Short Sales are a fact of today's economy as many homeowners are choosing to sell their home as a short pay to the bank instead of letting the home go into foreclosure. Talega homes have come down dramatically in price since the height of the market in 2007. Homes are nearly 50% off which has caused many Talega homeowners to owe more than their home is worth. Due to this fact you see many Talega short sales on the market. If you are in the market to buy a home in the $500,000 range then Talega offers many communities to find nice two story homes. One of the key things to look for is "approved short sales." Short Sales can take anywhere from 3 to 6 months if the seller is just starting the short sale process. Finding an approved short sale will dramatically shorten the time can get an approval on a short sale and close on the transaction. The Solana community offers an approved short sale home for $525,000 and is available now. Please consult with a local San Clemente realtor to find the best deals that San Clemente has to offer.