From the category archives:

San Juan Capistrano - Foreclosure, Bank Owned Homes

San Juan Capistrano Bank Owned REO Home — Hot Buy!!

by Vincent Bindi on January 16, 2008

Price (subject to change):  $498,000
Type:  Detached SFR
Bedrooms:  3
Baths:  1.5
Living Area (SqFt):   1,210
No. of Garages:  2
Stories:  2
Year Built:  1973
Lot Size (SqFt):  2,205
City:  San Juan Capistrano
Area: Del Obispo
Tract:   Harbor Lane
Street:  Paseo Miraflores
School District:  Capistrano Unified

Property Description:   Remodeled detached home in Harbor Lane Community. Only 1.5 miles from Doheny Beach and Dana Point Harbor, Bike Trails and Community Parks, Shopping and Schools are all close by. many upgrades include recessed lighting, granite countertops, travertine and granite flooring, open kitchen w/island, upgraded cabinets and stainless steel appliances, breakfast nook, upgraded bathrooms, storage cabinets in garage, and organizers in closets.  

Financing:    Conventional financing with 10% or 20% down is available.  Interest rates have recently dropped to 6.6% with No Points for Jumbo loans greater then $417,000.   

Contact:  To view this bank owned REO home, feel free to Call Us at:  949-388-3396, or email us at:  Info@SearchOCHomes.com , or Text Message at:  949-283-4679.  We’re easy to talk too.  Let us negotiate a great price for you on this bank owned REO property for sale in Orange County.  Join our FREE and No Obligation Bank Foreclosure and Short Sale home finder service at:  www.OCBargainHomes.com  

San Juan Capistrano Home Prices – Dec 2007′

by Vincent Bindi on December 10, 2007

There are currently 155 detached homes currently listed for sale in San Juan Capistrano.  These homes range in price from  a low of $215,000, for a 1 bedroom, 1 bath, 785 square foot condo on Alipaz located in the Casitas De Alipaz tract.  On up to $19,995,000 4 bedroom, 3 bath, 6,000 square feet equestrian estate on 10 acres located on San Juan Creek Road.  The median price of these 155 homes is $1,095,000 and the average price is $1,574,000.  the average days on market is 117 and he average price per square foot is $450.

There are currently 14 homes pending in escrow in San Juan Capistrano.  These homes range in price from $290,000 for a 2 bedroom, 1 bath 945 square foot detached home located on Calle La Bamba.  The highest priced home under contract is a 6 bedroom, 5 bath, 5,000 square foot estate on Ortega Hwy.  The median priced home is $649,899.

In the past 90 days, there were 36 detached homes that sold and closed escrow.  These homes range in price from a low of $425,000 for a 3 bedroom, 2 bath 1,433 square foot detached home on Via San Vincente in the Las Brisas tract.  The highest priced home sold was for $5.5 Million for a 6 bedroom, 9.5 bath, 8,250 square foot estate on Highland Dr.  The median priced sold home price is $1,039,925 and the average price is $1,229,343.  The average price per square foot is $376/SqFt and the average days on market is 85 days.

Comparing these sold prices for the past 90 days, to the same time period 12 months ago we find that there were 51 homes that sold and closed escrow.  The Median price of the 51 homes sold 12 months ago was $766,000 and the average price of these homes was $927,527.   Looking at these figures one may draw the conclusion the homes prices have increased by about 25% in the past 12 months… but nothing could be farther from the truth.  What has happened, is that there have been far more sales of larger and higher priced homes in the past 90 days, then there were 12 months ago. To get a true reading on the direction of prices, the price per square foot is a much better indicator.  12 months ago the price per square foot of these 51 homes sold was $410/SqFt, and today it is $376/sqFt which represents a 8% drop in prices from last year.

If you would like to more information about homes or condos for sale in San Juan Capistrano, feel free to contact us at:  949-388-3396, or email us at:  Info@SearchOCHomes.com , or Text Message at:  949-283-4679.  Or visit our website at:  San Juan Capistrano Real Estate

Price (subject to change):  $580,000
Type:  Detached SFR
Bedrooms:  3
Baths:  2
Living Area (SqFt):   2,400
No. of Garages:  2
Stories:  2
Year Built:  2002
Lot Size (SqFt):  4,000
City:  San Juan Capistrano
Area:  Del Obispo
Tract:  Alipaz
Street:  Paseo Toscana
School District:  Capistrano Unified

Property Description:   Beat the bank on this short sale home. Beautiful and spacious 2 story home in gated community. Designer touches. Lots of storage. Durable concrete tile roof.  Low association fees. Long Driveway with attached 2 car garage. Great views of the San Juan Hills.  Newer construction built in 2002′. No Mello-roos.  

Financing:    Conventional financing with 10% or 20% down is available.  Interest rates have recently dropped to 6.6% with No Points for Jumbo loans greater then $417,000.  The seller wants this short sale home sold. 

Contact:  To view this Bank Foreclosed home, feel free to Call Us at:  949-388-3396, or email us at:  Info@SearchOCHomes.com , or Text Message at:  949-283-4679.  We’re easy to talk too.  Let us negotiate a great price for you on this Short Sale property for sale in Orange County.  Join our FREE and No Obligation Bank Foreclosure and Short Sale home finder service at:  www.OCBargainHomes.com  

Price (subject to change):  $449,000
Type:  Detached SFR
Bedrooms:  3
Baths:  1.5
Living Area (SqFt):   1,185
No. of Garages:  2
Stories:  2
Year Built:  1972
Lot Size (SqFt):  smaller
City:  San Juan Capistrano
Area:  Del Obispo
Tract:  Harbor Lane
Street:  Avenida Del Rosal
School District:  Capistrano Unified

Property Description:   Beat the Bank on this low Priced Short Sale.  Great price for a detached home.  Cozy view property with ocean breeze. Great neighborhood and  ready to move in. Upgraded with newer paint, baseboard, fixtures, hardware, garage door & opener, fence, window covering, blinds, stove, and microwave. Hoa includes, pool,cabana park, club house & for a small fee RV park’g. Close to beach, SJ Mission, train, tolls, fwys, shops, schools

Financing:    Two sources of Government Subsidized loans are available to purchase this low priced home with Zero Down payment.  One of these 100% Financed loans offers 6.5% Fixed interest rate, and one needs to be a first time home buyer.  The other Zero Down loan offers 6.9% Fixed interest rate over 30 years, and does not charge PMI, and one need not be a first time home buyer.   Seller needs to sell now.

Contact:  To view this Bank Foreclosed home, feel free to Call Us at:  949-388-3396, or email us at:  Info@SearchOCHomes.com , or Text Message at:  949-283-4679.  We’re easy to talk too.  Let us negotiate a great price for you on this short sale property for sale in Orange County.  Join our FREE and No Obligation Bank Foreclosure and Short Sale home finder service at:  www.OCBargainHomes.com