Huntington Beach Short Sales

You will find many Huntington Beach Short Sales in Huntington Beach, California which provide home buyers with excellent opportunities to capture good deals in today's real estate market.

Found 22 blog entries about Huntington Beach Short Sales.

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When comparing real estate prices in Orange County for beach properties some of the best values can be found in the city of Huntington Beach.  There are still many single family homes that can be found for under the $1 million dollar price point which is almost impossible to find in neighboring beach towns like Newport Beach, Laguna Beach, Dana Point and San Clemente.  One of the reasons for these affordable homes is the size of Huntington Beach which has a large number of beach homes that were originally built in the 1950's and 1960's.  A lot of these homes were mass produced at the time so there is a large number of inventory of these types of properties which keeps the prices down.  These one story homes often feature a similar floor plans with three

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When I first move to the Orange County and was looking at homes the word that a lot of real estate agents would use was that the home was "turnkey."  At first I had no idea what they were talking about since it seems to be real estate lingo but quickly understood what they were talking about.  Basically, the phrase means to turn the key and enter the home without having to do any repairs, etc.  This phrase is used so much that it's the one keyword to look for if you are in the market to find a home that doesn't need any work done to it.  Huntington Beach has several homes currently on the market that are in this condition with a wide range of prices from smaller residential condos to single family homes.

Buyers in this current real estate market are

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One of the common requests we get from our clients is finding a home that comes with inside laundry.  Of course, for larger homes this a pretty much a common thing to have as many luxury homes even come with their own individual laundry room.  For smaller homes and condos this is a common question as laundry areas can be located in the garage and for residential condos you may find the laundry in the community laundry facility.  In fact, one of the first questions we get from condo buyers is regarding the laundry and having inside laundry is a huge selling feature.  You will sometimes see in condo listings that a unit comes with laundry hookups which often equates to having inside laundry as well.

Probably, the most asked question for those looking to

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Huntington Beach is a very diverse beach town with a great variety of residential homes and condos.  For the most part, there are many residential single family homes that were built in the 1950's and 60's with one story level and three to four bedroom floor plans.  The city since then has grown much larger and has expanded on this smaller building floor plan.  Now many of the homes offer a variety of options including homes that have separate entrances.  These can be used for a variety of reasons which are explained here.

First, having a separate entrance is ideal for a guest casita or mother-in-law suite.  This works out perfectly for extended family members and out of town guests who need a separate living space from the main house.  Having a

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Seabridge Villas is a very large condo commmunity located off Beach Blvd and just blocks to the beach in Huntington Beach, California.  Over the last several years we have seen the number of bank owned and foreclosure homes go dramatically down in the Huntington Beach area.  These distressed properties due come on the market from time to time so we are excited to learn about a new real estate owned property that came on the market in the Seabridge Villas neighborhood.

The studio unit comes with nice views and includes an exterior balcony and underground parking and listed for sale at $234,900!  This is a great deal for a community that offers a resort style pools, spas, waterfalls and located in a secure gated community!  The location is very close to

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An interesting term that you may have heard of in the real estate community called "Broker Preview."  Broker Preview is basically a day designated for real estate brokers and agents to view new listings as they come on the market in the Huntington Beach area.  Not all new listings will be held open for the broker preview as it is completely on a voluntary basis from the listing agent on the property.  Basically, it's an open house for real estate agents.  The theory is that Realtors who have seen a large majority of the listings on the market can quickly identify the correct property when a buyer gives them an exact criteria on the type of home that they are interested in finding.

Even though the Broker Previews are designated for real estate agents

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Buying a property under $200,000 by the beach is best found in the city of Huntington Beach. This large beach community has some of the best values for properties under this price point. Since single family homes start in the mid $400,000 your most likely to find condos under $200,000. Here is your guide to some condo buildings in this price range.

Harbour Vista Condos | Huntington Beach Real Estate

The Villa Warner condo building has one bedroom condos for sale under $200,000. The community features 256 units with one to two bedroom units for sale starting at $170,000. This is one of the few condo buildings that does allow for FHA buyers so this should be on your list.

The Harbour Vista community is the #1 place to find condos under $200,000 that offers large two and three bedroom units. The condos

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Villa Pacific condos are located in the South Huntington Beach area and are a great place to find condos starting in the low $200,000 range.  We get a lot of request from buyers and investors alike looking for lower priced condos that they can buy and they cash flow. These are a perfect example of such a scenario.  Condos in this neighborhood will typically rent in the mid to high $2,700 a month range which can easily cover your mortgage payment if a good size down payment is made on the condo purchase.

Villa Pacific HOA dues will typically average $280 a month and pays for water, trash, and exterior insurance. The community features 3 community pools (one heated all year around), spa, tennis court, 2 community club houses, access to RV parking .

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The Huntington Beach Real Estate market is on the rebound and that includes the million dollar plus range as well.  In Jan 2013, there were a total of 8 homes that sold over the $1 million dollar price point.  The highest sale reported in at $1,825,000 for a french Normandy estate home located in the downtown Huntington Beach area.   The home was on the market for a total number 84 days and closed from the original list price of $1,999,500.  Other sales over the million dollar mark included new construction homes in the new Huntington Beach community of Pacific Shores.

Huntington Beach Luxury Homes  

The two sales came in at $1,193,128 and $1,137,514 for their four and five bedroom homes with square footage's of 3,585 and 3,608 respectively.  We were noting on our last blog that

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Everyone wants to find a good deal when buying a home in Huntington Beach. With the shortage of homes up for sale it has become a seller's market and buyers have less room to negotiate for the best deal. There are still good deals to be found and you just have to know where to look. Here is a quick guide to where you can find them.

Huntington Beach Real Estate | Huntington Beach, CA

1) Huntington Beach Inclusionary Program - We love these homes since they help low income buyers who need financial assistance in buying a home. Since most applicants can qualify for these homes the buying and negotiating buyers is really good. The first step is to see if you qualify for the program. You can visit the official website by just entering into any search engine the phrase "Huntington Beach Inclusionary

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Finding a home in today's tight market is frustrating for a lot of buyers.  This is especially true for buyers looking to buy a home for under $650,000 by the beach.  Huntington Beach is one of the best places to find lower and well priced single family homes starting around $400,000 and up.  The homes in the lower range are typically starter homes that are normally not upgraded.  If your budget allows beyond this range then there are several communities that we can recommend.  

One of the communities is the Prestige neighborhood.  Located in the Northwest section of Huntington Beach lies beautiful two story homes with great curb appeal and well priced homes.  For the most part the homes will be listed for sale under $650,000 and located just 10 minutes

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Beachwalk is a popular area in Huntington Beach that is located just south of the Seacliff Country Club in Huntington Beach, California.  The homes are attached homes with 2 to 3 bedrooms and 2 car garages. The homes are classified as a "Planned Unit Development" or better known as "PUD" homes.  Since this classification the homes are not considered condos even though they share attached walls.

Beachwalk Condos | Huntington Beach Real Estate

The condos in 2012 have sold in the mid $400,000 range to the low $600,000 range.  The range of these homes often depends on whether the home was sold as a standard or distressed sale.  Distressed sales are typically short sale and bank owned properties where the bank wants to liquidate at a low price.  The condos location is the key as the beach is only 1/2

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We get a lot of requests from buyers looking for a condo that sits directly on the water in Huntington Beach.  One of the first places we direct them to is the Portofino Cove condos.  Select condos in the Cove has direct water views of the Huntington Harbor and the Marina.  Condos prices in 2012 have ranged from $420,000 to $670,000 with a total of 4 sales in the community.

Portofino Cove Condos For Sale | Huntington Beach Real Estate

 

The lowest price sale was listed and sold as a short sale with the remain three properties sold as a standard sale.  The condos range from 1 to 2 bedroom units that can range anywhere from under 1,000 square feet for a one bedroom to a luxury 2 bedroom unit that is approximately 1,177 square feet.  If you are looking to rent in this community expect to spend $2,000 to $3,000 a

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There is a lot of speculation on what the real estate market will do in 2013.  With the upcoming Presidential elections coming up next month many buyers are sitting on the fence and waiting to see the outcome before making any buying decisions.  This is typically during an election year as many home buyers are skeptical in making the wrong move.  There have been many reports that indicate 2013 will be a strong year for real estate and prices will slowly continue to go up. 

Huntington Beach Real Estate | Huntington Beach, CA

We have already started to see this happen here in Huntington Beach as well priced properties are receiving multiple offers.  The banks are also gearing up to flush out any distressed properties that may have in their portfolio and focus on helping these owners short sell their

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South Huntington Beach is a great place to live as the community features many community parks and great schools for kids to attend.  Located near the Newport and Huntington Beach boundary line is a nice community known as Franciscan Fountain homes.  Here you will find several names for the homes located near Seeley Park that were built in the late 1960's. Franciscan Fountain Seaport Lido is one of communities in this area that offer large 2 story home in the $700,000 range.  

The great part of this community is the local park and elementary school located in the immediate area.  Another great feature is the close proximity to Newport Beach and all the wonderful waterfront communities located there.  It's an easy commute to Fashion Island and the many

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Huntington Beach foreclosures are on the decline as more and more sellers are electing to short sale their homes. The are a couple of reasons for this occurrence. First, the banks realize it's cheaper to work with the current owner of the home then let them house go into foreclosure. The foreclosure process can be a very long and drawn out process where the property is not taken care of. It's easier for banks to work with the current owner who is more likely to take care of the home during this process. The banks know that if they treat the short sale client with respect and help that someday this client may eventually buy a home through them again in the future.

Second, the banks are now offering huge incentives to sellers as much as $45,000 to short

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Living by the beach can be expensive, especially If you want to live in Orange County, one of the most expensive places to live by the beach. Even with home prices coming down in the last several years, finding a single family home near the beach for around $500,000 can be tough.

Huntington Beach Real Estate | Huntington Beach, CA

Huntington Beach is one of those special places were things are different and more affordable. Since the city spreads out over several square miles you will an abundance of homes in this price range. Distressed properties control the large majority of this market so make sure you understand how to buy bank owned and short sale properties. Dealing with the banks can be a difficult process but If you to buy a home for $500,000 is the key. Make sure to look in the South and

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Within every city and community you will find hard to sell properties. These homes typically have some unique feature which causes it to be difficult to sell. Some of these factors may include located near a freeway, homes with some kind of functional obsolescence and those that require major renovation. When looking for a realtor to handle these kind of properties it's important to understand how these homes get sold. One of they ways to sell a home in today's market is exposure. If the home is not exposed to the right buyer then your property will never sell. Magazine and newspaper advertising only results in a very small percentage of homes sales today. Roughly 45% of all homes are sold by another real estate agent then the agent you hire. What this

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The Huntington Beach Real Estate market seems to be in full swing as many real estate investors and home buyers are jumping back into the marketplace.  Why is this happening?  First, buyers confidence is up, way up!  Real Estate by the beach has always been desirable and as the economy starts to improve we tend to see the improvement by the beach a lot quicker than other locations not by the water.  Ask any real estate agent and home buyers looking to buy a home under $500,000 and you will hear countless stories of multiple offers and the struggles it takes to buy a home in 2012.  Second, Huntington Beach is a huge inventory of three to four bedroom single level homes that tend to be priced right around the $500,000 price point which is very attractive to

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Creative financing is nothing new when it comes to real estate. Owners throughout the years have been creative in helping buyers purchase their homes.  One of the more common ways to buy a home beyond the traditional mortgage is the "Seller Carry Back."  The seller carry back is a method used by owners of properties that have a large amount of equity in the home.  Often times, these sellers own the property free and clear and have the flexibility to finance the purchase without the buyer having to go through traditional financing.  This benefits both parties and helps them complete the real estate transaction.  First, the owner is able to sell his home.  A lot of times "hard to sell" and/or unique properties take a lot of time and patience to sell in a