Coldwell Banker® represents various Lenders/Banks who have taken back property through the foreclosure process as well as Sellers offering their property through the "short sale" process to prevent foreclosure. If you are a Lender/Bank or a Seller who has questions regarding the "short sale" process simply contact us at info@coldwellbankerlistings.com and a knowledgeable associate will be happy to assist you.

Submit an offer: You can now submit a offer on any listing in our REO/Short Sale database! Offers are subject to availability and final documentation acceptance and agency confirmation. 

«Bank Owned Listings Bank Repossessed. These properties have completed the foreclosure process and are now owned by the foreclosing lender, which took title to the property. Foreclosing lenders are often motivated to sell bank-owned properties (also known as REO, or Real Estate Owned) quickly because they are non-performing assets.

«"Short Sale" Listings Short Sale. These properties have a loan secured by the property and is typically in default and the property is worth less than the amount owed. The borrower still has the opportunity to stop the foreclosure by bringing the lender a market value offer to purchase "short" (for less than what's owed). Homeowners in default are often motivated sellers who want to avoid losing their property to foreclosure.