California mortgage answers · Selling your home

Selling a California home: the rate you give up, the tax base, the timing and what the house will really get

The seller questions people actually post are rarely about listing price alone. They are about the mortgage they would give up, the property tax base that resets at the sale, whether to rent the house instead, what happens in a divorce, whether the 55-plus move keeps the old tax bill, and what the house will really fetch against the market update they keep reading. Each of those has a financing side and a property side, and the two get decided together or they get decided badly.

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What this topic is really about

The financing side is where a sale stops being a forced choice. Financing the next home before the current one sells changes the order of operations; a refinance can buy out a departing spouse; keeping the house as a rental is a loan question before it is a landlord question; Prop 19 lets some owners carry a tax base, decided by the county assessor. The answers here are the questions valley owners asked in public, answered against how the financing actually works, with the local number and its source on every page.

The property side, the pricing and the marketing, belongs to the local partner named on those pages. The numbers on the loan, the payment and the tax line are run here, in writing, with no credit pull to start.

By market

Every selling your home answer, by where the address is

Murrieta, CA 3

If you sell your house, you’ll never be able to move back. If you sell, it’s a one way trip to Florida. Temecula and Murrieta are very nice. Selling a Murrieta home before leaving California ends the low tax base you have now for good, which is the real fear behind "you can never come back." Renting the house instead keeps that door open, and it is a landlord decision more than a mortgage decision once the loan is set up to match it.
Thinking it is time to sell my rental property Selling a Murrieta rental is taxed differently depending on whether it was ever your primary residence, and that difference usually matters more than the sale price itself.
Parents sold their place in Murrieta to Zillow for 550k...they turned around 3 months later for $610. This isn’t sustainable. A citywide market update or median describes the whole city at once, not a specific parcel, and the number that matters comes from recent comparable sales on that street.

Southwest Riverside County 3

Mortgage rate is less than 3% and my home value almost doubled by 2022, but it’s fell a bit in the last year and a half. Owners in Murrieta, Temecula and Winchester holding a rate under 3 percent describe real hesitation about selling into today’s rates.
There is also a Four Seasons community for 55 plus in Murrieta, The colony is a nice gated community. It always has a single-story home for Owners 55 and up weighing a move to a smaller, single-story home in a Murrieta or Temecula gated community describe the same two questions: which community fits, and whether the county will let them carry their property tax base to the new address.
We purchased a large brand new home in Lake Elsinore 2015-2017 and sold it as part of our divorce. I didn’t have the power to say no. I had to A divorce-forced sale in Lake Elsinore or Murrieta usually runs on a court or agreement timeline, not a market one.

On your file

What changes this answer on your file

The rate and balance on the current loan, which decide whether keeping the house makes sense.
The equity after selling costs, which sets what a bridge, a buyout or the next down payment can be.
Whether Prop 19 lets the tax base travel, decided by the county assessor, not the lender.
Whether the house is a primary residence, a rental or an inheritance, which changes the loan type and the tax treatment.
The market the house is selling into, which sets the timing risk the financing has to absorb.

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Who answers

Nick Nagy

23 years in California lending · NMLS 314880 · CA DRE 01444600 · Loan Factory, Inc.

Dual licensed, so the loan side and the real estate side of a move are looked at as one problem instead of two. Most of what goes wrong in a move is a timing problem wearing a financing costume, and it is cheaper to catch it before you write an offer than after.

Financing is placed through Loan Factory, Inc. Real estate work is under CA DRE 01444600. More about Nick.

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The desk behind the file

One file, 237 lenders competing for it, and a broker who has done this for 23 years.

Loan Factory, Inc. is the brokerage. These are its published figures.

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A retail bank has one guideline book. When your file does not fit it, the answer is no and the reason is rarely explained. A broker shops the same file across the shelf and finds the lender whose box it already fits.

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Straight answers

Questions people here actually ask

The three most asked, in one sentence each. The full answers are on their own pages above.

If you sell your house, you’ll never be able to move back. If you sell, it’s a one way trip to Florida. Temecula and Murrieta are very nice.

Selling a Murrieta home before leaving California ends the low tax base you have now for good, which is the real fear behind "you can never come back." Renting the house instead keeps that door open, and it is a landlord decision more than a mortgage decision once the loan is set up to match it. The full answer, with the local number and its source, is on its own page: https://go.homeaccesslist.com/answers/murrieta/sell-or-rent-when-leaving-california

Thinking it is time to sell my rental property

Selling a Murrieta rental is taxed differently depending on whether it was ever your primary residence, and that difference usually matters more than the sale price itself. The full answer, with the local number and its source, is on its own page: https://go.homeaccesslist.com/answers/murrieta/sell-my-rental-property

Parents sold their place in Murrieta to Zillow for 550k...they turned around 3 months later for $610. This isn’t sustainable.

A citywide market update or median describes the whole city at once, not a specific parcel, and the number that matters comes from recent comparable sales on that street. The full answer, with the local number and its source, is on its own page: https://go.homeaccesslist.com/answers/murrieta/what-is-my-house-worth-really

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What happens after you send it

You tell us the situation. Which end of the market you are in and what you are trying to do. It takes about a minute, and there is no credit pull to start.
We shop the file. One file goes across 237 lenders at Loan Factory, against the programs that actually apply at your price point rather than the one book a single bank keeps.
You get a real number. Written down, with what it rests on, so you can check it yourself. You keep it either way, and when the honest answer is that waiting is the better move, that is the answer you get.