Is now the best time to sell my condo or town-home

    Santa Clarita RealtorsGreat question from Lu – they wanted to know, without any fluff, if they should sell now, or wait until after the first of the year.

    Most agents will say, sell NOW! – Hurry before it’s too late.

    Darn agents!

    The bottom line comes in the way of what Lu would like to do later.

    Maybe they want to sell to move up. In that case, it is mostly a wash in all cases.

    They will be selling for the same gain they would achieve, that is in any market.

    Some factors to consider will be the best time of  year to sell.

    History dictates the best time to sell is the spring in the Santa Clarita Valley Cities.

    Listing their real estate in late February and then looking for a property to move too.

    Other things to consider is if their home is FHA approved or VA approved. The 3.5% down loan being FHA and the 0 Down VA buyer can be very constrictive as far as condos and townhomes.

    Are they still approved?  Maybe those complexes are not FHA or VA approved. This would create a hinderance with regard to selling for top dollar.

    There are only a handful or condos/towhomes that are FHA / VA approved.

    When it comes to selling real estate, there are many factors to consider.

    With single family residences, if they are in any simbilance of shape, they are good to go for both loan programs.

    Conventional, the 20% down loans, work for mostly all real estate re-sale properties.

    If they are selling a Canyon Country Townhome, the thing to check will be whether or not they are FHA or VA approved.

    If that gets a green light, they may be good to go for a Single Family Home purchase.

    Depending on the applicable inventory that fits within their particular loan amounts and strategy.

    As we tell our clients, it depends. It depends on what you are wanting to do with your real estate and your aspirations.

    Enjoy our latest blog post and thanks to LU for asking the question!

    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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