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Outer Banks Short Sales - A short sale is explained in detail in our Buyer Guide, but basically involves a seller selling a property "short" of the net amount needed to pay off the mortgage. "Distressed, Underwater, Upside down and negative equity" are all terms used to describe these OBX short sale properties. .


Although the short sale takes a while to complete, the advantages make it one of the best distressed property options on The Outer Banks today. Nags Head, Corolla, Duck, Hatteras and Kill Devil Hills have excellent short sales this year.
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MLS 72759 MLS #: 72759
RESIDENTIAL
(Single Family - Detached)

Asking Price:
$49,900
Year Built: 1940
DETAILS
Area: Gates County
Subdivision: None

Wonderful opportunity to own a property with a country setting and a everyone knows everyone feel. This home has also been updated inside and shows very well.

3 Bedrooms
1 Bathroom
1501-2000 Sq. Ft.

MLS 68657 MLS #: 68657
RESIDENTIAL
(Single Family - Detached)

Asking Price:
$64,982
Year Built: 2005
DETAILS
Area: Jarvisburg to Poplar Br.
Subdivision: Walnut Isle Est

No, you are not dreaming! Here is a 3rd approved short sale price reduction by the bank. They want to see this property off their books!! Love boating and fishing? Love quiet and seclusion? This is the one! This charming property looks incredible and will not require much to restore to it's former glory and has direct access to the Currituck Sound. If you lean over the canal you can catch a glimpse of the sound. '05 built home with over 1,000. s.f of living space located on a canal where you are just yards from the sound, you'll find many upgrades in this double wide. The quiet surroundings offer a walk way, split rail fence and 60 feet of water frontage. You can enjoy the waterfront view on the 32x12 deck or on the patio a few feet from the water. Vaulted ceiling, skylight, garden tub in the master bath, awesome spacious kitchen with pantry, oak kitchen cabinets, center aisle and laundry room. This home was lovingly maintained and it shows. Such an amazing setting this small section of Walnut Island is the best kept secret and only 20 minutes to the beach. *** Cash offers only, not hooked up to sewer, will cost approx. $4,300.00 for hook and plumbing. Please note: the storage shed does not convey and is not located on the property.The property lines on the right side are located just outside the split rail fence.

3 Bedrooms
2 Bathrooms
Less Than 1000 Sq. Ft.

MLS 72521 MLS #: 72521
RESIDENTIAL
(Single Family - Detached)

Asking Price:
$79,804
Year Built: 2000
DETAILS
Area: Jarvisburg to Poplar Br.
Subdivision: Walnut Isle Est

Property is offered as a "short sale" and is to be sold in its "as is" condition. Small but cute; beautiful canalfront location. Bulkhead in good condition.

1 Bedroom
1 Bathroom
Less Than 1000 Sq. Ft.

MLS 71671 MLS #: 71671
RESIDENTIAL
(Single Family - Detached)

Asking Price:
$79,900
Year Built: 1956
DETAILS
Area: Jarvisburg to Poplar Br.
Subdivision: None

Wow! Do you want a mortgage payment of $500 a month or less? This is the home for you. Super deal for a 3 bedroom, 2 bath ranch on an acre lot. Oak flooring throughout home with knotty pine paneling. Double hung vinyl windows added in 1996, vinyl siding and new roof in 2005. Commercial zoning. Show and sell. Short sale -- bring all offers.

3 Bedrooms
2 Bathrooms
1501-2000 Sq. Ft.

MLS 72398 MLS #: 72398
RESIDENTIAL
(Single Family - Detached)

Asking Price:
$100,000
Year Built: 1989
DETAILS
Area: Gates County
Subdivision: None

Enjoy country living in this spacious brick home on 1/2 acre. This home features a relaxing living room, open kitchen with dining area, spacious den, and master suite.

3 Bedrooms
2 Bathrooms
1501-2000 Sq. Ft.

MLS 68339 MLS #: 68339
RESIDENTIAL
(Single Family - Detached)

Asking Price:
$120,000
Year Built: 1970
DETAILS
Area: Manteo-S. of Airport Road
Subdivision: Cross Court

Three bedroom, 2 bath Ranch home tucked away on Historic Roanoke Island with great potential. Home needs new flooring and baths need updating. Nice size Family room, Eat-in Kitchen and wood burning fireplace in the living room. Home has back-up radiant heat and well water but County water is available. Quiet street with no through traffic and only 4 neighbors original to the block. With a little TLC this will make a nice affordable home for First-time Buyers and the one level living is perfect for retirees!

3 Bedrooms
2 Bathrooms
1001-1500 Sq. Ft.

MLS 70836 MLS #: 70836
RESIDENTIAL
(Single Family - Detached)

Asking Price:
$125,000
Year Built: 2003
DETAILS
Area: Aydlett to Barco
Subdivision: Blue Fin Marine

Great Short Sale opportunity in Aydlett!! This well maintained 3 bedroom 2 bath house is located on a private dead end street that is surrounded by woods. Enjoy country living while only being about 25 minutes from the beach or Chesapeake. This is not your average modular home as it is offers a big kitchen with seperate dining area, living room and den. The master bedroom has a seperate sitting/office area along with a huge bathroom. The yard is well maintained and offers plenty of space to enjoy to the outdoors.

3 Bedrooms
2 Bathrooms
1501-2000 Sq. Ft.

MLS 72610 MLS #: 72610
RESIDENTIAL
(Single Family - Detached)

Asking Price:
$125,021
Year Built: 1988
DETAILS
Area: Colington Harbour
Subdivision: Colington Hrbr

3 Bedrooms
2 Bathrooms
1001-1500 Sq. Ft.

MLS 53839 MLS #: 53839
RESIDENTIAL
(Condo)

Asking Price:
$129,900
Year Built: 1987
DETAILS
Area: Kitty Hawk Westside
Subdivision: Sandpiper Cay

THIS CHARMING FIRST LEVEL 2 BEDROOM CONDO IS LOCATED WITH ITS ENCLOSED PATIO FACING A QUIET OPEN AREA AND SUNSETS. HOW PERFECT! SANDPIPER CAY COMMUNITY IS CLOSE TO EVERYTHING BUT FEELS SECLUDED WITH ITS SPACIOUS BEAUTIFULLY LANDSCAPED GROUNDS. A CLUB HOUSE WITH THE COMMUNITY POOL AND TENNIS COURTS ACROSS THE WAY MAKE THIS THE PERFECT OUTER BANKS HOME. THIS BRIGHT 2 BEDROOM UNIT HAS A BRICK FACED WOOD BURNING FIREPLACE IN THE GREAT ROOM. THE SOFA TURNS INTO A BED FOR ADDITIONAL GUESTS. THE MASTER BEDROOM BOASTS A SLIDING GLASS DOOR TO THE SUNNY COURTYARD ENCLOSURE, UPDATED PINE FURNITURE, BERBER CARPETING, A LARGE WALK THROUGH CLOSET AND FULL BATH WITH TUB SHOWER. THE SECOND MASTER BEDROOM HAS VIEWS OF THE SPACIOUS GROUNDS AND A FULL BATH ACCESSED BOTH FROM THE BEDROOM AND HALL. A STACKED WASHER/DRYER IS CONVENIENT TO THE KITCHEN. THE KITCHEN IS OPEN TO THE GREAT ROOM FOR EASY CONVERSATION. A MUST SEE PROPERTY!

2 Bedrooms
2 Bathrooms
Less Than 1000 Sq. Ft.

MLS 71970 MLS #: 71970
RESIDENTIAL
(Single Family - Detached)

Asking Price:
$132,000
Year Built: 1976
0.34 Acres
DETAILS
Area: Maple to Moyock
Subdivision: Tulls Bay Colony

All brick home offering 3BR/2BA,eat-in kitchen,living room and large fenced yard. Unfinished projects have been started in the house.Un-finished room upstairs could be turned into 4th bedroom.

3 Bedrooms
2 Bathrooms
1001-1500 Sq. Ft.

MLS 72266 MLS #: 72266
RESIDENTIAL
(Single Family - Detached)

Asking Price:
$134,800
Year Built: 1976
0.24 Acres
DETAILS
Area: Pasquotank County
Subdivision: Homestead Village

Bank approved short sale. Bring all offers. Brick home on corner lot. Some repairs needed. Home sold in its current condition. Big home with lots of potential.

3 Bedrooms
3 Bathrooms
1501-2000 Sq. Ft.

MLS 72269 MLS #: 72269
RESIDENTIAL
(Condo)

Asking Price:
$139,000
Year Built: 2005
DETAILS
Area: Kill Devil Hills Westside
Subdivision: Bermuda Bay - Cambridge Cove

POTENTIAL SHORT SALE...BRING OFFERS NOW! Spacious END UNIT Townhouse style Condo with 3 bedrooms, 3 full baths, and 1 half bath...priced to sell fast! Community offers incredible amenities...outdoor pool, waterslide, lazy river, water toys, cabanas, sand volleyball, and clubhouse! Great central location on the Outer Banks and within walking distance to schools & the Wright Brothers National Memorial!

3 Bedrooms
3 Bathrooms
1501-2000 Sq. Ft.

MLS 71131 MLS #: 71131
RESIDENTIAL
(Single Family - Detached)

Asking Price:
$149,800
Year Built: 1989
0.93 Acres
DETAILS
Area: Pt. Harbor to Powells Pt.
Subdivision: Pinewood Acres

Ranch style home with large rooms. The kitchen and family room have sky lights and the home has a fireplace. Master bedroom has two closets and private bathroom. There is an attached 2 car garage and an above ground pool with a very large deck encasing the entire pool.The roof is approximately 8 years old, the back yard is large, private and fenced. The HVAC is not working and needs to be replaced but the property is sold "AS IS" and no repairs will be made however a home inspection is welcome. This is a short sale priced below tax value for a quick sale. Sellers' says to bring an offer. Sale price is subject to lender approval and commission split also. 50/50 commission split.

3 Bedrooms
2 Bathrooms
1501-2000 Sq. Ft.

MLS 56680 MLS #: 56680
RESIDENTIAL
(Single Family - Detached)

Asking Price:
$158,900
Year Built: 1984
DETAILS
Area: Colington Harbour
Subdivision: Colington Hrbr

Great starter home with alot of potential. Large storage under. New deck and steps on front. Enjoy all the ammenities of a Gated Community. Entertaining all reasonable offers.

3 Bedrooms
1 Bathroom
Less Than 1000 Sq. Ft.

MLS 73047 MLS #: 73047
RESIDENTIAL
(Single Family - Detached)

Asking Price:
$159,000
Year Built: 2005
DETAILS
Area: Jarvisburg to Poplar Br.
Subdivision: Tucker's Lair

Super clean, well maintained short sale home on almost an acre of level cleared land, plenty of room to grow. Quiet affordable country living just off the beaten path. Real nice master suite and open floor plan.

3 Bedrooms
2 Bathrooms
1001-1500 Sq. Ft.

MLS 73364 MLS #: 73364
RESIDENTIAL
(Condo)

Asking Price:
$159,000
Year Built: 2004
DETAILS
Area: Manteo-S. of Airport Road
Subdivision: Shallowbag Bay

Perfectly priced short sale ready for the 2012 rental season. great condition in the end building with excellent views of the sound and Nags Head!

1 Bedroom
1 Bathroom
Less Than 1000 Sq. Ft.

MLS 72604 MLS #: 72604
RESIDENTIAL
(Single Family - Detached)

Asking Price:
$159,900
Year Built: 1930
0.12 Acres
DETAILS
Area: Colington
Subdivision: None

Must see this meticulously maintained little home. Perfect home with one level living and low maintenance yard. Home was COMPLETELY remodeled in 2007. This home was remodeled from the shell. Inside the exterior block walls were remodeled with 2x4's, additional insulation. Cathedral (10ft) ceiling in living, kitchen and dining area. Large interior 3'0 doors were implemented throughout which enable a handicap friendly home. All new wiring, plumbing, windows and a new roof. Ceramic tile in baths.The kitchen has custom cabinets. There is a small attached storage room on the rear of the home. Plenty of floored attic space inside home, for additional storage there is an access panel on the porch which emcompasses the front space in the "A" of the home.

2 Bedrooms
1 Bathroom
Less Than 1000 Sq. Ft.

MLS 71067 MLS #: 71067
RESIDENTIAL
(Single Family - Detached)

Asking Price:
$171,000
Year Built: 1986
DETAILS
Area: Colington Harbour
Subdivision: Colington Hrbr

Not your ordinary saltbox! Cathedral ceilings, bay window, and juniper wainscoting create a comfortable, relaxed feeling in living area. Sliding door in living room opens to rear deck shaded by beautiful live oaks and other hardwoods. Rear decks overlook private landscaped backyard, ground level deck/patio, and outdoor shower.The chef's kitchen is complete with stainless steel gas stove/oven, dish washer, AND countertops! Cast iron double sink. Spacious bonus room with separate utility (laundry) room, workshop, and garage comprise ground level. New paint inside and out in 2007.New heat pump 2008. New carpet and bathroom cabinetry 2009. Very well maintained home in a tranquil boating community!

3 Bedrooms
2 Bathrooms
1501-2000 Sq. Ft.

MLS 72491 MLS #: 72491
RESIDENTIAL
(Single Family - Detached)

Asking Price:
$179,000
Year Built: 1974
DETAILS
Area: Frisco Soundside
Subdivision: Brigands Bay

I can't wait to capture some great sunset photos to share with you. This spot is perfect! The new back deck will be a favorite place. Enjoy hoping in your boat from your own back yard on this bulkheaded canal with dock. This is a simple cottage where you can enjoy the fishing and the views. The sun sets directly down the center of the canal. The exterior has just been painted and the canal side decking is new. Brighten the interior with a little paint and enjoy your new island getaway. Previous history as a weekly rental cottage. Currently rented to full timer on a month to month basis. This is a short sale listing subject to the lien holder's approval.

3 Bedrooms
2 Bathrooms
Less Than 1000 Sq. Ft.

MLS 72897 MLS #: 72897
RESIDENTIAL
(Single Family - Detached)

Asking Price:
$179,000
Year Built: 1987
DETAILS
Area: Colington Harbour
Subdivision: Colington Hrbr

Catch a glimpse of the sound from your new 16x16 sun deck. 3 bedroom, 2 bath home with a new 16x32 family room. Large living without the large price. Nice sound views. New sliding glass doors, new dishwasher, new paint, exterior and interior. Downstairs laundry room/workshop, heated and cooled. No flood insurance required. Large private master suite on upper floor. 2 bedrooms, bath, 2 family rooms and kitchen on 2nd floor.

3 Bedrooms
2 Bathrooms
1501-2000 Sq. Ft.

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Anna Hunt , Senior Broker, Realtor
P.O. Box 119
Kitty Hawk, NC 27949
866.340.1166 toll free
252.441.9997 local
Email Anna Hunt

Information equals power. I research all the tax, deed and insurance documents plus satellite photos for client's at every showing, whether we show 1 house or 6. Complete, detailed property information trumps any advantage the Sellers have in negotiations.

Contact Anna Today

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