Foreclosures and Bank Owned homes in Santa Clarita update 2015-273

    Are you into foreclosures and bank owned homes in the Santa Clarita Valley Cities or within the other Southern California Areas?

    We have just posted the intel related to the Santa Clarita CA Foreclosures, short sales, pre foreclosures and the bank owned inventory.

    Santa Clarita Real Estate Valley Weekly Activity

    • New Santa Clarita Listings – 83Santa Clarita homes for sale
    • Santa Clarita listings that had price changes – 71
    • Properties in SCV than had their escrows cancelled and are for sale again – 31
    • Santa Clarita Home that entered back up status – 76
    • SCV homes that did not sell – 9
    • Homes in Santa Clarita Valley that entered the pending status in escrow – 53
    • Total Sold homes this week in Santa Clarita – 79

    Foreclosure Activity in Santa Clarita and So. California

    • 132 homes, condos and town-homes in Santa Clarita Valley are pre foreclosures (short sales)
    • 37 of those SCV residences are currently active and for sale
    • 25 homes in Santa Clarita Valley are bank owned foreclosures
    • 10 of those home in Santa Clarita CA are Active and for sale
    • 10 of those Santa Clarita residences are in the pending status of escrow
    • 5 Santa Clarita foreclosures are in backup status of escrow

    Total Distressed and Standard Sale Numbers

    • 677 total active Santa Clarita Valley inventory
    • 1005 real estate listings are in active and backup status currently
    • All statues combined in the SCV real estate inventory are 1289 homes, condos and town-homes
    • Total Foreclosure Active real estate listings in Southern California are 259

    During our real estate update we received a phone call from a male caller who wanted to know why he could not view and write an offer on a home that was in the “backup” offer position of escrow.

    While he did not say it so “realtor-ish” I knew what he meant.

    I said, the way the back up offer status works, you should have been able to view the home and write a “backup” offer. That is what that status is all about!

    He responded that his agent, not us, tried and the seller’s realtor told him that he could not even have us view the property. The seller is “tired and stressed” out by the entire home selling process.

    I explained, while this is not appropriate, this is not unusual.

    Many times agents will use the backup status of escrow to continue to market the property to the masses on the real estate syndication websites.

    This keeps the door open for leads from those who want to buy a the same home or a similar property.

    That is BAD business, if you are teamed up with a real estate agent or team who practices this black art of “misleading clients”, stop and contact me asap!

    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.
    Comments are closed.

    Contact Us Now

    Any questions, comments, or feedback

    SCVnest Radio Show (listen now)