Novato Short Sales / Pre-Foreclosures for Sale - 9/21/09

Novato Short Sale List - Single Family Homes For Sale

"Your complete source for Marin short sale listings."

September 21, 2009

What is a short sale? It's where the sellers owe more on their mortgage than the house is now worth, so they must ask the bank to accept less when they sell. These are often "pre-foreclosure" properties. The major banks are starting to see the light, favoring and encouraging short sales versus foreclosures. That's good news for everyone, including buyers because it should shorten the buying process. Now, a typical short sale can take 2-4 months to close.

Short sales can present a great opportunity for home buyers because the seller's emotion is taken out of the equation, and the price becomes all about market value based on recent sales (and not what the seller "needs" or "wants" to make on the sale.)

Please click this link to view ALL Novato short sale properties currently on the MLS. These are "active" status and listed as available for purchase.

NOVATO SHORT SALES: SINGLE FAMILY HOMES (21 total)

TO SEE any of these properties, or for more information, please contact Kevin by phone or email:

kmcginnis@fhallen.com or (415) 725-1911

Search the entire MLS... go to BestHomesMarin.com