Newport Beach Short Sales

As the most expensive real estate in the country, Newport Beach is home to many luxury gated communities.  If you are wondering which communities are the most expensive in Newport Beach we have the list.  Here are the most expensive gated communities in Newport Beach, CA:  1) Harbor Island, 2) Bay Island, 3) Linda Isle and 4) Bayshores.  It's not surprising that these communities are all bayfront neighborhoods located in a close proximity to each other.  Harbor Island is a private community located in a gate but without a guard attendant.  The homes are located facing both sides of the Newport Bay with some of the largest and most exclusive homes in Newport Beach.  Currently, there is one double lot for sale for $26,500,000 with direct views of the

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Everyone likes to feel like they are getting a good deal when they are buying a property in today's real estate market.  You will be surprised to learn that there are currently 85 distressed properties on the market in Newport Beach, California that consist of 77 short sales and 8 bank owned foreclosure properties.  These real estate listings provide a unique opportunity for Newport Beach home buyers to buy at a potential below market value price.  With the total number of real estate listings totalling 673 homes for sale the percentage is roughly 8% of the homes in Newport Beach are distressed sales.  In the neighboring Laguna Beach we see 55 of the 395 homes on the market are distressed sales, which is right in line with Newport Beach.  Not all

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One of the best parts about living in Newport Beach is the warm climate and the many water activities.  It seems like you are never too far from any body of water whether it's the Upper Newport Bay or the Pacific Ocean.  The Balboa Peninsula is a great area that has the best of both worlds with a small stretch of land that is ideally situated between the Newport Bay & the Ocean.  Many of the homes in this area are either bayfront, oceanfront and waterfront properties that currently go up in price for $7,500,000.  Homes located on the interior streets are offered for sale for as low as $561,125 for a bank approved short sale and offer beach close location.   Select interior homes will also have ocean views and are within walking distance to the many shops

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Short Sales are becoming the new way to find great deals in the Newport Beach Real Estate marketplace.  As more and more sellers decide to short pay their mortgage and walk away from their homes, Newport Beach home buyers have a unique opportunity to capture these under market value homes.  If you are familiar with real estate in Newport Beach then you will know the One Ford Road community.  Known for being one the most exclusive communities in Newport Beach, One Ford Road is home to several communities located inside this guard gated community.  Currently there are four homes listed for sale in One Ford Road with a great short sale listing at $1,410,000.  Short sales have a two step approval process; one approval and acceptance of the offer from the owner…

If you are in the market to find a bayfront home in Newport Beach and want to spend under $1,100,000 then you will happy to learn there is a bayfront condo for sale in the Lido Building #621 or otherwise known as "Lido Park Place."  If you are familiar with the Newport Beach area then you will know this is a great area with some of the most expensive real estate for sale.  Across the bridge is Lido Isle, home to some of the most expensive bayfront homes for sale in all of Newport Beach, California.  This bayfront condo listed for $1,100,000 is a short sale so It's important to realize what is involved when buying a short sale.  Short sales time time & patience but the end result is a great deal.  Most short sale listings in Newport Beach area priced just

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