Can I get a home for under market value in a Short Sale?

    The answer to this question – “Can I get a home for under market value in a Short Sale?”

    You will be backed up by your bank’s appraiser when approaching any Short Sales after you have an accepted offer and after the short sale has been “approved”. That could be a time frame that equates to months after the initial offer was written.

    In a declining market where has the original value gone over a time frame of months?  Exactly, down – which will be emphasized when your appraiser has a look at the property.  I say “your appraiser” with a bit of a “tongue in cheek” grin.

    Actually, the appraiser does not care about you in the least.  Usually that would be a statement that one would take offence at.  But in this case, I think that is totally advantageous to you as a buyer of real estate.

    The appraiser wants to do the best evaluation and establishment of sales price possible for the bank that employs them. (that means, most of the time, a lower appraised value)

    Below is our Newest Short Sale Listing.

    (if you don’t see it, 24349 Alyssum Place – Valencia CA, 91354 – then it has sold – but there are others)


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    Below that we have placed all of the Short Sales that are in all of Southern California – then the Short Sale listings that are only within the Santa Clarita Valley in list form.
    [idx-listings linkid=”146793″ count=”7″ showlargerphotos=”true”]

    [idx-listing mlsnumber=”F11104664″ showall=”true”]
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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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