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Short sales are a good portion of the real estate market in Orange County, and Costa Mesa is no exception.
There are currently 176 homes for sale in Costa Mesa, 57 of these are short sales or homes that are already in the foreclosure process. These numbers indicate that over 32% of the current inventory of homes are short sales.

104 of the the 154 homes that are currently in escrow in Costa Mesa are short sales or in the foreclosure process. This is a huge number that reflects that over 2/3 of the homes under contract are short sales. This speaks loudly to the current real estate market and the loss in value we have experienced in the past few years.
Of the 713 homes that sold in Costa Mesa in the last 12 months, 169 were short sales or homes that were in the foreclosure process. This is just under 24% of all of the homes that sold last year.
Why are so many fewer homes that are short sales closing escrow when compared to those that go under in to escrow?
Perhaps this is a result of the difficulties of getting short sales closed. It may also be a result of failing to qualify the seller and understanding when a seller might qualify for a short sale.
If you would like to know if you are a good candidate for a short sale or if you would just like to discuss options to avoid foreclosure, please contact us at 714.319.9751 for a free consultation.
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RE/MAX Homes & Estates
Pre-Foreclosure Division
(714) 588 -7676 ∙ www.remaxann.com
If you are in a situation where:
• You lost your job
• Your Medical Expenses are too high
• Just went through/going through a divorce
• You are behind on your payments
• You have no equity
• You can't afford the cost of selling your home
• Your income has been reduced
• You are in foreclosure
WE CAN HELP YOU! It's easy and doesn't cost you any MONEY! Our services are Free!!!
WHEN THE DEBT EXCEEDS YOUR HOME'S VALUE... we can help is with a SHORT SALE.
Benefits of a Short Sale:
• Avoid Foreclosure
• Avoid Bankruptcy
• Reduced damage to your credit
• Postpone your foreclosure sale date
• A short sale will stay on your credit approx 3 years
• BE FREE of financial and emotional burdens!
We are licensed Realtors that specializes in avoiding foreclosure. We will NOT buy your home, but will assist you in selling your home quickly. The lender will cover all closing costs including Realtor commissions. We can make selling your home MUCH EASIER FOR YOU and lift much of the financial burden off your shoulders-- OUR SERVICES DOES NOT COST YOU ANY MONEY!!!
You can sell your property and lift the financial weight off yourself with the help of a experienced short sale Realtor. Re/Max Homes and Estates short sale division has closed over 120 short sales nationwide within the last year. We have a 95% success rate. Do not trust just anyone to handle your short sale. List your home with an experienced Orange County short sale Realtor.
Regardless of your current situation I am here to assist you, so call me today to help you find a solution! You have options which can enable you avoid foreclosure proceedings and escape the 10 year scar it will leave on your credit, therefore, your future. Stop the inevitable and don't face Foreclosure IF YOU DO NOT HAVE TO! Best of all with a short sale my commission will be paid by the bank, so you won't have any out-of-pocket expense!
www.remaxann.com for more info or give me a call at (714) 588-7676
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The Mesa Verde neighborhood of Costa Mesa was largely built around the Mesa Verde Country Club, a private club and golf course Costa Mesa Country Club, which is a public course, is also located within Mesa Verde's boundaries.
Most Mesa Verde Costa Mesa homes were built in the 1960's and 1970's, with several of the homes actually built right along the golf course.
Mesa Verde is bordered by Fairview Regional Park and the Costa Mesa Golf Course on the south, Harbor Boulevard on the east, the Santa Ana River to the west, and the 405 (San Diego Freeway) on the north.
The Estancia Adobe, built in the late 1800's is also located within Mesa Verde in Estancia Park, and provides insight into the history of this wonderful area of Costa Mesa.
The Market Report for Mesa Verde Costa Mesa Homes is below:
Based upon general definitions, it appears that Mesa Verde Costa Mesa Homes should be viewed as being in a Sellers' Market though many still consider the real estate market in general to be a Buyers' market. However, given the low inventory and the competition, we have an odd situation which is not easily defined. Given all that is going on in the credit market and the banking industry, we are in an unusual time and will have to see what happens over the next few months as things hopefully begin to stabilize.
Market reports regarding additional areas for Costa Mesa homes and nearby cities:
Westside Costa Mesa Real Estate Report
Eastside Costa Mesa Real Estate Report
Central Costa Mesa Real Estate Report
South Coast Metro Real Estate Report
Newport Beach Real Estate News
Fountain Valley Real Estate News
Huntington Beach Real Estate Report
For more information about Mesa Verde Costa Mesa homes, please visit Costa Mesa real estate.
For more information on Costa Mesa homes or the value of a particular home please visit Costa Mesa home values
Click for a free list of Orange County foreclosures or a free list of Orange County short sales or e-mail Me!
Copyright © 2010 by Christine Donovan, All Rights Reserved. Costa Mesa Real Estate News - Mesa Verde Costa Mesa Homes Market Report
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Costa Mesa Real Estate News - Westside Costa Mesa Market Report
Southwest Costa Mesa, better known as the Westside or Westside Costa Mesa, is a wonderful area of Costa Mesa which borders both Newport Beach and Huntington Beach. It is typically quantified as being West of Newport Boulevard.
It encompasses Fairview Park and the Talbert Nature Reserve.
It has a wide mix of homes ranging from single family homes, to condos and apartment buildings. The homes overlooking the bluffs, have beautiful views of the ocean and wildlife in the Santa Ana River.
The current real estate market report for Westside Costa Mesa is below:
Based upon general definitions, it appears that Westside Costa Mesa should be in a Sellers' Market though it still appears to be a Buyers' market. Given all that is going on in the credit market and the banking industry, we are in an unusual time and will have to see what happens over the next few months as things hopefully begin to stabilize.
Market reports for additional areas of Costa Mesa and nearby cities:
Eastside Costa Mesa Real Estate Report
Central Costa Mesa Real Estate Report
South Coast Metro Real Estate Report
Mesa Verde Costa Mesa Real Estate News
Newport Beach Real Estate News
Fountain Valley Real Estate News
Huntington Beach Real Estate Report
For more information on Costa Mesa homes or the value of a particular home please visit Costa Mesa home values
Click for a free list of Orange County foreclosures or a free list of Orange County short sales or e-mail Me!
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Costa Mesa Real Estate - Eastside Costa Mesa Real Estate News
Eastside Costa Mesa is a charming area of Costa Mesa which borders Newport Beach, and, as a result, tends to have higher property values than some other areas of the city. It is bounded by Irvine Boulevard on the east, Newport Boulevard on the west, 15th Street on the south and Mesa Drive on the north.
Most of the original lots in Eastside Costa Mesa are around 10,000 square feet, a large size lot in Orange County, which allows for space to expand smaller, older homes if desired.
Eastside Costa Mesa is known for wide streets and lovely, mature trees, homes with picket fences and an eclectic mix of different types of homes.
The current real estate market report for Eastside Costa Mesa Real Estate is below:
Based upon general definitions, it appears that Eastside Costa Mesa should be in a Sellers' Market because of the low inventory though many believe we are still in a Buyers' market. Given all that is going on in the credit market and the banking industry, we are in an unusual time and will have to see what happens over the next few months as things hopefully begin to stabilize.
Real Estate Market reports for additional areas of Costa Mesa and other local cities:
Central Costa Mesa Real Estate Report
South Coast Metro Real Estate Report
Mesa Verde Costa Mesa Real Estate News
Westside Costa Mesa Real Estate Report
ReportNewport Beach Real Estate News
Fountain Valley Real Estate News
Huntington Beach Real Estate Report
For more information on Costa Mesa homes or the value of a particular home please visit Costa Mesa home values
Click for a free list of Orange County foreclosures or a free list of Orange County short sales or e-mail Me!
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