What is a Coto De Caza short sale? A Coto De Caza short sale is the sale of a home when sales proceeds are not sufficient to pay off the existing loan(s) but the lender(s) accepts a discounted payoff to fully satisfy the loan. A lender would usually rather negotiate a settlement today with a Short Sale than be forced to incur the expense of a foreclosure later. Consider this: the lender wants to limit their losses in the future just as badly as you do. At the same time, the existing lender pays for all sales fees. This includes sales costs, commissions, escrow, title and any repair costs. Coto De Caza short sale homes are now common in various price points, signaling the current environment.

Coto de Caza is a guard-gated private community located just a few minutes away from neighboring local shopping areas in Rancho Santa Margarita and Mission Viejo and offers magnificent homes for sale. The community is also located a short thirty minute drive from additional major shopping centers such as South Coast Plaza, Fashion Island, and the Irvine Spectrum. An easy, pleasant drive westward takes you from Coto de Caza to the lovely coastlines of Laguna Beach and Newport Beach. From these nearby locales, quaint shops, incredible beaches, and fine restaurants await exploration. Closer to home are the winding and beautiful Wagon Wheel Park Bike Trails. The Coto de Caza community is also the home of many famous residents of Orange County, due to the privacy and exclusive living offered in the area. Coto De Caza short sale homes for sale offer buyers an excellent opportunity to get the foot in the door in this prestigious community.

A wide variety of outdoor and sporting activities are readily available to residents of Coto de Caza. Golfing and tennis clubs are both located right within the community, including the most challenging golf course in Orange County. The lodges and clubs in Coto de Caza are second to none, and truly lead to an atmosphere of relaxation and convenience. Other enjoyable events in the area include Laguna Beach’s Pageant of the Masters, Dana Point’s annual Tall Ships Festival, and the Ryder’s Cup Celebrity Golf Tournament held in Coto de Caza each October. Beaches in the area include Corona Del Mar State Beach and Crystal Cove State Park. With all of these exciting options, along with the privacy and pristine beauty of the Coto de Caza community, there are truly very few communities that can match the lifestyle to be found at “Coto.”