Bank of America Short Sale is moving along quickly. I am the listing agent and a certified Short Sale specialist negotiating directly with the bank. Just uploaded Buyer’s FHA offer into Equator. Follow this Sansovino neighborhood transaction (MLS #: U12000749) and monitor how quickly we close this FHA Approved Condo in Ladera Ranch, CA. Have a look at this terrific Orange County bargain at www.28MarcillaLaderaRanch.com
Newport Beach Summary: The median sales price for homes in Newport Beach CA for Aug 11 to Oct 11 was $1,005,250. This represents a decline of 11%, or $124,750, compared to the prior quarter and a decrease of 7.8% compared to the prior year. Sales prices have depreciated 28.2% over the last 5 years in Newport Beach. The average listing price for Newport Beach homes for sale on Trulia was $2,164,609 for the week ending Nov 23, which represents a decline of 2.8%, or $62,037, compared to the prior week and an increase of 2%, or $41,976, compared to the week ending Nov 02. Average price per square foot for Newport Beach CA was $690, a decrease of 9.6% compared to the same period last year.
Newport Coast Summary: The median sales price for homes in Newport Coast CA for Aug 11 to Oct 11 was $1,510,000 based on 42 home sales. Compared to the same period one year ago, the median home sales price decreased 8.5%, or $140,000, and the number of home sales decreased 17.6%. There are currently 145 resale and new homes in Newport Coast on Trulia, including 3 open houses, as well as 11 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Newport Coast CA was $4,367,229 for the week ending Nov 23, which represents a decrease of 2.4%, or $105,831, compared to the prior week.
Corona del Mar Summary: Average price per square foot for Corona del Mar CA is $1,096, an increase of 5.6% compared to the same period last year. The median sales price for homes in Corona del Mar CA for Aug 11 to Oct 11 was $1,565,000 based on 48 home sales. Compared to the same period one year ago, the median home sales price increased 11.8%, or $165,000, and the number of home sales increased 6.7%. There are currently 184 resale and new homes in Corona del Mar on Trulia, including 10 open houses, as well as 15 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Corona del Mar CA was $2,865,804 for the week ending Nov 23, which represents a decrease of 2%, or $57,760, compared to the prior week
You deserve a real estate agent who cares about you and puts your needs first. Your agent must also have the skill to get the job done. As an industry veteran, HREU and PSC graduate, I can give you both.
Short sales are a large part of today’s market, but few agents have the specialized training needed to complete them effectively. These transactions are complex and difficult. They also carry hidden risks for you as a seller or buyer, which an inexperienced agent may not even be aware of.
I have a track record of successful short sales, and my Pre-foreclosure Specialist Certification assures you that I have completed the most rigorous short sale training in the industry. With the skill I’ve acquired, I will help you navigate the sale process to a successful close.
Here are some of the elements of that process:
•Establish a competitive price
•Communicate with lenders and gain their cooperation
•Execute aggressive marketing plan
•Guide seller in selecting the right offer
•Assemble an airtight short sale submission package
•Negotiate settlement terms with junior lien holders
•Seek complete release of debt liability on all mortgages
•Gain cooperation of homeowners’ association and mortgage insurers
•Monitor settlement process from beginning to close
It should be clear that your transaction needs the skilled hand of an expert.
I’ll provide that for you. You can obtain peace of mind by placing the burden on me to accomplish selling your home as a short sale.
I can also tell you about government plans that may help you, such as the
Home Affordable Foreclosure Alternatives (HAFA) program.
Please contact me… We’ll work together to build your future.
“Agent Mary Lou is a “Certified Property Valuator”
which Banks, Asset Managers and Homeowners rely on.
Agent Mary Lou Skowronski DIRECT: 949-723-4930 DRE#: 01398486
Coldwell Banker Platinum Properties FAX: 949-266-8665 CELL: 949-355-6169
Every market has experienced a decline in housing prices including Newport Beach, CA.
However, our coastal communities will continue to be a popular purchase choice by investors because the Newport Beach Real Estate greatest value is in the land closest to the ocean. “The higher you are the harder you fall” is true with the bargains that can be found on the waterfront. I believe there will always be a buyer for these luxury homes because history has proven that Newport Beach homes recovery rate is greater than most other areas.