Short Sale Homes in Coto de Caza
The homes listed here are active MLS listings for short sale, foreclosure, or notice of default homes inside the premier gated community of Coto de Caza. "Short Sale" indicates that the seller is trying to sell the home for less than they owe the bank, while "NOD" or "Notice of Default" status is triggered when the owner has missed a payment, with the "Foreclosure" process being the last step bofore a trustee's sale and eventual REO status. Homes early in the foreclosure process such as these may be aquired at a significant discount to the general market, even in an area known for it's exclusive lifestyle and multi-million-dollar estates. Be sure to check the Distressed Real Estate page for tips on buying a bank owned home.
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For more information about foreclosures or Orange County real estate, contact Leslie Eskildsen, Realtor, Coldwell Banker Previews Int'l. Phone: (949) 678-3373 Fax: (949) 709-1994
