Foreclosure Auction scams are out there just ask your Realtor

    Santa Clarita Valley Foreclosure ExpertsToday in the Foreclosure Realm within Santa Clarita Valley cities real estate we have 11 Foreclosure listings that are currently on the market for sale.

    Resource: What are the different statuses in Residential Resale?

    One of those is an Auction that is based online. Some of the Auctions that agents post into the MLS can be view by some in the industry as “scams” and things to watch out for. The best approach is to make sure your real estate agent explains the nuances of the online real estate auctions.

    In this case, there is an ultra low commission being offered and it costs the buyer $300 bucks to enter into the bidding process…

    Foreclosures, things to consider: When you read stuff online about the individual foreclosure listings that say something like, “Don’t Bother the Occupants – Don’t make contact for any reason – Do Not Disturb the Resident…”

    Those are keywords for a Foreclosure / REO property that is actually bank owned where those inside are either in the active stages of eviction or they are tenants who are enforcing a provable lease.

    This is a whole different animal versus a short sale that has similar warnings after it has been placed onto the active real estate market as being for sale.

    10 of the 29 REO/Foreclosures listings are currently in Pending Status.

    Additional Resources: What the pending status means in Santa Clarita Realty?

    8 of the foreclosure listings are in Back up status, meaning they have an accepted offer but the agent is not super confident in the buyers in place.  They want to keep the property being advertised and shown, just in case the current buyer falls out.

    Tip: When dealing with your chosen real estate agent, ask they their position on Back Up properties and what they think about including them in the properties they are going to be showing you.

    More Resources:  What does the term back up offer mean in real estate resale?

    Latest (off market) Foreclosure Activity:

    Your New Foreclosures alert, Paris911’s Pre-Foreclosure Alert for Santa Clarita Valley CA, found a match.

    Stage Radar ID Street City Zip State Type Sq Ft Beds Baths Sale Date Est. Value Est. Bid
    Preforeclosure 23820035 26534 TURNSTONE CT VALENCIA 91355 CA CND 1985 3 3.00 09/10/2014 $633,200.00 $207,066.00
    Preforeclosure 502542980 25339 CARSON WAY STEVENSON RANCH 91381 CA CND 1763 3 3.00 09/11/2014 $494,905.00 $235,283.00
    Preforeclosure 507409748 26500 BANNERMAN AVE NEWHALL 91321 CA SFR 1392 3 2.00 09/10/2014 $381,223.00 $300,719.00

    Your New Foreclosures alert, Paris911’s Santa Clarita Bank Owned Real Estate Alert, found a match.

    Stage Radar ID Street City Zip State Type Sq Ft Beds Baths Sale Date Est. Value Est. Bid
    Bank Owned 505442218 26908 FLO LN UNIT 461 CANYON COUNTRY 91351 CA CND 1003 3 2.00 05/16/2014 $219,450.00 $11,810.14
    Bank Owned 37421934 27910 BRIDLEWOOD DR CASTAIC 91384 CA SFR 2892 4 3.00 05/16/2014 $534,114.00 $562,000.00

    Your New Foreclosures alert, Paris911’s Sold to Third Alert for Santa Clarita Valley CA, found a match.

    Stage Radar ID Street City Zip State Type Sq Ft Beds Baths Sale Date Est. Value Est. Bid
    Sold to 3rd 799727b 19313 CEDARCREEK ST CANYON COUNTRY 91351 CA SFR 1144 4 2.00 05/16/2014 $354,226.00 $285,000.00

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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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