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    Do I have to miss payments when Short Selling in Santa Clarita?

    The question of the day is if a homeowner needs to be behind in payments before they are allowed to short sale.

    Don’t miss payments before short selling. Most of our clients come to our Santa Clarita Short Sale team after they have missed a lot of mortgage payments. Don’t believe everything you hear. We have had a client that remained current on a bank of America loan where the short sale went through without a hitch. In fact, the bank told our client that a short sale would never be allowed unless he had missed enough payments to trigger a notice of default filing.

    However, we continued with our short sale negotiation, which is done in house at the Paris911 team, besides what our client was being told. It closed showing as a charge off with no lapse in payment history. A true win for this homeowner.

    A couple of points. The banks we have worked with have not put in writing what they say over the phone about the need to have the homeowner miss payments.

    Make sure you are working with professionals when it comes to you short selling. This is very important. Be safe.


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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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