Bank Owned Homes in Santa Clarita Valley Sell for Much Less

    bargain real estate in Santa Clarita Valley

    A couple of points of interest before you read this post:

    1. If you want to view the Pre-Foreclosures in the Santa Clarita Valley
    2. Click here if you want to view all of the Bank Owned listings in Santa Clarita Valley

    Bank owned homes sell for much less than other homes, offering great opportunities for real estate investors. Bank owned properties, often referred to as REO properties, have already gone through the foreclosure process and are back in the hands of the bank or lender. While properties sold as short sales or sold during the foreclosure process are bargains too, the bank owned properties are selling for much less.

    Today’s real estate investor is looking for the absolute best deal possible when it comes to buying real estate, and many see the best deals as distressed properties. While this can certainly be true from a monetary perspective right out of the gate, often distressed properties come with a laundry list of issues due to the fact that they are sold as-is.

    The reality of realty these days is that distressed properties continue to represent a large percentage of real estate sales. There are many real estate professionals that specialize in distressed and bank owned properties. For the investor, buying these types of properties is best done when armed with knowledge, both of the local market and the home in question.

    If you are contemplating a short sale – make sure you get some expert advice before embarking on that journey.

    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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