Are more Foreclosures coming to Santa Clarita Valley cities in 2014


    We were asked this yesterday while doing one of our Google Hangouts.

    The answer is, Probably not. While the holidays are a typical slow time for the Banks and Note Holders, they are upon us, and therefore the Foreclosure Activity has slowed down.

    Foreclosure real estate updatesYou know how much I love talking about the Word on the Street, that “Word” is that we are going to see an uptick in Foreclosure Activity in 2014. However, that is probably not pertaining to the Santa Clarita Valley or anywhere else in Southern California.

    The one thing I can tell you is that the Short Sales should be able to move forward in 2014 within the State of California, if people want to have them negotiated.

    While the Debt Forgiveness Act may not be renewed(nationwide) – in California and other select states, it will remain in place, for most people, due to some effort on the California Government’s behalf.

    On the other side of the real estate coin, the property values have increased up to 40% from the low point in the real estate market and are, in some cities, 10-15% from the peak we experienced late 2006 and early 2007.

    This fact means that those that may be wanting to do a short sale to get out from under their real estate, may not have to short sale at all, if their equity has caught up.

    During August, we had a couple that I worked with on the LAPD approach me to have their home sold short. After running the comps and determining the value, I deduced they would not have to have us conduct a short sale and that they’d be okay with a standard sale.

    We closed Escrow on their home, with them having some money in their pockets, 45 days after we started marketing the property.

    Be safe – search well and thanks for checking out the latest in Foreclosure and Bank Owned updates from the Cities within the Santa Clarita Valley.

    If you want to get this daily drip of Foreclosure Activity, reach out us, and we will be glad to provide it. If you want to come back and see the latest Distressed update on your own, then just type the words:  Foreclosure Updates into the MaCboX at the top local Real estate website in the Santa Clarita Cities.

    The New Foreclosure Alert Intel:

    Your New Foreclosures alert, Paris911’s Auction Alert for Santa Clarita Valley, found a match.

     

    Stage Radar ID Street City Zip State Type Sq Ft Beds Baths Sale Date Est. Value Est. Bid

    Auction 22351 26523 BRANT WAY CANYON COUNTRY 91387 CA SFR 2738 5 3.00 01/06/2014 $546,185.00 $829,553.00

    Cancelled 475113 15508 LIVE OAK SPRINGS CANYON RD SANTA CLARITA 91387 CA SFR 3610 4 3.00 12/30/2013 $854,954.00 $732,611.00

    Auction 68763 19316 DELIGHT ST CANYON COUNTRY 91351 CA SFR 1124 3 1.00 01/07/2014 $330,220.00 $309,132.00

    Auction 365458 28209 SHIRLEY LN SANTA CLARITA 91350 CA CND 1677 3 3.00 01/02/2014 $370,491.00 $254,024.00

    Your New Foreclosures alert, Paris911’s Santa Clarita Bank Owned Real Estate Alert, found a match.

     

    Stage Radar ID Street City Zip State Type Sq Ft Beds Baths Sale Date Est. Value Est. Bid

    Bank Owned 513125066 28551 AGAJANIAN DR SANTA CLARITA 91390 CA SFR 2208 3 2.00 12/13/2013 $544,378.00 $405,378.53

    Your New Foreclosures alert, All Santa Clarita Cities – NOD filings – Updated, found a match.

     

    Stage Radar ID Street City Zip State Type Sq Ft Beds Baths Sale Date Est. Value Est. Bid

    Preforeclosure 512642238 25532 SCHUBERT CIR APT A STEVENSON RANCH 91381 CA CND 1348 4 3.00 04/08/2014 $352,660.00 $4,558.00

     

    Trackback from your site.

    Paris and Connor MacIvor

    Connor and Paris MacIvor are in the Top 1% of Realtors Nationwide, starting their real estate business in 1998 with RE/MAX Gateway - Santa Clarita Valley and Valencia CA. Their becoming licensed real estate consultants and representatives came from the horrible experience they had when they bought their first home. There were many things that the agent they had hired did not explain and disclose, which per law he should have. Getting that agent on the phone after they closed escrow and after he had gotten paid was impossible. Paris and Connor called the broker, the board of realtors, the office manager and all they received was the promise of a phone call back. The remedy did come, but not as fast and in the way they wanted. That act - that bad agent was the reason why Paris and Connor became Realtors. That was all they needed to vow to never let the same fate befall anyone else, that befell them. Today Connor and Paris are focused on client service. Protection and top-shelf service with regard to their real estate clientele. They primarily work within the Santa Clarita Valley and Valencia CA. However, for a referral, where 80+ of their business is referrals they have License and Will Travel to other parts of Ventura County, Los Angeles County, and Orange County to handle real estate transactions for those who trust their real estate operation. Writing on their Real Estate Blog is a passion. SCVnest.com/blog is where you will find over 10,000 real estate articles. Go to SCVnest.com/radio to listen to their latest real estate radio broadcast.

    Leave a Reply

    Contact Us Now

    Any questions, comments, or feedback

    SCVnest Radio Show (listen now)