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Laguna Beach real estate may never be in a better position for the home buyer. Over the last year, a 19 percent increase in sales of homes in this area has indicated to many that the market is on its way back. But there are still a number of Laguna Beach homes reasonably priced, and with only a 4 percent (or sometimes less) interest rate, you can lock in to a 15- or 30-year mortgage without paying much more than the principle. In another five to ten years, the home values will likely go up, as will the interest rates, so now is the time to buy if you plan to. But in order to get the best deal on Laguna Beach real estate, here are some tips of what to do, and watch out for, in 2012.

1. The Short Sale

You may not think of Laguna Beach as a place rich with short sale opportunities, but they are out there. With a short sale, you can get a much cheaper price on a home by buying from a motivated seller, who wants to forgo foreclosure and sell at a price that is less than what is actually owed. Lenders are so desperate to keep their properties from being empty, they are agreeing to more of these transactions, and if you have a good agent, a good offer, and the financial capabilities, then you can score big time. Ask an agent if he knows of any short sale opportunities in the Laguna Beach area, and make sure that he is experienced in handling them in a competent and efficient manner.

2. The Motivated Seller

Since 2008, a number of Laguna Beach homes have gone on the market. Not all of them have sold. Some have been up for a year or longer. These motivated sellers may not be in a foreclosure or short sale position, but they are eager to get rid of the second mortgage and may be willing to take less before the market turns around. Make sure your offer is not an insulting one, as these individuals are often equipped to hold on to the property however long they have to, but also make sure that you present a good argument for offering less. If the home has been up for sale two or more years, then you have some pretty good ammunition.

3. The Beach View

If driving a little further to the beach does not bother you, then you may wish to settle for a home that has a beach view but is a few minutes from the beach. You can often get these homes for a much lower price than the ones that are beachfront. Looking at buying into Laguna Beach Real Estate but uncertain where to start? We recommend a great site where you will find all kinds of Laguna Beach Homes For Sale at a great price. Stop by today.