Short Sales Beating Out Foreclosures in Orange County - Focus on Costa Mesa Real Estate

It’s been a common theme in the OC Register real estate blog - California real estate is seeing a rise in the number of short sale transactions, while foreclosures are declining. In Orange County, there are currently 2335 short sale listings that are active in the MLS. In Costa Mesa, CA we are seeing more homes entering the market as short sales – right now there are 56 short sale listings live in the MLS in the Costa Mesa real estate market. Thirty-seven are Costa Mesa homes and 19 are Costa Mesa condos.Homes that are eligible for a short sale are in a much better situation than ones up for foreclosure. For the seller it is an opportunity to walk away from their home without the woes of foreclosure and for a buyer it can provide a chance for a real estate deal.Since 1984, Torelli Realty has serviced Costa Mesa homes for sale. It’s important for all real estate agents to learn as much about short sale transactions as possible. After all, nearly 30% of Costa Mesa real estate is a short sale. By understanding how to handle short sales, it is our goal to empower sellers and engage buyers so that more people can own Costa Mesa property.About Torelli Realty: Torelli Realty is proud to offer home improvement and home staging tips to help your home’s value throughout Orange County, the city of Costa Mesa and in Mesa Verde. The company has been servicing Costa Mesa, California almost exclusively for over 25 years and knows Costa Mesa real estate and works with the most Costa Mesa homes for sale. The company has 100% success with short sales. Feel free to contact Torelli Realty for a consultation and for all your real estate needs – we know Costa Mesa houses.WEBSITESHORT SALE WEBSITETWITTER  – FACEBOOK - COMPANY BLOG