Outer Banks Short Sales News Ocean front home in Corolla sells! Posted by dawnstultz 10/27/2011 This beautiful home at 783 Columbia Road, Corolla, NC 27927 finally sells as a short sale for $1,602,500. This seven bedroom home has all amenities including both an indoor and outdoor pool plus game room. Rental income was over $160,000 last year before expenses. Foreclosures have been declining but the short sales are becoming the way for investors to still get a great deal on Outer Banks real estate. If any questions regarding our market, please email me at email@example.com or phone at 252-489-8687. You may search the entire Multiple Listing Service including all OBX short sales and foreclosures by visiting http://www.investinobx.com/.