Laguna Beach, CA

This was a unique situation where we were able to negotiate with the lender to reduce the second mortgage substantially. What was once looking like a shortsale – where the homeowner would lose everything -ended up becoming an equity sale. We then changed our strategy and listed the house on the open market. This allowed us to sell it at a higher price, and for the owner to walk away with $200,000+. Though it takes away from our profitability at times,  we do our best to help our clients out of sticky situations; especially if there’s enough room for everyone to gain

Details

Laguna Beach, CA 92651

Standard Sale

Selling Price: $1,985,000

Bedrooms: 4
Bathrooms: 4
Sq ft: 3,100
LTV: 67%
ROI: 16%