When the owner of a property owes more on the mortgage, than the property is worth and can’t make up the difference, the mortgage holder must agree to take less than is owed, in order for the owner to sell the property. This is called a short sale. If foreclosure proceedings have already been started, but not yet completed, a short sale can also be a pre-foreclosure. That means it is not yet owned by the bank, but the foreclosure process has been started.
Browse listings for the latest short sales in Boca Raton and the surrounding area, or continuing reading as we explain more about the short sale process. Click here to view Boca Raton foreclosures.
All Listings Under $100,000 $100,000 – $200,000
$200,000 – $300,000 $300,000 – $400,000 $400,000 – $500,000
$500,000 – $600,000 $600,000 – $700,000 $700,000 – $800,000
$800,000 – $900,000 $900,000 – $1,000,000 Over $1,000,000