subject: Short Sales Provide The Best Value When Buying Laguna Beach Real Estate [print this page] Savvy home buyers would always consider short sales in Laguna Beach when it comes to real properties with the best value. With the seasonal dip in the Laguna Beach real estate markets, serious home sellers are more open to negotiations and further accommodations in order to lock in and close the deal with a prospective buyer. If you have been seriously considering of buying a Laguna Beach home that offers the best value, then this is the best time for you to start your search.
Notwithstanding the lingering problems in the real estate market and the bad economy, we are seeing a growing number of local and foreign-based property investors who are now taking the short sales route in their search for sound property investment options in Southern California. One should look at the silver lining of the tough times. You need to be forward looking and you have to closely monitor leading economic indicators so that you will be able to make more informed choices. The high value homes in Laguna Beach that are on the brink of foreclosure remain high, and this means that we have more short sale homes in Laguna Beach than we could possible handle. Home price averages remain low and are still way off their initial value. In fact, the situation cuts across all segments and it is not surprising to see short sale homes being sold at prices that are nearly half their original value.
Lenders are more lenient and flexible when it comes to transactions involving short sales, and this means that it is the best time for serious home buyers and property investors to consider this option when searching for high-value homes in Laguna Beach. Obviously, you are guaranteed that you won't be paying more than what the home is actually worth. On top of that, you get the best vantage points where you can enjoy the beauty and allure of the beach and the Pacific. Home prices are low and when it comes to upscale gated communities in Laguna Beach, the buying opportunities get even better. For serious buyers, it would not be surprising to find homes with price tags that are 50 percent lower than their original values.
You can still find a good number of short sales in Laguna Beach. It is easy to find the latest list of real properties that are on short sale. The challenge comes from the competition for the best buys as it is normal to see a lot of serious home buyers who are ready to snatch up high-value properties on short sale as soon as they get listed. Thus, don't be surprised if you find a real property in Laguna Beach with multiple offers. In fact, most of these homes are bought within a short period of time and well over the asking price.
