS. View recent sales and find homes for sale in Sierra Madre which allow for a 50% commission credit.

Sierra Madre 91024 Short Sales

If a homeowner is having difficulty paying their mortgage and their Sierra Madre home value has gone down below their mortgage amount, they may be considering a short sale. When a seller lists their Sierra Madre 91024 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 Sierra Madre 91024 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 Sierra Madre California 91024


Active
  • Located in Sierra Madre
  • Built in 1911
  • MLS #: AR24233716
  • 3 Bedrooms
  • 2 Baths
  • 1,784 SqFt
More details Listing by Bevin Eustace, Coldwell Banker Realty

Active
  • Located in Sierra Madre
  • Built in 1969
  • MLS #: WS24228013
  • 5 Bedrooms
  • 3 Baths
  • 2,812 SqFt
More details Listing by YUEWU LIU, IRN REALTY

Active
  • Located in Sierra Madre
  • Built in 1947
  • MLS #: DW24163673
  • 5 Bedrooms
  • 5 Baths
  • 2,909 SqFt
More details Listing by Raffaele Cursaro, Raffaele Cursaro

Pending
  • Located in Sierra Madre
  • Built in 1951
  • MLS #: AR24198374
  • 3 Bedrooms
  • 2 Baths
  • 2,173 SqFt
More details Listing by Ash Rizk, Coldwell Banker Realty

Active
  • Located in Sierra Madre
  • Built in 1889
  • MLS #: P1-19681
  • 3 Bedrooms
  • 3 Baths
  • 2,261 SqFt
More details Listing by Reni Rose, Berkshire Hathaway HomeServices California Properties

Active
  • Located in Sierra Madre
  • Built in 1953
  • MLS #: P1-19882
  • 3 Bedrooms
  • 2 Baths
  • 1,720 SqFt
More details Listing by Noah Kazanjian, Coldwell Banker Realty

Pending
  • Located in Sierra Madre
  • Built in 1991
  • MLS #: AR24192918
  • 4 Bedrooms
  • 4 Baths
  • 2,415 SqFt
More details Listing by Andrew Loeffler, Re/Max Premier Prop SanMarino

Active
  • Located in Sierra Madre
  • Built in 1948
  • MLS #: PF24212546
  • 3 Bedrooms
  • 2 Baths
  • 1,889 SqFt
More details Listing by Joshua Ritnimit, Redfin Corporation

Active
  • Located in Sierra Madre
  • Built in 1894
  • MLS #: AR24079535
  • 4 Bedrooms
  • 3 Baths
  • 2,856 SqFt
More details Listing by Roy Blume, Socal Platinum Properties

Active
  • Located in Sierra Madre
  • Built in 1988
  • MLS #: AR24189491
  • 3 Bedrooms
  • 3 Baths
  • 3,783 SqFt
More details Listing by Tony Wang, Berkshire Hathaway HomeServices California Properties

Active
  • Located in Sierra Madre
  • Built in 1932
  • MLS #: P1-19969
  • 5 Bedrooms
  • 5 Baths
  • 4,407 SqFt
More details Listing by Darrell Done, Coldwell Banker Realty

Active
  • Located in Sierra Madre
  • Built in 1947
  • MLS #: WS24232930
  • 3 Bedrooms
  • 3 Baths
  • 1,985 SqFt
More details Listing by TERESA TING, MASTERS REALTY

Active
  • Located in Sierra Madre
  • Built in 1991
  • MLS #: WS24199879
  • 4 Bedrooms
  • 4 Baths
  • 4,075 SqFt
More details Listing by PAMELA PHAN, L A FUNDING & REALTY

Pending
  • Located in Sierra Madre
  • Built in 1917
  • MLS #: AR24200048
  • 1 Bedrooms
  • 1 Bath
  • 592 SqFt
More details Listing by Anna Casas, Berkshire Hathaway HomeService

Active
  • Located in Sierra Madre
  • Built in 1955
  • MLS #: AR24138930
  • 3 Bedrooms
  • 3 Baths
  • 3,259 SqFt
More details Listing by Carol Ann Canterbury, Berkshire Hathaway HomeService

Active
  • Located in Sierra Madre
  • Built in 1994
  • MLS #: AR24011473
  • 5 Bedrooms
  • 4 Baths
  • 3,682 SqFt
More details Listing by La Tasha Richmond, Target Mortgage

Active
  • Located in Sierra Madre
  • Built in 1923
  • MLS #: 224003919
  • 1 Bedrooms
  • 1 Bath
  • 686 SqFt
More details Listing by Thomas Vriens, Romeo Echo Real Estate Inc.

Active
  • Located in Sierra Madre
  • Built in 1985
  • MLS #: AR24208086
  • 4 Bedrooms
  • 3 Baths
  • 2,494 SqFt
More details Listing by Ash Rizk, Coldwell Banker Realty

Active
  • Located in Sierra Madre
  • Built in 1930
  • MLS #: ND24111472
  • 3 Bedrooms
  • 2 Baths
  • 1,738 SqFt
More details Listing by Michael Vielma, Michael Vielma, Brokerage

Pending
  • Located in Sierra Madre
  • Built in 1935
  • MLS #: AR24045774
  • 3 Bedrooms
  • 2 Baths
  • 1,288 SqFt
More details Listing by Lisa Baum, Compass

Active
  • Located in Sierra Madre
  • Built in 1980
  • MLS #: IG24151368
  • 3 Bedrooms
  • 3 Baths
  • 1,877 SqFt
More details Listing by Xochitl Ramirez Lara, Keller Williams Realty

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

Sierra Madre 91024 Real Estate Listings

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

Open Houses in Sierra Madre

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 Sierra Madre 91024 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 Sierra Madre, 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 Sierra Madre 91024

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

Sierra Madre 91024 Home Values

Determining your Sierra Madre 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.

Sierra Madre 91024 Foreclosures

If you’re looking to purchase a Sierra Madre 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 Sierra Madre 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 Sierra Madre 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 Sierra Madre California

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