San Clemente Short Sales

If you are in the market to find San Clemente gated community homes for sale under $800,000 then we recommend the following three locations.  The first location is the Vittoria community located in Talega.  This gated community shares the common gated area with the upscale "Catania" area and features large two story Mediterranean style homes for sale (see picture below).  A recent home just came on the market there for $750,000 that features over 3,000 square feet with peek views of the ocean.  The home has the main living quarters on the ground level with living, dining and family rooms.  There is even a downstairs den/office that could be used as a bedroom.  Upstairs features 3 additional bedrooms with a large master suite with it's own private…

One of the best spots to find ocean view homes in San Clemente under $1 million dollars is the Reserve West community.  It was only a couple of years ago where the thought of buying an ocean view property in this gated community was only a dream.  Now with the recent downturn in real estate prices ocean view homes have been coming on the market in this price point.  What is "The Reserves?"  The Reserves is a gated community that was master planned to feature four luxury gated communities in the Forster Ranch area of San Clemente.  The communities are located just 3/4 of a mile to the beach and feature direct ocean views down the Marblehead valley.   The homes are newer construction which is the main draw in comparison to the Talega area homes.  In…

A Dana Point short sale home just been sold by San Clemente Real Estate agent Sam Smith who represented the seller in this real estate transaction.  24941 Seagate, Dana Point CA is located in the beautiful gated community of Waterford Point area and is considered one of the best values when looking for a home in a secure community and sold for $450,000.  The homes around the front perimeter of the community have wonderful ocean views while homes on the interior have great canyon and mountain views.  This short sale successfully closed by the short sale specialists at the Sam Smith Team.  Upstairs featured a wonderful open space with a large living & family room.  In addition, a separate dining and breakfast nook added to the upstairs living space. …

A San Clemente Short Sale has just been sold by San Clemente Short Sale agent Sam Smith of Beach Cities Real Estate where he represented both the buyer and the seller in this real estate transaction. 124 Avenida Santa Margarita a traditional short sale where the owners owed more to the bank and were no longer able to afford the monthly bank mortgage payments. The property featured two large bedrooms and two additional non-permitted rooms located in the back part of the house. The location was ideal as the beach was just several blocks away. The home back to Camp Pendleton and located in the Southeast area of San Clemente. The home was negotiated successfully and sold for $400,000. Sam Smith specializes in helping sellers short sell their homes and offers…

Relocating can always be challenging when considering moving from your current home location.  Moving to an area that you are not familiar with can be scary and not understanding the nuances and price factors that contribute to the different areas can be challenging if you are not working with a skilled San Clemente Realtor.  A good San Clemente Real Estate agent can give you a brief rundown of the city and help you find the perfect San Clemente community for you.  There are so many great areas in the San Clemente area but local knowledge of factors that may effect home prices need to told to any prospective buyers.  These factors can include land shifting, freeway proximity and noise as well as residential and mixed use areas.  Also, make sure to…

As with most home buyers in today's market, everyone seems to be looking for a deal.  San Clemente is a great place to find ocean view condos under $200,000!  The inventory of condos at the current moment is extremly low as most sellers don't put their home on the market until the spring and summer times.  If you are in the market to buy a condo with a budget of under $200,000 you may be interested in this ocean view condo located at 2501 S El Camino 215, San Clemente that was listed by Sam Smith of Beach Cities Real Estate for $184,500!  The condo has been newly renovated with textured ceilings, new carpet, paint and laminate flooring.  One of the great features of this condo is the ocean & golf course views.  If you are in the market to buy a condo in…

The housing market has really started off quickly here in 2012 and we are seeing a record number of buyers out in the marketplace looking for homes.  With the current low inventory of homes finding a home that fits your needs may be tough until we get into the spring and summer months.  If you are looking ahead and wanting to find a home near the San Clemente high school we recommend a couple of areas.  The homes located directly above the high school is called the Broadmoor area.  Here you will find single level homes that are situated to maximize the ocean views.  If you find one high enough on the hill then the views of the ocean can be amazing.  Just east of the high school is the Rancho San Clemente area which has a large number of communities…

If you are looking for tax shelters in today's economy many are turning away from the stock market and heading towards the real estate arena. With record low prices and rock bottom interest rates buying homes has never been cheaper. This is especially true for real estate investors that are buying homes with interest rates in the 4% range! This is something I thought I would never see happen. Buyers are now realizing that their monthly mortgage payment may be less then the amount of rent they can bring in on lower end properties. This can be achieved with putting as little as 20% down for homes under $300,000. We have several clients looking to buy multiple properties in this price range due to the affordability factor and monthly cash flow they will…

San Clemente is a hot destination for those who love to surf and there is no better place to catch some waves then the famous Trestles surf break located in San Clemente on the Orange and San Diego county boarder.  Many surfers are now relocating to the San Clemente area and looking for homes near this famous surf break.  If your budget allows then you will want to buy in the three gated communities located near Trestles.  These three gated communities consist of "The Breakers," "Cyprus Cove," and "Cyrpus Shore."  Homes don't come cheap in these communities so plan to spend at least $1 million dollars to find a home here with ocean front homes starting around $5 million.  The flip side is that you will reside in a gated community with an easy walk…

The Talega area is rich in short sale deals and the Terra Linda community is no exception. Terra Linda is a great place to find large two story Spanish and Mediterranean style homes in the low $600,000 range. When it comes to short sales it helps to have an approved price from the bank. Often times real estate agents will advertise their listing as "Approved Short Sale." Basically, this means that they had a previous offer that was submitted to the bank at a certain price. The bank reviewed both the offer and seller's hardship and approved the buyers offering price. This is what we call an "Approved Short Sale." The reality is that short sales take a long time from start to finish and approval's can take anywhere from a couple of weeks to 6 months.…