Corona Hills Short Sales and Corona Hills Bank Owned Homes
When you are in Corona, California making a concerted effort through a real estate agent to search for a home in Corona, you'll find that the best prices to be had most generally will be offered from bank owned properties or those that are facing foreclosures. The condominiums and houses with a pool that are offered in the Corona Hills community in Corona, California are a prime target for many a knowledgeable Corona real estate agent who understands the premium these types of properties typically demand.
With bank owned condominiums or bank owned houses with a pool, the bank will want to desperately receive at least some return on their bad investment stemming from the defaulted mortgage loan that a borrower could not pay in full, and asking for the total amount due on the loan is typically higher than the condominiums' property value (a deficit that came about due to the housing price climax prior to the bubble bursting) which means that nobody in their right minds would pay full price today when the housing market is essentially a ‘buyer's market'.
You can bet that Corona home search efforts by a real estate agent will begin in communities like Corona Hills, and target these bank owned condominiums and houses with a pool that offer dramatically reduced REO and short sale prices, to give future homeowners a great first step financially into making the home or condo of their dreams a very cozy place to live for a long time. Once you find the perfect place in Corona Hills, the hard part is done-now you simply have to enjoy the fruits of your, and your Corona real estate agent's labors by exploiting the poor position the banks are in. No doubt, Corona, California is one of the most popular residential areas to live in all of Southern California.
Cameron Novak, Real Estate Broker
Corona Short Sale Agent
The Homefinding Center
951.212.7479
Our team specializes in Short Sale Negotiation and can assist you with a purchase or sale of any home in Corona, Chino Hills, Riverside, Lake Elsionore, Mira Loma, Eastvale, Chino, Yorba Linda, and surrounding communities.
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