Selling Your Oceanside Home in a Short Sale: Here's the Latest Market Data
By Melissa Zavala, Broker, Escondido Real Estate, San Diego County
(Broadpoint Properties)
Are you considering selling your home in Oceanside, California? Do you owe more to your mortgage company than your home is worth? If that is the case, then you may need to list your property in a transaction called a short sale. A short sale is a transaction where the property is sold for less than the amount of the debt, and the lender agrees to this sale. It is a transaction that requires patience and a bit of paperwork, but short sales are very successful in our current real estate market. Whether you live in Oceanside, San Marcos, Vista, or Carlsbad or anywhere else in San Diego County and beyond and you want to sell your home, you will need to be informed about the real estate market in your area in order to determine whether you will need to sell your home in a short sale. What i...
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