Coronado Real Estate : Coronado Real Estate | Coronado Homes For Sale | Prudential California Realty | Gerri-Lynn Fives

Saturday, January 29, 2011

The Very Latest Coronado Homes Heading to Auction!

by Gerri-Lynn Fives on Sat, Jan, 29, 2011 04:43 PM

Categories:Coronado Cays,Coronado Cays Real Estate,Coronado Cays Real Estate Auctions,Coronado Homes For Sale,Coronado Real Estate,Coronado Real Estate Auctions,Coronado Shores,Gerri-Lynn Fives,Prudential California Realty,Prudential Coronado Realty

Search All Coronado Foreclosures and Coronado Homes Heading to Auction

Being a Bargain hunter combing through Coronado garage sales on Thursdays is one thing, but picking up a Coronado "bargain" on the court house steps is another. It is not for the amateur. For one thing, it brings "due diligence" to a whole new level. When you purchase a home on the court house steps, you do not get "title insurance". Not having clean title is a nightmare unto itself.

Please search Coronado Foreclosures and Coronado Homes scheduled for Auction on my Foreclosure Radar website link below or click here for direct access. You can also search Coronado Homes in Foreclosure Actions Listed For Sale HERE.

If you are a buyer and are looking to invest in Coronado or in the Coronado Cays, the following properties are scheduled to be sold on the court house steps within the next few weeks:

Action: Address

Auction 1409 4TH ST, CORONADO CA 92118 1/31/2011

Auction 1603 GLORIETTA BLVD, CORONADO CA 92118 2/3/2011

Auction 31 SANDPIPER STRAND, CORONADO CA 92118 2/3/2011

Auction 923 BAY CIR, CORONADO CA 92118 2/3/2011

Auction 1060 ADELLA AVE, CORONADO CA 92118 2/4/2011

Auction 8 BLUE ANCHOR CAY RD, CORONADO CA 92118 2/7/2011

Auction 277-279 C AVE, CORONADO CA 92118 2/8/2011

Auction 24 MARDI GRAS RD, CORONADO CA 92118 2/14/2011

Auction 740 A AVE, CORONADO CA 92118 2/14/2011

Auction 1405 1ST ST, CORONADO CA 92118 2/15/2011

Auction 131 ALDER ST, CORONADO CA 92118 2/22/2011

Auction 1502 GLORIETTA BLVD, CORONADO CA 92118 2/23/2011

Auction 701 ADELLA LN, CORONADO CA 92118 2/24/2011

Auction 55 SPINNAKER WAY, CORONADO CA 92118 2/25/2011

Auction 418 H AVE, CORONADO CA 92118 3/7/2011

If you would like additional information on how to get a good deal on the court house steps, I'd be happy to share my inside connection with you. Call me!

Expect More Than A Home…..Create A Lifestyle In Coronado!®

Gerri-Lynn Fives, ABR,CIPS,CNE,CRS,GRI,RSPS,TRC

REALTOR/Broker Associate

Prudential California Realty

511 Grand Caribe Cswy

Coronado, California 92118

619.813.7193

DRE# 01274657

JustGL@CoronadoBeach.com

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Wednesday, December 8, 2010

Going once, going twice, sold! Coronado Real Estate Auctions!

by Gerri-Lynn Fives on Wed, Dec, 8, 2010 05:54 PM

Categories:Coronado Cays,Coronado Cays Real Estate Auctions,Coronado Homes For Sale,Coronado Real Estate,Gerri-Lynn Fives,Prudential California Realty,Prudential Coronado Realty

Those were the words spoken yesterday when 29 Delaport, in the Coronado Cays was sold at auction on the court house steps. I have it on good authority that the estimated value was $786,527 and the opening bid was $111,000. Zealous bargain hunters, armed with comps of recent sales in the Coronado Cays bid feverishly bringing the sales price up to $470,000.

Being a Bargain hunter combing through Coronado garage sales on Thursdays is one thing, but picking up a "bargain" on the court house steps is another. It is not for the amateur. For one thing, it brings "due diligence" to a whole new level. When you purchase a home on the court house steps, you do not get "title insurance". Not having clean title is a nightmare unto itself.

What's interesting about 29 Delaport is that the new owner "inherited" a $30,000 tax bill for unpaid property taxes. So, now the sales price for that Coronado Cays home is $500,000. According to data compiled by CoreLogic, the home has 1,347 square feet. The last recorded sale was on June 30, 2006 for $1,300,000. It still amazes me that this seller didn't even try to Short Sale the property. According to our local multiple listing service, the home had not been listed for sale since it sold in 2006.

If you are a cash buyer and are looking to invest in the Coronado Cays, the following properties are scheduled to be sold on the court house steps within the next few weeks:

1 Buccaneer Way has a sale date of 12/15/10 and an estimated value of $4,122,774

55 Spinnaker has a sale date of 12/20/10 and an estimated value of $1,725,176

31 Sandpiper Strand has a sale date of 1/3/11 and an estimated value of $1,253,288

41 Antigua Court has a sale date of 12/21/10 and an estimated value of $1,022,173

24 Mardi Gras has a sale date of 12/13/10 and an estimated value of $1,064,638

Some of these estimated values are higher than reality. In the example I gave on 29 Delaport, there is a $286,527 price differential in the estimated value and the purchase price. If you would like additional information on how to get a good deal on the court house steps, I'd be happy to share my inside connection with you. Call me!

Expect More Than A Home…..Create A Lifestyle In Coronado!®

Gerri-Lynn Fives, ABR,CIPS,CNE,CRS,GRI,RSPS,TRC
REALTOR/Broker Associate

Prudential California Realty
511 Grand Caribe Cswy

Coronado, California 92118

619.813.7193
DRE# 01274657

JustGL@CoronadoBeach.com

www.CoronadoCays.com

www.Coronado4sale.com

www.CoronadoBeach.com

Read Full Story

Coronado Real Estate

Coronado Real Estate | Coronado Homes For Sale | Prudential California Realty | Gerri-Lynn Fives |

Expect More Than A Home.....Create A Lifestyle In Coronado! ®

The Very Latest Coronado Homes Heading to Auction!

Going once, going twice, sold! Coronado Real Estate Auctions!