Every single year – we see a bump in inventory numbers from the beginning of February throughout June – July. This year will not be any different and may have a “bit more to offer” than usual.
This comes in the way of the debt forgiveness act being extended. According to the pre foreclosure data for the Santa Clarita Cities – we have not experienced a slow down when it comes to folks NOT submitting their mortgage payments. We have seen a increase.
The banks are still a bit show on the recording of the Notice of Default filings – that is primarily due to them being overwhelmed by those that are filing for loan modification and other local “law” changes for the homeowners.
I totally think we will see a “kick in the butt” when it comes to new real estate inventory. Most of those that are contemplating a short sale have to let it run’t it’s course with the Loan Modification and the HUD counseling. After they finish with that process, and if the bank is unable or unwilling to do any adjustments, – they are ready to get the home listed with a Santa Clarita short sale expert.
It is at that time, the short sale expert will gather all of the the necessary documents and places the property onto the market for sale. This is where you will see it posted. Click here to view Paris911 dot net for the latest in Real Estate inventory for the Santa Clarita Valley Cities.
Yesterday – we just finished off our market updates for each of the Santa Clarita Valley Cities. You will want to have a look at where inventory is and just how motivated buyers are today when searching for homes and real estate for sale.
We also put up a post on “how to avoid Foreclosure in the Santa Clarita Valley”. You can click on that link to get the intel on how Foreclosure is avoided in Santa Clarita CA.
Here is something is just hit our Santa Clarita Lost and Found Website – It’s a lost cat – Lost in the area of Bouquet Canyon in Santa Clarita California. Click here for the link. Apparently this feline has been microchip-ed – so there may be a chance to have her recovered – I sure hope so, knowing how hard it is to have a pet go missing… Please help.
That is your Santa Clarita real estate daily update. Get great real estate advice. Make sure you are working with the best in your local real estate venue. They will have all of the answers and if there is something they don’t know – they will find out and not BS you.
Santa Clarita real estate news posts from yesterday by The Paris911 Team at REMAX – enjoy: