Short Sale and Foreclosure

To provide a fuller picture of the dynamics of the current market environment, we are providing a series of reports that capture Short Sales, Foreclosures and Bank Owned properties.

A "Short Sale" is when the lien holders of property agree to accept less than what they are owed in order to facilitate sale of that property.

A "Foreclosure" is a property that has been ordered to a county foreclosure auction.

A "Bank Owned" property is a property that is owned or controlled by a bank or other lien holder. These include properties that have been foreclosed and properties where an owner has surrendered title to a bank or other lien holder in lieu of foreclosure (in order that both the lien holder and the owner avoid foreclosure proceedings and its consequent additional cost).

The reporting of "Short Sale", "Foreclosure" and "Bank Owned" properties is made available on a "best efforts" basis. The information is deemed reliable, but not guaranteed. "Short Sale" and "Bank Owned" property information is obtained from the Western Upstate Multiple Listing Service as of the date noted on the respective report. "Foreclosure" property information is obtained from public records of the county identified as of the date noted on the report.

Short Sale and Bank Owned Homes Report

Short Sale and Bank Owned Lots Report

Foreclosure Report (Combined for Homes and Lots)

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