Your mortgage lender will be considering a number of factors in deciding whether to approve a short sale. A review of your circumstance, whether you deserve a break due to financial hardship caused by uncontrollable circumstances such as death, divorce, layoffs or illness. They will also take a hard look at whether it would be cheaper (or more profitable to them) to simply proceed with the foreclosure process on the house, make any necessary repairs and sell it through an agent. How many other real estate owned (REO) properties they have in their portfolio would affect their decisions as well.
The Process
when a borrower falls behind on their payments the loan is usually sent to the lender’s loan loss mitigation department. Most lenders also consider short loan payoff sale requests in their loss mitigation departments.
Your chances of success with your lender improve if your communications with them is organized and complete. Your contact with your mortgage lender’s loss mitigation department should be professional. You’ll want to send them the appropriate documentation and provide them with any additional information that they may require.
Keep in mind that lenders will approve a short sale as a last resort to avoid foreclosure.
If a home was purchased at the height of the market and has depreciated considerably, the home may be “upside down”, or is worth less than is owed. The lender may consider a short sale. The same is true for a property was recently refinanced at 100% or on an option arm leaving the property without equity. Keep in mind that lender is not in a position to manage property they are in the lending business. A home, while it’s sitting vacant waiting for sale, is accruing costly insurance premiums, taxes, repairs and bringing in nothing. The lender is losing even more because the lost interest they could be receiving on their asset. They have their money invested, but are making nothing from the investment until the property sells.
If a short sale can be accomplished, their money is returned and they are no longer losing money on the investment. In a short sale the bank may even be willing to finance a new owner, making it a win/win for all parties.
Your search returned more than 1500 results (4909). Please refine your filters for better results.
132 Green Thistle Way
Summerville, SC 29483
Dawson Pointe
Residential
MLS# 26019058 / Active
Ready for move in. Welcome to Dawson Pointe, where modern townhome living meets the ease of condo ownership. This new two-story home is host to an ...
549 Towles Crossing Drive
Johns Island, SC 29455
Opti Isle
Residential
MLS# 26019057 / Active
Set within the private, gated enclave of Kingfisher Island, this waterfront new-construction home presents a rare chance to personalize a brand-new...
120 Speer Street
Goose Creek, SC 29445
Cokers Crossing
Residential
MLS# 26019056 / Active
Welcome home to this spacious property that truly has it all! Nestled on a large lot with an oversized driveway, this home offers both charm and fu...
Reduced -$5,000
1015 White Egret Run
Summerville, SC 29485
Summers Corner
Residential
MLS# 26019055 / Active
Discover HORIZONS, an active adult community for those 50 and better! A place where you can wake up with countless opportunities but no commitments...
114 Vessey Drive
Moncks Corner, SC 29461
Spring Grove Plantation
Residential
MLS# 26019053 / Active
Comfort, character and convenience-all in one place!! Step inside to discover a bright, open-concept floor plan featuring spacious living areas, ab...
152 Cowrie Court
Mount Pleasant, SC 29464
Etiwan Pointe
Residential
MLS# 26019052 / Active
Experience effortless Lowcountry living in this exceptional Etiwan Point townhome featuring an ELEVATOR, stunning marsh views, and elegant finishes...
1006 Toadfish Run
Summerville, SC 29485
Summers Corner
Residential
MLS# 26019050 / Active
Discover HORIZONS, an active adult community for those 50 and better! A place where you can wake up with countless opportunities but no commitments...
Reduced -$4,100
342 Hickory Nut Way
Cross, SC 29436
Residential
MLS# 26019049 / Active
Welcome to this stunning, brand-new 4-bedroom, 3-bathroom manufactured home offering over 2,000 square feet of comfortable, modern living space. Pe...
65 Vanderhorst Street UNIT Apt F
Charleston, SC 29403
Radcliffeborough
Residential
MLS# 26019048 / Active
Nestled in the heart of Radcliffeborough, this charming two-story condominium blends historic Charleston character with modern convenience. Built i...
329 Hickory Nut Way
Cross, SC 29436
Residential
MLS# 26019043 / Active
Welcome to this stunning, brand-new 4-bedroom, 3-bathroom manufactured home offering over 2,000 square feet of comfortable, modern living space. Pe...
265 Pickens Street
Summerville, SC 29485
Lincolnville
Residential
MLS# 26019042 / Active
NEW construction home located about 5 minutes just south of downtown Summerville, in the quiet community of Lincolnville. This 3 bedroom/2.5 bath h...
113 Deer Street
Summerville, SC 29485
Woodland Estates
Residential
MLS# 26019038 / Active
***Ask about the possibility of receiving 1% reduction in interest rate and free refi.*** Situated on more than an acre in a peaceful Summerville s...
379 McClure Lane
Walterboro, SC 29488
Residential
MLS# 26019037 / Active
Welcome Home to 379 McClure Lane! Nestled on a beautifully manicured 0.90-acre lot, this exceptional Cape Cod-style brick home offers approximately...
6 Catfiddle Street
Charleston, SC 29403
City Of Charleston
Residential
MLS# 26019034 / Active
Experience the pinnacle of downtown Charleston living in this exceptional new construction residence, masterfully designed by architect Randolph Ma...
2250 Myrtle Avenue
Sullivans Island, SC 29482
Residential
MLS# 26019033 / Active
Introducing a rare opportunity to own a thoughtfully designed proposed construction estate where Sullivan`s Island history and modern luxury come t...
241 Celestial Boulevard
Summerville, SC 29486
Cane Bay Plantation
Residential
MLS# 26019032 / Active
Welcome home to this stunning 5-bedroom, 3.5-bath residence in the highly sought-after Cane Bay community, where exceptional living meets incredibl...
2029 Saint Francis Street
North Charleston, SC 29405
Five Mile Court
Residential
MLS# 26019026 / Active
This charming 3-bedroom, 2-bath home has been completely renovated offering modern updates, low-maintenance living, and an excellent location in on...
Reduced -$14,000
2881 Thunder Trail
Johns Island, SC 29455
Summertrees
Residential
MLS# 26019025 / Active
Tucked away on a quiet cul-de-sac in the established Summertrees neighborhood, this charming 3BR/2BA single-level home offers an inviting blend of ...
925 Edding Creek Drive
Edisto Island, SC 29438
Beckett Plantation
Residential
MLS# 26019024 / Active
``MARSTON``- An Island Creekfront Home designed by renowned Columbia architect RW Molten & crafted by Walter Construction. Features include 3-Story...
100 Autumn Lane
Moncks Corner, SC 29461
Windwood I & II
Residential
MLS# 26019023 / Active
Country retreat with unbeatable convenience -- the best of both worlds. This spacious 4-bedroom home offers a smart, comfortable layout perfect for...
228 Crosswick Street
Summerville, SC 29483
Pineland Preserve
Residential
MLS# 26019022 / Active
The Peachtree at Pineland Preserve offers exceptional living on a beautiful pond homesite. The first-floor primary suite features a stunning boxed ...
The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than EXP Realty LLC are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Last updated on 07-11-2026 11:51 PM EST .
The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2026 Charleston Trident Multiple Listing Service, Inc. All rights reserved.