Insurance and real estate protect your assET

    When we sell a home or represent buyers – the topic of insurance always comes up. For a home seller, there are plans which are available called a Seller’s Home Warranty. These are inexpensive and cover a lot of the internal components of the home during the sale. If one of the covered items breaks while the home is in escrow, Newtons Law, it will be covered by insurance policies of this type.

    By the way – if you want suggestions on Santa Clarita Insurance Agents and Agencies – Call me and I’ll turn you onto the best in the business. Tried and Proven on all levels.

    When we represent a home buyer, the discussion is about the actual Fire, Earthquake and Flood insurances which are available. In some cases, the home buyer’s earthquake policy maybe covered by an HOA, costing the buyer nothing. In other cases the home buyer will be “ordered” to buy insurance with a flood policy attached to it. These items are good to know before the home buyer spends money for inspection and appraisal. That is because those fee’s don’t return to the home buyer if they cancel the transaction.

    We cover these items within our crash course on real estate held in our Santa Clarita real estate offices. I want the home buyer and home seller to be informed when it comes to insurance options. More importantly, I want them to know the right questions to ask the insurance agent to best protect their assets.

    Santa Clarita Market update

    Less than adequate real estate inventory is available in the Santa Clarita Cities. We also see similar trends for real estate in Southern California. Reports have been posted comparing the sales last year, at this time, being higher than they are currently.

    That is not surprising. We had more real estate inventory at that time and also interest rates were in the mid and lower 3’s.

    The lacking inventory, positive economic employment numbers and low interest rates make this housing market way deep in the seller’s zone.

    There are a lot of home sellers not wanting to make a necessary move (per their own personal circumstances) because the interest rate they have won’t be able to be obtain on the home they’d be buying.

    That is the sticking point as to why we don’t have more real estate inventory hitting the market for sale.

    Breaking loose the Santa Clarita real estate market

    Mark my words – the Santa Clarita housing market will hit critical mass and those sellers will have to start moving, kicking off the market yet again.

    Another thing this time of year contributed is the school situation and time running out for home buyers who needed to coordinate their home buying with Fall Registration 2017. To move at this time would not have been as “convenient” as doing it during the spring/summer. Some schools won’t allow for late registration and would require the buyers to await Spring Semester 2018 to move their children.

    Check into it at the school you want your child to go to. Call them and make sure you get a name and email address. The name and email are so you can follow up with them via email to ensure you understood and to hold them accountable. Buying a home because you want a “better” school for your kids is honorable. Make sure you understand how it works with registration, proof of residency, time of year and other things.

    I’m Connor with REMAX Gateway and I’m glad to be at your service with consultation and representation services. Let me know when you are ready to move and I’ll ask you how high 🙂

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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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