If you should be dealing with foreclosure in San Diego, CA as well as can no longer manage your home, you may qualify for a Short Sale. A San Diego short sale is when a homeowner sells his/her residential property for less than the quantity owed on their home loan. If your home loan firm accepts a brief sale, you can sell your house and repay all of your home loan balance with the proceeds. Depending on your circumstance, you may be required to produce a monetary payment to get a brief sale. A lot of loan providers would certainly choose a brief sale in San Diego, CA to a foreclosure process due to the fact that it permits them to recoup as much of the original lending as you are able to without a pricey legal process.