Coto de Caza REO Homes for Sale - Market Update

There are eleven Bank Owned homes for sale in Coto de Caza today, priced from $429K to $1.32M. These include condos and single family homes, and are located in a wide variety of Coto neighborhoods - one in Fairway Oaks, two in Andalusia, one in Chantamar, one in Tanglewood, three in the Village, one in Summerfield, one in Oakmont and one in the Greens. Seven REO homes in Coto are currently in escrow - having sold in an average of 45 days.

Coto de Caza Short Sale Homes for Sale - An Update

Regarding the Short Sale market in Coto, there are 21 homes available to buy as Short Sales. A brand new Short Sale home in Summerfield just hit the market today - listed at $879K and was last offered in…

Coto Sunday Real Estate Update

Sunday, October 26th, 2008 at 12:47pm. 81 Views, 0 Comments.

Coto Home Sale Activity for the Week

The table below shows a summary of the real estate market in Coto de Caza from Wednesday October 15 through Sunday October 25, 2008.

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Category		Single Family	Condo		Total	Short Sale	REO		Median Price		Avg. DOM
Active Listings		123	20		143	23	13		1,195,000

Coto de Caza Weekly Real Estate Market Update 10/15/2008

Wednesday, October 15th, 2008 at 1:30pm. 100 Views, 0 Comments.

Coto Home Sale Activity in the MLS

The chart below shows a summary of the current homes listed for sale in Coto de Caza, including activity for the last week.

Category	Single Family	Condo	Total	Short Sale	REO	Median Price	Avg. DOM
Active Listings	121	19	140	23	13	1,180,000	119

Buying a Fixer, Damaged, or Deferred Maintenance Home in Orange County

Tuesday, October 14th, 2008 at 9:54am. 100 Views, 0 Comments.

Finding the Money to Buy One of the Great Deals on Homes For Sale in Orange County AND Repair the Damage

You know how discouraging it is to look at great homes for sale in terrific neighborhoods in Southern Orange County California only to discover that the baseboards are missing, the once Cafe Latte carpet is now black with mold, the kitchen cabinets do not have knobs and the dishwasher is a wading pool? And do you think in the case of an REO, the bank will pay for any of those repairs?? Well, thankfully there is a loan program available for homes needing repairs that you may be interested in knowing about. It’s call the HUD 203K and here are some highlights:

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More Rules for Buying Bank Owned Homes in Orange County

Thursday, October 2nd, 2008 at 7:45pm. 89 Views, 0 Comments.

Be sure to read about Rules 1-4.

Rule #5: Don't get charged for the Bank's delays

When negotiating the purchase of a Bank Owned property in Orange County, the Bank will almost always insist that you to agree to pay for any delays in the close of escrow that are caused by you. The charge will be in the form of a "per diem" amoun, typically around $100 to $200 per day. The amount can vary widely based on the value of the home. This agreement ensures that the deal closes quickly, which is one of the key goals of the bank when selling an REO, but you must be aware that it is also likely that the Bank may be the one who causes any delay. On a recent Bank Owned transaction, it took the bank 3 weeks to find the deed to the property, caused a chain…

October 2008

Coto de Caza Bank Owned Real Estate - Market Update