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    Are there going to be more foreclosures in the Santa Clarita Valley?

    CNN has been reporting on the problems that the banks have had to face with the advent and proof of “robo signing”.

    I can’t say if that is going to make a “huge” impact on the Future of Foreclosures in the Santa Clarita Valley.  However, I have started to get calls again from “middle men” that have a legal office in the back ground, wanting access to my database.  Their desire is to call up our past and present short sale sellers and others wanting to see if they will be allowed to do a “chain of title” search.

    Within the Deed on a Home, if it moves from one bank (lender) to another, when your loan is sold, there is a track record.  They are saying that the “robo signing” broke that chain.  Therefore, if your home has not been “transferred” in the correct way, that could equate to you getting a principal reduction or something elseSanta Clarita Relocation banner.

    I was pitched fast over the phone, by the “pitchman” and I have not had a chance to speak with the attorney him/herself.

    One of the questions I have, “if the bank did not transfer the deed via title on your home correctly, was that the reason you were unable to make your payment?”  Or was the reason  your payment was unable to be made, because of something else.  Like Job Loss, cutting overtime, death, disease, or divorce?  I am not sure we are focusing on the right problem.

    I suppose if this can help get the banks motivated in giving principal reductions and approving loan mod’s – I’m all for it.  But at what upfront cost to Joe/Jane homeowner?

    Just so you know, if you are in our database – you needn’t worry about your personal information being given to anyone else – it is secure within our systems and will never be given, sold or traded to anyone.  Even if you wanted me to give your info to another – I would deny you and ask that you do it yourself.  (it protects you better that way).

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    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.

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