Thx for starting another thread and I love that we are talking about RE more everyday. First house cleaning – I’m sdrealtor. The other guy showed up about 4 months after me and copied my name before moving out of state. Im the original and while I took a break for several years the last man standing.
92127 is red hot and maybe the hottest Ive run into. Good for you getting one under contract and hopefully they are looking for their next home elsewhere. Sellers usually find a place but with inventory as tight as it is its hard to predict. You can always extend but your biggest risk is a few comps close much higher than your contract price. In that case the seller may just let your contract lapse so they can come back on the market at a higher price. Hope it all works out for you.
My experience with seller liens is that the creditors will generally cooperate and moreso in times like this. I had a listing about 10 years ago where the sellers wife embezzled from her employer and went to jail. The employer had liens on the house and the husband (had no idea what his wife was doing) wanted to get out and start his life over. I had to deal with employers attorney and found him tough but reasonable. We got it settled.
Lastly while you may have property in 92078 it has really become Baja Carlsbad the last 15 years and is more associated with the coast these days than inland. I dont know that I would even put it with 92069 anymore as SM has become very bifurcated. Its not quite the coast but with all the new upscale tract homes its definitely no longer looked at in the category as Escondido.
Speaking of Escondido what a diverse community. It kinda reminds me of Oceanside in that rather than being a single place it is 4 or 5 very different places. The addition of Harmony Grove only increased that diversity of housing types.
