Tara M Camp | Bellingham Real Estate
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Tara M Camp | Tara@TaraCampRealEstate.com | 360-296-3244
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Whatcom County Short Sales: Bellingham, Ferndale, Blaine/Birch Bay, Lynden, Maple Falls, Everson, and Sumas
According to Wikipedia:
"A short sale is when a bank or mortgage lender agrees to discount a loan balance due to an economic or financial hardship on the part of the mortgagor. The home owner/debtor sells the mortgaged property for less than the outstanding balance of the loan, and turns over the proceeds of the sale to the lender in full satisfaction of the debt. In such instances, the lender would have the right to approve or disapprove of a proposed sale.
"A short sale is when a bank or mortgage lender agrees to discount a loan balance due to an economic or financial hardship on the part of the mortgagor. The home owner/debtor sells the mortgaged property for less than the outstanding balance of the loan, and turns over the proceeds of the sale to the lender in full satisfaction of the debt. In such instances, the lender would have the right to approve or disapprove of a proposed sale.
A short sale typically is executed to prevent a home foreclosure. Often a bank will choose to allow a short sale if they believe that it will result in a smaller financial loss than foreclosing. For the home owner, the advantages include avoidance of having a foreclosure on their credit history and the partial control of the monetary deficiency. Additionally, a short sale is typically faster and less expensive than a foreclosure. In short, a short sale is nothing more than negotiating with lien holders a payoff for less than what they are owed, or rather a sale of a debt, generally on a piece of real estate, short of the full debt amount."
Short sale (real estate). (2008, August 21). In Wikipedia, The Free Encyclopedia. Retrieved 15:49, August 22, 2008, from http://en.wikipedia.org/w/index.php?title=Short_sale_(real_estate)&oldid=233263427
Contact me for a tour of these properties!
Check out the new WA State Foreclosure Legislation.
Bellingham Short Sales
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MLS#: 28155898
993 Lakeview St Bellingham, WA 98229
Property Type:
Residential
Bedrooms:
3
Bathrooms:
3.5
SQFT:
4,454
Year Built:
2006
View:
Yes
Active
#1 of 23
MLS#: 27172638
39 North Point Dr Bellingham, WA 98229
Property Type:
Residential
Bedrooms:
4
Bathrooms:
3.0
SQFT:
2,658
Year Built:
2007
View:
Yes
New Construction:
Yes
Pending
#2 of 23
MLS#: 28167072
4710 Bedford Ave Bellingham, WA 98226
Property Type:
Residential
Bedrooms:
3
Bathrooms:
2.5
Year Built:
2005
View:
Yes
Active
#3 of 23
MLS#: 28087124
35 TUMBLING WATER Dr Bellingham, WA 98229
Property Type:
Residential
Bedrooms:
7
Bathrooms:
3.0
SQFT:
2,788
Year Built:
1995
Active
#4 of 23
MLS#: 28168310
4165 Dover St Bellingham, WA 98226
Property Type:
Residential
Bedrooms:
4
Bathrooms:
3.0
SQFT:
1,750
Year Built:
2005
View:
Yes
Pending BU Requested
#5 of 23
MLS#: 28059651
19 N Summit Dr Bellingham, WA 98229
Property Type:
Residential
Bedrooms:
4
Bathrooms:
2.5
SQFT:
2,240
Year Built:
1978
View:
Yes
Active
#6 of 23
MLS#: 28140971
20 Creekside Ln E Bellingham, WA 98229
Property Type:
Residential
Bedrooms:
3
Bathrooms:
2.5
SQFT:
2,200
Year Built:
1993
Waterfront:
Yes
Active
#7 of 23
MLS#: 28167472
1813 Undine Ln Bellingham, WA 98226
Property Type:
Residential
Bedrooms:
3
Bathrooms:
2.25
SQFT:
1,585
Year Built:
2004
View:
Yes
Pending BU Requested
#8 of 23
MLS#: 28102935
5 Lost Lake Ln Bellingham, WA 98229
Property Type:
Residential
Bedrooms:
3
Bathrooms:
2.5
SQFT:
1,900
Year Built:
1994
Waterfront:
Yes
View:
Yes
Active
#9 of 23
MLS#: 28038113
1 Beaver Ridge Cir Bellingham, WA 98229
Property Type:
Residential
Bedrooms:
3
Bathrooms:
2.0
SQFT:
1,512
Year Built:
2006
Active
#10 of 23
MLS#: 28167105
4606 Quinn Ct Bellingham, WA 98226
Property Type:
Condo
,
Townhouse
Bedrooms:
3
Bathrooms:
2.5
SQFT:
1,631
Year Built:
2005
Active
#11 of 23
MLS#: 28057402
828 Christian Way Bellingham, WA 98229
Property Type:
Residential
Bedrooms:
3
Bathrooms:
2.0
SQFT:
1,344
Year Built:
1995
Active
#12 of 23
MLS#: 28050733
3103 Bennett Dr Bellingham, WA 98225
Property Type:
Residential
Bedrooms:
3
Bathrooms:
1.0
SQFT:
1,364
Year Built:
1904
View:
Yes
Active
#13 of 23
MLS#: 28070625
2514 Xenia St Bellingham, WA 98226
Property Type:
Residential
Bedrooms:
2
Bathrooms:
1.0
SQFT:
760
Year Built:
1956
View:
Yes
Active
#14 of 23
MLS#: 28141064
4043 Eliza Dr Bellingham, WA 98226
Property Type:
Condo
,
Townhouse
Bedrooms:
2
Bathrooms:
2.5
SQFT:
1,423
Year Built:
2005
View:
Yes
Pending Inspection
#15 of 23
MLS#: 28121035
3700 Alabama Bellingham, WA 98229
Property Type:
Condo
Bedrooms:
2
Bathrooms:
1.0
SQFT:
895
Year Built:
1980
View:
Yes
Active
#16 of 23
MLS#: 28024997
8 Strawberry Ct S Bellingham, WA 98229
Property Type:
Residential
Bedrooms:
2
Bathrooms:
1.0
SQFT:
1,088
Year Built:
1973
Waterfront:
Yes
View:
Yes
Pending Inspection
#17 of 23
MLS#: 28016389
629 Summit Pl Sedro Woolley, WA 98284
Property Type:
Residential
Bedrooms:
2
Bathrooms:
1.5
SQFT:
1,152
Year Built:
1969
View:
Yes
Active
#18 of 23
MLS#: 28166960
3111 Greenwood Ave Bellingham, WA 98225
Property Type:
Residential
Bedrooms:
2
Bathrooms:
1.0
SQFT:
668
Year Built:
1947
View:
Yes
Pending BU Requested
#19 of 23
MLS#: 28154118
504 Darby Dr Bellingham, WA 98226
Property Type:
Condo
Bedrooms:
1
Bathrooms:
1.25
Year Built:
2006
Active
#20 of 23
MLS#: 28148808
508 Tremont Ave Bellingham, WA 98226
Property Type:
Condo
Bedrooms:
1
Bathrooms:
1.0
SQFT:
655
Year Built:
2006
View:
Yes
Active
#21 of 23
MLS#: 28159199
6 Basin View Pl Bellingham, WA 98229
Property Type:
Residential
Bedrooms:
1
Bathrooms:
1.0
Year Built:
1972
Active
#22 of 23
MLS#: 28139004
2418 Elm Bellingham, WA 98225
Property Type:
Residential
Bedrooms:
2
Bathrooms:
1.0
SQFT:
1,049
Year Built:
1900
Pending
#23 of 23
Bellingham Short Sales
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MLS#: 28170512
1243 Geneva Hills Rd Bellingham, WA 98229
Property Type:
Residential
Bedrooms:
4
Bathrooms:
3.0
SQFT:
3,402
Year Built:
2006
View:
Yes
Pending
#1 of 3
MLS#: 28129390
5 Harbor View Ct S Bellingham, WA 98229
Property Type:
Residential
Bedrooms:
3
Bathrooms:
2.5
SQFT:
2,703
Year Built:
1991
View:
Yes
Active
#2 of 3
MLS#: 28175088
4129 Palisade Way Bellingham, WA 98226
Property Type:
Residential
Bedrooms:
3
Bathrooms:
2.0
SQFT:
1,389
Year Built:
2006
Active
#3 of 3
Ferndale Pre-foreclosures
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MLS#: 28163018
8122 Percie Rd Custer, WA 98248
Property Type:
Residential
Bedrooms:
3
Bathrooms:
2.5
SQFT:
3,022
Year Built:
2006
View:
Yes
Active
#1 of 6
MLS#: 28146943
6016 Sunshine Dr Ferndale, WA 98248
Property Type:
Residential
Bedrooms:
3
Bathrooms:
2.5
SQFT:
2,347
Year Built:
2005
Waterfront:
Yes
View:
Yes
Pending BU Requested
#2 of 6
MLS#: 28060046
6006 malloy ave. Ferndale, WA 98248
Property Type:
Residential
Bedrooms:
3
Bathrooms:
1.0
SQFT:
1,532
Year Built:
1915
View:
Yes
New Construction:
Yes
Active
#3 of 6
MLS#: 28133190
6198 Tyler Ln Ferndale, WA 98248
Property Type:
Residential
Bedrooms:
3
Bathrooms:
2.0
SQFT:
1,149
Year Built:
1993
View:
Yes
Active
#4 of 6
MLS#: 28097786
5559 2nd Ave Ferndale, WA 98248
Property Type:
Residential
Bedrooms:
3
Bathrooms:
1.0
SQFT:
1,301
Year Built:
1946
View:
Yes
Pending Inspection
#5 of 6
Blaine and Birch Bay Pre-foreclosures
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MLS#: 28112246
4755 S Golf Course Dr Blaine, WA 98230
Property Type:
Residential
Bedrooms:
3
Bathrooms:
2.5
SQFT:
3,547
Year Built:
2001
Waterfront:
Yes
View:
Yes
Pending
#1 of 8
