Big Canyon Villa Newport Beach

If you have been thinking about investing in Newport Beach Real Estate in 2012 you are not alone.  The real estate market has seen a lot of ups and downs in the last 5 years and many wonder if we are at the bottom of the market?  The Newport Beach Real Estate market is unique to it's own as many Newport Beach home owners pay all cash or a large sum down when purchasing a home.  The result of this habit is the lower number of distressed properties on the market.  In fact, in 2008 when the rest of the country started to go down, the Newport Beach Luxury Real Estate market saw some of the highest sales and seemed to be sheltered from the mortgage fall out.  There is no doubt that we have seen a decrease in prices in Newport Beach but we are starting to see a

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If you are in the market to buy a golf course view condo in Newport Beach then you have a couple communities to choose from.  One of the best values for the money are the condos located at the Big Canyon McLain in Newport Beach, California.  As we have reported in earlier posts, the Big Canyon area in one of the most desirable gated communities in Newport Beach.  Located across the street from Fashion Island Shopping center in the heart of Newport Beach lies the Big Canyon communities.  Within Big Canyon you will find several luxury communities with homes sales well into the multi-million dollar range.  The homes have the benefit of the Big Canyon Country Club with one of the best golf courses in the area.  The Big Canyon McLain community is a small

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Short Sales are a reality for the Newport Beach Real Estate marketplace as many distressed homeowners elect to short sale their home in lieu of letting their home going into foreclosure.  A short sale is when a seller elects to put their home on the market even though they owe more than the home is worth.  Why would a seller do this?  Well, in a short sale, the seller will be asking the bank to release the debt on difference of what is owed to the bank and the offering price of a buyer.  Sound difficult?  It's actually a simple process that takes time is you are a real estate buyer.   Having patience on waiting for the banks decision on whether or not they will approve the short sale can be difficult for a lot of home buyers.  Also, when you are competing…