Crystal Coast Short Sale Listings
About Crystal Coast Short Sale Listings:
Short Sale is the sale of real estate in which the sale proceeds to fall short of the balance owed on the property’s loan. It often occurs when a borrower cannot pay the mortgage loan on their property, but the lender decides that selling the property at a moderate loss is better than pressing the borrower. Both parties consent to the short sale process, because it allows them to avoid foreclosure, which involves hefty fees for the bank and poorer credit report outcomes for the borrowers. This agreement, however, does not necessarily release the borrower from the obligation to pay the remaining balance of the loan, known as the deficiency.
These Crystal Coast short sale listings are found throughout Carteret County, from Emerald Isle to the scenic inland regions of Beaufort and Morehead City. Short sale listings can include single family residential homes, mobile homes, condos or duplexes, and even lots or commercial properties. These short sale listings are pulled and updated directly from the Crystal Coast multiple listing service (MLS) so be sure and check back regularly for new short sale listings. Our Bluewater agents are also happy to help buyers keep tabs on the local real estate market, and notify potential buyers on new short sale listings as soon as they pop on the market.
For more information on any of these listings, or for questions on the short sale process, contact any of our Bluewater real estate agents in our Atlantic Beach and / or Emerald Isle offices. Our agents are more than happy to help newcomers to the Crystal Coast area find short sale listings and other properties that meet their specific criteria.