One of two new short sale listings to come on the market in the first week of April in Laguna Beach, California. The Terraces Laguna Beach townhome in Laguna Beach has been listed as a short sale for $369,000 this week. The Terraces are Laguna Beach town homes located on the outskirts of Laguna Beach just north of the 73 freeway. You are basically about 10 minutes to the beach coming down the Laguna Canyon Road and neighbor the city of Aliso Viejo. This two bedroom townhome has been listed as a short sale as the owner owes more than the current market value of the home. A short sale is a two step approval process where first you get an acceptance from the owner of the property and then a second approval from the bank. If you would like some more information regarding Laguna Beach short sales and to understand more about the short sale process please contact us today at 949-466-4876. We work with many real estate investors who are always looking for Laguna Beach short sales and foreclosure homes. Currently there are 55 short sale homes on the market in Laguna Beach with two new short sale properties this week. The other Laguna Beach short sale home on the market this week is located in the South Laguna Beach area. This two bedroom Laguna Beach cottage is listed at $649,000 as a short sale. It's a cute 787 square foot single family located in a very close proximity to the beach. If you are familiar with the Laguna Beach Real Estate market then you know finding any kind of single family homes in the $600,000 range is very difficult. Even though the size may be small, this is a great opportunity to get into the marketplace. The property is a short sale so it will be subject to the lender approval of price and terms but this appears to be a very good deal. We highly recommend viewing short sale properties as the number of foreclosure homes is way down in Laguna Beach with a total of only 4 bank owned homes for sale. We specialize in Laguna Beach Short Sales and look forward to assisting you.