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    Make sure you have prepared to purchase Santa Clarita real estate and not by late night TV

    The reports for the Single Family Homes in the Santa Clarita cities was compiled and completed yesterday.  You can view those market updates for the SCV cities by clicking on this link.

    The Low Point of Inventory saga continues within the cities that compose the Santa Clarita Valley.  If you want to talk about competition – the Condo and Town-home venue is riddled with cash investors that are flipping.  We have even seen this start to become more prevalent in the Single Family housing world as well.  Time will tell if the “cash investors” are going to slow their roll and give some of the “owner occupant type buyers” a chance within the first quarter of next year.

    The reason why they might relax with their “cash purchases” is due to the “Fiscal Cliff”.  The Q1 reworking of their bottom lines Santa Clarita real estate agentswhen it comes to the tax allowances that are going to remain in effect or that are going to be yanked.  

    Here is how you can stay in the know when it comes to preparation next year with your desiring to purchase a town-home or condo.  Stay local – Look for a local real estate agents.  Size them up on line and schedule a time when you can have a “sit down” with them in their offices.  Have them explain to you the FHA lending requirements on condo’s and town-homes.  Have them show you which complexes still allow for purchase with the FHA loan – 3.5% down payment.

    They will also, most likely, cover the conventional lending arm with regard to condo’s and townhomes as well.  Looking at the less than 20% down scenarios and what the lenders will require and which complexes will finance that way, which will not and why.

    This is also a good time to be referred to a local Santa Clarita lender.  Have your Realtor explain to you the difference between mortgage brokers and main line lenders.  They should be able to cover the advantages and disadvantages of each.  Also, have your real estate agents talk to you about the “late night lenders”.  Those that have big exposure on TV during the wee hours of the morning telling all buyers of the world how they can get you a 1.0% interest rate for 30 years, yada, yada, yada… 🙂

    If you want to be ready for Q1 2013, when it comes to buying a home, condo or town-home, being prepared will be of HUGE advantage for you and yours.  Remember, use local agents, use a local agents search engine for real estate because they are not in the business of generating leads – so their websites should be much more accurate than some of the real estate syndication websites.

    Condo and town-home market reports for the SCV city of VALENCIA

    Condo and town-home market reports for the SCV city of STEVENSON RANCH

    Condo and town-home market reports for the SCV city of SAUGUS

    Condo and town-home market reports for the SCV city of NEWHALL

    Condo and town-home market reports for the SCV city of CASTAIC

    Condo and town-home market reports for the SCV city of CANYON COUNTRY

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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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