Updated almost 8 years ago on . Most recent reply
Short sale properties and auctions
Do all short sale properties end up being sold in auctions?
Most Popular Reply
Most short sale owners pulled them off the short sale market. It was less than 30% getting sold and It may eventually be in auction and majority 90% are pulled off. So you are looking at 0.7 x .1 (%) =7% chance it will be sold through auctions and also on MLS concurrently. That probability sale number changes from location to location.
Short sale refers that the owner actually want to put it on the market not someone who is underwater.