Coronado Homes For Sale

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Search 19,687 Coronado homes for sale on the MLS. View recent sales and find homes for sale in Coronado which allow for a 50% commission credit.

Coronado Real Estate Listings

Search homes for sale in Coronado through our MLS powered real estate search. Find and compare homes, condos, and land for sale in Coronado. Visit open houses or schedule a tour online with one of our partner agents. When you’re ready to make an offer on a Coronado home, you’ll receive a 50% commission credit when you submit your offer online with OfferDash®.

Homes For Sale in Coronado by Zip Code

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Hottest Real Estate Listings in Coronado


Active
  • Located in Coronado
  • Built in 1977
  • MLS #: NDP2402523
  • 2 Bedrooms
  • 2 Baths
  • 1,321 SqFt
More details Listing by Ellen Steinberg, Pacific Regent Realty

Active
  • Located in Coronado
  • Built in 1980
  • MLS #: 240000165SD
  • 2 Bedrooms
  • 2 Baths
  • 1,612 SqFt
More details Listing by Delmira Sumner, Coldwell Banker West

Active
  • Located in Coronado
  • Built in 1980
  • MLS #: SW24058925
  • 3 Bedrooms
  • 2 Baths
  • 1,665 SqFt
More details Listing by Jennifer Conklin, Allison James Estates & Homes

Active
  • Located in Coronado
  • Built in 1973
  • MLS #: 240004503SD
  • 2 Bedrooms
  • 2 Baths
  • 1,246 SqFt
More details Listing by Jeffrey Nix, Redfin Corporation

Active
  • Located in Coronado
  • Built in 2004
  • MLS #: 240003632SD
  • 3 Bedrooms
  • 3 Baths
  • 2,853 SqFt
More details Listing by Jeffrey Brummitt, Islander Realty

Pending
  • Located in Coronado
  • Built in 1943
  • MLS #: 240006294SD
  • 1 Bedrooms
  • 1 Bath
  • 534 SqFt
More details Listing by Janice Clements, Compass

Active
  • Located in Coronado
  • Built in 1980
  • MLS #: SW24059695
  • 3 Bedrooms
  • 2 Baths
  • 1,881 SqFt
More details Listing by Jennifer Conklin, Allison James Estates & Homes

Active
  • Located in Coronado
  • Built in 1957
  • MLS #: 240006513SD
  • 3 Bedrooms
  • 2 Baths
  • 1,616 SqFt
More details Listing by Tom Tilford, Better Homes and Gardens Real Estate Napolitano & Associates

Active
  • Located in Coronado
  • Built in 1990
  • MLS #: 240000390SD
  • 5 Bedrooms
  • 5 Baths
  • 3,457 SqFt
More details Listing by Renee Wilson, Compass

Active
  • Located in Coronado
  • Built in 2019
  • MLS #: 240006446SD
  • 2 Bedrooms
  • 2 Baths
  • 1,203 SqFt
More details Listing by Briana Gomes, Compass

Active
  • Located in Coronado
  • Built in 1927
  • MLS #: PTP2401210
  • 4 Bedrooms
  • 4 Baths
  • 2,812 SqFt
More details Listing by James Nelson, Coldwell Banker West

Active
  • Located in Coronado
  • Built in 1980
  • MLS #: PTP2401071
  • 2 Bedrooms
  • 2 Baths
  • 1,650 SqFt
More details Listing by James Nelson, Coldwell Banker West

Active
  • Located in Coronado
  • Built in 2001
  • MLS #: 230018871SD
  • 5 Bedrooms
  • 5 Baths
  • 4,791 SqFt
More details Listing by Ryan Wamhoff, eXp Realty of California, Inc

Active
  • Located in Coronado
  • Built in 1972
  • MLS #: PTP2401678
  • 1 Bedrooms
  • 1 Bath
  • 842 SqFt
More details Listing by Olga Stevens, Willis Allen Real Estate

Pending
  • Located in Coronado
  • Built in 1982
  • MLS #: CV24031809
  • 2 Bedrooms
  • 3 Baths
  • 1,492 SqFt
More details Listing by Colette Leech, KELLER WILLIAMS REALTY

Active
  • Located in Coronado
  • Built in 1980
  • MLS #: 240006445SD
  • 3 Bedrooms
  • 2 Baths
  • 1,345 SqFt
More details Listing by Alan Kinzel, Compass

Active
  • Located in Coronado
  • Built in 2015
  • MLS #: 240005667SD
  • 4 Bedrooms
  • 4 Baths
  • 2,200 SqFt
More details Listing by Renee Wilson, Compass

Pending
  • Located in Coronado
  • Built in 1943
  • MLS #: 240005911SD
  • 1 Bedrooms
  • 1 Bath
  • 587 SqFt
More details Listing by Kate Danilova, First Team Real Estate - Orange County

Pending
  • Located in Coronado
  • Built in 1987
  • MLS #: 240005123SD
  • 2 Bedrooms
  • 3 Baths
  • 1,839 SqFt
More details Listing by Janice Clements, Compass

Active
  • Located in Coronado
  • Built in 2022
  • MLS #: 240006010SD
  • 1 Bedrooms
  • 1 Bath
  • 833 SqFt
More details Listing by Ruth Ann Fisher, Del Coronado Realty

Active
  • Located in Coronado
  • Built in 2008
  • MLS #: PTP2401292
  • 5 Bedrooms
  • 4 Baths
  • 2,717 SqFt
More details Listing by David Waitley, Heritage Re David Waitley Co B

Active
  • Located in Coronado
  • Built in 2024
  • MLS #: PTP2401489
  • 3 Bedrooms
  • 3 Baths
  • 1,609 SqFt
More details Listing by David Waitley, Heritage Re David Waitley Co B

Active
  • Located in Coronado
  • Built in 2024
  • MLS #: PTP2401599
  • 5 Bedrooms
  • 4 Baths
  • 2,532 SqFt
More details Listing by David Waitley, Heritage Re David Waitley Co B

Pending
  • Located in Coronado
  • Built in 2010
  • MLS #: PTP2400431
  • 3 Bedrooms
  • 3 Baths
  • 2,764 SqFt
More details Listing by James Nelson, Coldwell Banker West

Pending
  • Located in Coronado
  • Built in 2024
  • MLS #: PTP2401540
  • 3 Bedrooms
  • 3 Baths
  • 1,609 SqFt
More details Listing by David Waitley, Heritage Re David Waitley Co B

Active
  • Located in Coronado
  • Built in 2011
  • MLS #: 240005379SD
  • 5 Bedrooms
  • 4 Baths
  • 2,623 SqFt
More details Listing by Carrie OBrien, Flagship Properties, Inc.

Active
  • Located in Coronado
  • Built in 2009
  • MLS #: 240005546SD
  • 3 Bedrooms
  • 3 Baths
  • 2,579 SqFt
More details Listing by Karen Hust, Better Homes and Gardens Real Estate Napolitano & Associates

Pending
  • Located in Coronado
  • Built in 1990
  • MLS #: 240005408SD
  • 2 Bedrooms
  • 2 Baths
  • 1,516 SqFt
More details Listing by James Yan, United Home Teams, Inc.

Active
  • Located in Coronado
  • Built in 1976
  • MLS #: 240004715SD
  • 3 Bedrooms
  • 3 Baths
  • 2,474 SqFt
More details Listing by Kathy Koop, Berkshire Hathaway HomeServices California Properties

Active
  • Located in Coronado
  • Built in 2009
  • MLS #: 240005130SD
  • 3 Bedrooms
  • 4 Baths
  • 2,400 SqFt
More details Listing by Janice Clements, Compass

Active
  • Located in Coronado
  • Built in 1980
  • MLS #: 240005380SD
  • 4 Bedrooms
  • 4 Baths
  • 3,149 SqFt
More details Listing by Janice Clements, Compass

Pending
  • Located in Coronado
  • Built in 1977
  • MLS #: 240002548SD
  • 3 Bedrooms
  • 2 Baths
  • 1,771 SqFt
More details Listing by Olga Lavalle, Douglas Elliman of California, Inc.

Pending
  • Located in Coronado
  • Built in 1940
  • MLS #: 240000067SD
  • 4 Bedrooms
  • 2 Baths
  • 1,472 SqFt
More details Listing by Christy Ward, Crestmont Realty

Active
  • Located in Coronado
  • Built in 1978
  • MLS #: 240001589SD
  • 1 Bedrooms
  • 2 Baths
  • 1,080 SqFt
More details Listing by Kina Formiller-Fowler, Coronado Premier Properties

Pending
  • Located in Coronado
  • Built in 1940
  • MLS #: 240002609SD
  • 3 Bedrooms
  • 2 Baths
  • 1,314 SqFt
More details Listing by Ken May, Compass

Active
  • Located in Coronado
  • Built in 1980
  • MLS #: 240006040SD
  • 3 Bedrooms
  • 3 Baths
  • 2,235 SqFt
More details Listing by Dino Morabito, Better Homes and Gardens Real Estate Napolitano & Associates

Active
  • Located in Coronado
  • Built in 1922
  • MLS #: 230017718SD
  • 3 Bedrooms
  • 2 Baths
  • 1,477 SqFt
More details Listing by Madeline Foley, Costa Modern Properties

Active
  • Located in Coronado
  • Built in 1978
  • MLS #: 240005376SD
  • 2 Bedrooms
  • 2 Baths
  • 1,375 SqFt
More details Listing by Felicia Bell, The Coronado Shores Company Inc

Active
  • Located in Coronado
  • Built in 1935
  • MLS #: OC24050543
  • 1 Bedrooms
  • 1 Bath
  • 635 SqFt
More details Listing by Ioana Laroni-Stanciu, Joe Cafasso Broker

Pending
  • Located in Coronado
  • Built in 1987
  • MLS #: 230019232SD
  • 4 Bedrooms
  • 3 Baths
  • 2,378 SqFt
More details Listing by Caroline Haines, Berkshire Hathaway HomeServices California Properties

Active
  • Located in Coronado
  • Built in 1973
  • MLS #: 240003652SD
  • 3 Bedrooms
  • 2 Baths
  • 1,729 SqFt
More details Listing by Jaime Bea, Coronado Cays Realty

Active
  • Located in Coronado
  • Built in 1952
  • MLS #: 240005744SD
  • 3 Bedrooms
  • 2 Baths
  • 1,511 SqFt
More details Listing by Dino Morabito, Better Homes and Gardens Real Estate Napolitano & Associates

Pending
  • Located in Coronado
  • Built in 2014
  • MLS #: 240005420SD
  • 3 Bedrooms
  • 3 Baths
  • 1,450 SqFt
More details Listing by Kyndal Gross, Douglas Elliman of California, Inc.

Active
  • Located in Coronado
  • Built in 1971
  • MLS #: 240006023SD
  • 4 Bedrooms
  • 3 Baths
  • 2,218 SqFt
More details Listing by Renee Wilson, Compass

Pending
  • Located in Coronado
  • Built in 1974
  • MLS #: PTP2400450
  • 2 Bedrooms
  • 2 Baths
  • 1,165 SqFt
More details Listing by Raquel Fernandez, Coronado Shores Company, Inc

Pending
  • Located in Coronado
  • Built in 1924
  • MLS #: 240004535SD
  • 4 Bedrooms
  • 2 Baths
  • 1,356 SqFt
More details Listing by Kathy Koop, Berkshire Hathaway HomeServices California Properties

Active
  • Located in Coronado
  • Built in 2015
  • MLS #: 240005891SD
  • 5 Bedrooms
  • 5 Baths
  • 3,675 SqFt
More details Listing by Joshua Barbera, Salas Properties

Pending
  • Located in Coronado
  • Built in 2015
  • MLS #: PTP2401220
  • 4 Bedrooms
  • 6 Baths
  • 3,258 SqFt
More details Listing by Julie Adams, Real Broker

Pending
  • Located in Coronado
  • Built in 1979
  • MLS #: 240005192SD
  • 1 Bedrooms
  • 1 Bath
  • 1,080 SqFt
More details Listing by Lorena Saenz Ruiz, Pacific Sotheby's International Realty

Pending
  • Located in Coronado
  • Built in 2007
  • MLS #: 240005391SD
  • 3 Bedrooms
  • 5 Baths
  • 1,958 SqFt
More details Listing by Caroline Mickel, Berkshire Hathaway HomeServices California Properties

Active
  • Located in Coronado
  • Built in 1982
  • MLS #: PTP2306115
  • 1 Bedrooms
  • 2 Baths
  • 1,471 SqFt
More details Listing by Pat Hutchins, Patricia Hutchins

Active
  • Located in Coronado
  • Built in 2008
  • MLS #: 240004507SD
  • 3 Bedrooms
  • 3 Baths
  • 2,036 SqFt
More details Listing by Edith Salas, Salas Properties

Pending
  • Located in Coronado
  • Built in 1998
  • MLS #: 240001606SD
  • 5 Bedrooms
  • 6 Baths
  • 6,390 SqFt
More details Listing by Jaime Bea, Coronado Cays Realty

Pending
  • Located in Coronado
  • Built in 1974
  • MLS #: 240005179SD
  • 5 Bedrooms
  • 3 Baths
  • 2,682 SqFt
More details Listing by Jaime Bea, Coronado Cays Realty

Active
  • Located in Coronado
  • Built in 2004
  • MLS #: 240003688SD
  • 4 Bedrooms
  • 5 Baths
  • 5,517 SqFt
More details Listing by Carrie OBrien, Flagship Properties, Inc.

Active
  • Located in Coronado
  • Built in 1974
  • MLS #: 230021301SD
  • 1 Bedrooms
  • 1 Bath
  • 749 SqFt
More details Listing by Olga Lavalle, Douglas Elliman of California, Inc.

Active
  • Located in Coronado
  • Built in 2022
  • MLS #: 240004082SD
  • 3 Bedrooms
  • 4 Baths
  • 2,197 SqFt
More details Listing by Renee Wilson, Compass

Active
  • Located in Coronado
  • Built in 1990
  • MLS #: PTP2302822
  • 3 Bedrooms
  • 3 Baths
  • 2,091 SqFt
More details Listing by Taylor Smith, Willis Allen Real Estate

Active
  • Located in Coronado
  • Built in 1974
  • MLS #: PTP2400592
  • 1 Bedrooms
  • 1 Bath
  • 800 SqFt
More details Listing by Tina Gavzie, Compass

Active
  • Located in Coronado
  • Built in 1974
  • MLS #: 240005684SD
  • 1 Bedrooms
  • 1 Bath
  • 756 SqFt
More details Listing by Bruce Johnson, Coronado Realty Consultants

Pending
  • Located in Coronado
  • Built in 1974
  • MLS #: 240004131SD
  • 2 Bedrooms
  • 3 Baths
  • 1,668 SqFt
More details Listing by Deborah Pietkiewicz, RE/MAX Hometown, Realtors

Active
  • Located in Coronado
  • Built in 1972
  • MLS #: PTP2401352
  • 2 Bedrooms
  • 2 Baths
  • 1,320 SqFt
More details Listing by Olga Stevens, Willis Allen Real Estate

Active
  • Located in Coronado
  • Built in 1977
  • MLS #: PTP2401009
  • 2 Bedrooms
  • 2 Baths
  • 1,575 SqFt
More details Listing by Raquel Fernandez, Coronado Shores Company, Inc

Pending
  • Located in Coronado
  • Built in 1970
  • MLS #: PTP2400109
  • 8 Bedrooms
  • 7 Baths
  • 4,376 SqFt
More details Listing by James Nelson, Coldwell Banker West

Active
  • Located in Coronado
  • Built in 1979
  • MLS #: 240004850SD
  • 1 Bedrooms
  • 1 Bath
  • 1,080 SqFt
More details Listing by Martha Kuenhold, The Coronado Shores Company Inc

Active
  • Located in Coronado
  • Built in 2006
  • MLS #: 240002221SD
  • 3 Bedrooms
  • 5 Baths
  • 1,850 SqFt
More details Listing by Renee Wilson, Compass

Pending
  • Located in Coronado
  • Built in 2011
  • MLS #: 230022157SD
  • 3 Bedrooms
  • 5 Baths
  • 3,295 SqFt
More details Listing by Lisa Poli, Douglas Elliman of California, Inc.

Pending
  • Located in Coronado
  • Built in 1991
  • MLS #: 240005366SD
  • 2 Bedrooms
  • 3 Baths
  • 1,464 SqFt
More details Listing by Janice Clements, Compass

Active
  • Located in Coronado
  • Built in 1983
  • MLS #: 230022177SD
  • 3 Bedrooms
  • 3 Baths
  • 3,742 SqFt
More details Listing by Katherine Pounds, Compass

Active
  • Located in Coronado
  • Built in 1973
  • MLS #: 240000694SD
  • 2 Bedrooms
  • 2 Baths
  • 1,674 SqFt
More details Listing by Bridget Petrie, Berkshire Hathaway HomeServices California Properties

Active
  • Located in Coronado
  • Built in 1919
  • MLS #: 240005113SD
  • 3 Bedrooms
  • 2 Baths
  • 714 SqFt
More details Listing by Janice Clements, Compass

Pending
  • Located in Coronado
  • Built in 1910
  • MLS #: 240005018SD
  • 2 Bedrooms
  • 1 Bath
  • 1,008 SqFt
More details Listing by Cathy Brown, Crestmont Realty

Pending
  • Located in Coronado
  • Built in 1915
  • MLS #: PTP2303959
  • 4 Bedrooms
  • 3 Baths
  • 2,414 SqFt
More details Listing by Kate Gillingham Milke, Coronado Island Realty

Active
  • Located in Coronado
  • Built in 2022
  • MLS #: 240005118SD
  • 2 Bedrooms
  • 2 Baths
  • 1,501 SqFt
More details Listing by Ruth Ann Fisher, Del Coronado Realty

Active
  • Located in Coronado
  • Built in 2022
  • MLS #: 240005140SD
  • 2 Bedrooms
  • 2 Baths
  • 1,564 SqFt
More details Listing by Ruth Ann Fisher, Del Coronado Realty

Active
  • Located in Coronado
  • Built in 1890
  • MLS #: 240005112SD
  • 3 Bedrooms
  • 2 Baths
  • 1,288 SqFt
More details Listing by Whitney Benzian, Douglas Elliman of California, Inc.

Pending
  • Located in Coronado
  • Built in 2023
  • MLS #: 230024254SD
  • 5 Bedrooms
  • 7 Baths
  • 3,326 SqFt
More details Listing by Gabriela Aceves Resendiz, Compass

Pending
  • Located in Coronado
  • Built in 1983
  • MLS #: 240001633SD
  • 3 Bedrooms
  • 4 Baths
  • 2,287 SqFt
More details Listing by Deborah Pietkiewicz, RE/MAX Hometown, Realtors

Pending
  • Located in Coronado
  • Built in 1982
  • MLS #: 230021280SD
  • 4 Bedrooms
  • 3 Baths
  • 3,210 SqFt
More details Listing by Jaime Bea, Coronado Cays Realty

Active
  • Located in Coronado
  • Built in 2022
  • MLS #: 230022558SD
  • 2 Bedrooms
  • 2 Baths
  • 1,145 SqFt
More details Listing by Whitney Benzian, Douglas Elliman of California, Inc.

Active
  • Located in Coronado
  • Built in 1936
  • MLS #: 230023626SD
  • 4 Bedrooms
  • 5 Baths
  • 3,003 SqFt
More details Listing by Felicia Bell, Coronado Shores Company

Active
  • Located in Coronado
  • Built in 1976
  • MLS #: 230019901SD
  • 2 Bedrooms
  • 2 Baths
  • 1,479 SqFt
More details Listing by Felicia Bell, Coronado Shores Company

Pending
  • Located in Coronado
  • Built in 1950
  • MLS #: 240000800SD
  • 4 Bedrooms
  • 3 Baths
  • 2,223 SqFt
More details Listing by Scott Aurich, Pacific Sotheby's International Realty

Active
  • Located in Coronado
  • Built in 2000
  • MLS #: PTP2401100
  • 5 Bedrooms
  • 6 Baths
  • 4,157 SqFt
More details Listing by Ricardo Ilko, Ilko Realty

Active
  • Located in Coronado
  • Built in 1989
  • MLS #: 240002329SD
  • 4 Bedrooms
  • 4 Baths
  • 3,689 SqFt
More details Listing by Scott Aurich, Pacific Sotheby's International Realty

Active
  • Located in Coronado
  • Built in 2007
  • MLS #: 240003988SD
  • 3 Bedrooms
  • 4 Baths
  • 2,193 SqFt
More details Listing by Edith Salas, Salas Properties

Pending
  • Located in Coronado
  • Built in 1930
  • MLS #: 240003045SD
  • 2 Bedrooms
  • 1 Bath
  • 994 SqFt
More details Listing by Russell George, HomeSmart Realty West

Active
  • Located in Coronado
  • Built in 2012
  • MLS #: 240003565SD
  • 4 Bedrooms
  • 5 Baths
  • 3,625 SqFt
More details Listing by Scott Aurich, Pacific Sotheby's International Realty

Pending
  • Located in Coronado
  • Built in 1923
  • MLS #: 240002636SD
  • 4 Bedrooms
  • 4 Baths
  • 1,910 SqFt
More details Listing by Caroline Haines, Berkshire Hathaway HomeServices California Properties

Active
  • Located in Coronado
  • Built in 2009
  • MLS #: 240002170SD
  • 7 Bedrooms
  • 6 Baths
  • 4,627 SqFt
More details Listing by Scott Aurich, Pacific Sotheby's International Realty

Active
  • Located in Coronado
  • Built in 2024
  • MLS #: 230020110SD
  • 3 Bedrooms
  • 3 Baths
  • 1,554 SqFt
More details Listing by Steven Cairncross, Berkshire Hathaway HomeServices California Properties

Active
  • Located in Coronado
  • Built in 1921
  • MLS #: 240000877SD
  • 4 Bedrooms
  • 5 Baths
  • 3,239 SqFt
More details Listing by Brooks Howard, Krone & Bushard, Inc.

Active
  • Located in Coronado
  • Built in 1977
  • MLS #: 240000435SD
  • 5 Bedrooms
  • 3 Baths
  • 3,618 SqFt
More details Listing by Zachary Thornton, Compass

Active
  • Located in Coronado
  • Built in 2012
  • MLS #: 230021379SD
  • 4 Bedrooms
  • 4 Baths
  • 2,882 SqFt
More details Listing by Cody Garcia, The Agency

Active
  • Located in Coronado
  • Built in 2021
  • MLS #: SW23197501
  • 7 Bedrooms
  • 11 Baths
  • 11,715 SqFt
More details Listing by Ericca Woodruff, Coldwell Banker Assoc.Brkr-Mur

Active
  • Located in Coronado
  • Built in 1989
  • MLS #: PTP2305753
  • 5 Bedrooms
  • 5 Baths
  • 4,415 SqFt
More details Listing by Jorge Alvarez, Compass

Active
  • Located in Coronado
  • Built in 1995
  • MLS #: PTP2303531
  • 8 Bedrooms
  • 10 Baths
  • 4,838 SqFt
More details Listing by Selene Aleman, The Agency

Active
  • Located in Coronado
  • Built in 2022
  • MLS #: 230022837SD
  • 2 Bedrooms
  • 3 Baths
  • 1,410 SqFt
More details Listing by Ruth Ann Fisher, Del Coronado Realty

This information is believed to be accurate, but without any warranty.

Open Houses in Coronado

If you’re in the market for a new home or just love staying current with what’s on the market, check out the list of Coronado open houses happening this weekend. We can help you plan a day to tour homes for sale that are having an open house. When browsing homes for sale in Coronado, just hit the save button and build your open house list of homes you want to tour. If you’re not finding any open house options on a property you want to tour, our local Partner Agents can schedule a private tour for you.

Making an Offer to Buy a Home in Coronado

We’ve automated the home buying and selling process in order to save thousands for buyers and sellers. Once you’ve found the Coronado home for sale that you want to buy, just enter the address in our offer submission form and we’ll automatically draft a legal offer within minutes. In return, you’ll receive a 50% commission credit back for closing costs.

Coronado Home Values

Determining your Coronado home’s value is a 3 step process. A great way to begin is by checking your property value using our automated home valuation software. This free tool can help you determine what your home might sell for and even calculates estimated rental income it could generate by leasing out your property. To begin the process of determining your Homes value, start a free instant home valuation.

Coronado Foreclosures

If you’re looking to purchase a Coronado home for sale at a bargain price, foreclosures can often be a great opportunity for experienced investors. If a homeowner defaulted on their mortgage and is unable to pay off their debt before their home auction date, the property will revert back to the lender through the Coronado foreclosure process. Once a home has been foreclosed on, it will either be sold off in bulk by the bank or listed with an agent who will add to the MLS. Prior to entering into the MLS, it is often only possible to purchase a foreclosure if you have cash. However, once the property comes on the market through the Coronado MLS, there is typically preference within the first 2 weeks to FHA or other government-backed mortgages; if the prior loan foreclosed on was a government-backed mortgage.

Coronado Short Sales

If a homeowner is having difficulty paying their mortgage and their Coronado home value has gone down below their mortgage amount, they may be considering a short sale. When a seller lists their Coronado home for sale as a short sale, they accept only one offer and submit it to their bank with a short sale package requesting mortgage debt relief. If their lender approves a short sale, they will inform the seller of the minimum net proceeds the bank will take in order to write off the sellers defaulted debt. It is often difficult to reduce the lenders’ short sale approval amount once the lender has made their decision. On loans with mortgage insurance, the lender’s losses are often covered by their insurance up to a certain amount. If a lender accepts a short sale they are likely to not receive a payout from their insurance, so knowing what coverage they have on a loan policy is key when requesting a short sale. If you’re interested in purchasing a Coronado home for sale that is listed as a short sale, know that it can be a lengthy process. Those that wait can often get a better deal than a foreclosure; since the bank only reviews 1 offer versus a foreclosure which may have multiple bids. However, a short sale could take months where a foreclosure sale can be sold within days.

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