An El Dorado Lakes condo has just been sold by Annie September-Butler of Beach Cities Real Estate who was the buyer's agent. The sale occurred at 7890 E Spring Street #5C, Long Beach which sold for $219,000 and closed escrow on 08/21/2015. The one bedroom, one bath condo had been on the market for a total of 219 days which was due to the fact that the condo was being sold as a short pay to the bank. This is a private community located near the 605 freeway and the large El Dorado park area. Short sales typically take up to six months or longer to process through the bank since there are several steps involved in getting the sale approved.
First, the condo must go on the market for sale and then an offer is received. The offer is then sent to the
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