My Property Manager
Log In | Sign Up

Transaction Manager
Veltri Xtranet (Members Only)
Your resource for thousands of real estate listings by Veltri Realtors and nearly all others!
Call Me! I work with short sales all the time and will guide you through the process.


A short sale is a sale of real estate in which the sale proceeds fall short of the balance owed on the property's loan.

Short Sales Search By

  Garden State Region Middlesex Region
  Monmouth/Ocean Region Atlantic Region
  TREND Region  

It often occurs when a borrower cannot pay the mortgage loan on their property, but the lender decides that selling the property at a moderate loss is better than pressing the borrower. Both parties consent to the short sale process, because it allows them to avoid foreclosure, which involves hefty fees for the bank and poorer credit report outcomes for the borrowers. This agreement, however, does not necessarily release the borrower from the obligation to pay the remaining balance of the loan, known as the deficiency.


Browse by County:

Atlantic County Real Estate | Bergen County Real Estate | Burlington County Real Estate | Camden County Real Estate | Cape May County Real Estate | Cumberland County Real Estate | Essex County Real Estate | Gloucester County Real Estate | Hudson County Real Estate | Hunterdon County Real Estate | Mercer County Real Estate | Middlesex County Real Estate | Monmouth County Real Estate | Morris County Real Estate | Ocean County Real Estate | Passaic County Real Estate | Salem County Real Estate | Somerset County Real Estate | Sussex County Real Estate | Union County Real Estate | Warren County Real Estate

Live Help! Toll Free 1-866-4VELTRI 9:00AM to 6:00PM EST
©2010 Veltri Real Estate Associates, LP ~ Equal Opportunity Employer~ All Commissions in New Jersey are Negotiable

Veltri & Associates, Realtors, a full service New Jersey real estate agency that combines both traditional and Internet sales capabilities including residential sales and rentals, commercial, adult community, new homes, luxury homes and estates, vacation homes and rentals as well as worldwide relocation. The company features an array of flexible listing fee plans as well as a broad range of compensation opportunities for its sales associates.