When representing our REMAX of Santa Clarita relocation clients – we get asked about Foreclosures, their inventory, bank owned, and other types of distressed real estate in the Santa Clarita valley a lot. That is where we shine because we have built and bought the systems to allow for our clients to stay on top of the “Foreclosure and bank owned search”.
This is without our clients having to be thrown to the wolves when giving up their personal information. Their data, name and email address is only seen by my team and I. They are not signed up magically for a newsletter or opted into our conversation. They are given the exact data as they have requested it.
The question always hits us from different angles. “Is this real estate market going to recover or are we going to have more foreclosure and bank owned inventory coming in the future?”
The latest data released by UFA L.L.C., a firm located in Ann Arbor Michigan that researches mortgage activity, states that foreclosures are expected to decrease in the next year. After four years on the rise there is no doubt that it will be nice to see foreclosures start to subside.
Improvements in the foreclosure arena are seen linked to tighter lending practices, home prices stabilizing, and an improving economy. The one element working against foreclosures is the increasing unemployment which will leave some without the ability to make their mortgage payments.
The onslaught of no-doc loans and inflated home prices led to four years of increasing foreclosures. The decline of real estate values is largely attributed to an elevated rate of foreclosures. A decrease in foreclosures will be a welcome sign for a real estate market that has seen better times.
When you are ready please reach out to us so we can schedule a meeting in our offices at REMAX of Santa Clarita. That way we can get to your bottom line and develop a game plan that is personalized depending on your specific real estate needs. We also wish to extend our offer for you to bring any of your friends or family along with you. We think the more “critics” the better and we don’t want our clients to ever fell pressured or trapped.
You are doing the hiring – you should be getting what you want our of the Agent you are hiring.