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    Is Paying Off A Santa Clarita Mortgage A Good Idea?

    real estate financing in Santa Clarita CA

    We have completed our Santa Clarita real estate update earlier this AM.  We talked about the newest in homes for sale that were posted on the actual Multiple Listing Service.  It is definitely a Sellers real estate market today in the Santa Clarita Valley.  The reason for this comes down to a supply and demand issue.  We have buyers out in droves and very little supply of for sale real estate.  With the exception of the 14 new homes that had been listed for sale in the past 24 hours, the other available inventory is exceedingly low.  In fact, most of the first time buyers, never having purchased a home before, are quite frustrated if their agents are not explaining the current market using factual information and not just opinion.  If you want to see how the market is doing today in the Santa Clarita valley – click here for our Updated Santa Clarita Market Reports.

    Is paying off a mortgage a good idea? Who doesn’t love the idea of one less bill? For the majority of us our biggest monthly payment is our mortgage and having that off our plates gives us the sense of a much easier life. But is it a good financial move?

    The most relevant questions to ask are: How long do I plan to live in my home? Is that money better used elsewhere? Often the goal of a homeowner is to have a home paid for by retirement so that life can be enjoyed as debt-free as possible. So, if you plan on living in your home for the long term having it paid for early is a bonus.

    Is the money you are using to pay off your mortgage early better spent elsewhere? Many people borrow against their homes to pay for their children’s college or to start a business. There are times when using your money to make more money can make sense.

    The bottom line is to take a good, hard look at your finances. If you don’t have higher interest debts to pay off and your money is best spent paying off your home you will be enjoying a debt-free life a lot sooner than most.

    Please check out our Santa Clarita resources for real estate.  We have everything posted up at our Main SCV Realtor website at Paris911 dot com.  You can check on the current “off market” foreclosure inventory by scrolling down below the fold.  You can enter a city name or zip code to do your own “off market” distressed property search and inquiry.  This is one of the ways that we have been assisting our buyers get their hands on GREAT deals without needing the property to be listed for sale.  Click here for more intel about our One party show program for Santa Clarita real estate buyers.

    Here is the most recent addition to the real estate for sale in the Northbridge community of Valencia CA.  The listing below will indicate days on the market for sale and will change out when we have a Brand New Listing to display.   Be safe, only hire real estate experts for the regular selling or short selling of your Santa Clarita real estate.  Thanks bunches – my BEST.

    [idx-listings community=”Valencia Northbridge” minprice=”450000″ statuses=”1″ orderby=”DateAdded” orderdir=”DESC” count=”1″ showlargerphotos=”true”]

    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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