Short Sales & Foreclosures - Columbus, Dublin, Worthington, Lewis Center & More
Short Sales & Foreclosures are in process throughout the entire Central Ohio marketplace including Columbus, Dublin, Lewis Center & Worthington Areas.
When a home or condo has had the foreclosure paperwork filed with the court, but that does not mean the home or condo is for sale to purchase at this point. The seller has the right to make things right with the bank between now and the time the home or condo sells at the sheriff’s auction. That process between the time the foreclosure is filed and the time that the home or condo goes to sheriff auction can take 6-18 months in Franklin County, specifically Columbus, Dublin, Lewis Center & Worthington areas. (As of time of article in April 2010) Click Here to continue article below
Use our Foreclosure, HUD and Short Sale Home Search below to look through ALL the available homes on the market today in the Columbus Area. Use the information to the left of the properties to narrow down your criteria based on your own personal search. Don't hesitate to call me or email me with any questions that you might have. Happy Searching!
The one thing that can happen between now and the auction is the homeowner can sell the property as a short sale. This means the seller would be selling the home or condo for less than they owe to the bank. In this case the bank must approve this amount and it can sometimes be a very long process (I have seen it take 6-8 months to get bank approval). Some banks are now using a new system called "Equator" that has helped to streamline the process and increase communication. This new system has drastically cut down the turnaround times but each home is different and you could be dealing with multiple mortgages and multiple banks on one property.
Please feel free to call me or email me if you would like to discuss this process further.
Troy Marsh
Keller Williams Capital Partners
614-750-2144
troyre@gmail.com
Click on the Searches below to Search All Foreclosures and Short Sales in the Following Areas:
All Single Family Home Foreclosures and Short Sales for sale in Central Ohio
All Condo Foreclosures and Short Sales for sale in Central Ohio
All Single Family and Condo Foreclosures and Short Sales for sale in Worthington, OH
All Single Family and Condo Foreclosures and Short Sales for sale in Dublin, OH
