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    Santa Clarita Bidding Wars are typical these days

    With the multitudes of buyers and the lacking inventory in the Santa Clarita valley cities – we have been watching as the bidding wars are continuing.

    And the winner is…

    We have Cash competing against conventional buyers.  We have the less than 20% down conventional buyers – the 5% and 10% competing hard and heavy with FHA borrowers.  We have VA and FHA slugging it out while belly to belly.

    Who is the ultimate winner in a bidding war?  The Seller of course.  When it’s a sellers real estate market in the Santa Clarita valley we see our Sellers Happy as Clams. (I’m not sure how happy a clam is – but I thought I’d try it…)

    Here are a few things you will want to watch out for when approaching any real estate listing as a buyer.

    Santa Clarita Radio Notes:

    • Bidding wars on real estate
    • because of constrictive inventory
    • not as many homes to sell as buyers
    • short sales, foreclosures, bank owned, regular standard equity sales
    • all across the board
    • what strategy is the best
    • 2 things – have your line in the sand
    • that price you will not exceed
    • abide by that number – don’t up your bid once you get to your line
    • Don’t go above your means
    • Highest and Best – They are different but the same 🙂
    • At least two buyers involved in a Highest and Best scenario
    • Highest – most money to the seller(net)
    • Best – has to do with financing
    • Closing Costs – you do and they don’t – they may win

    Be Safe – have a listen and enjoy the show notes above for our Santa Clarita Real estate radio show.  Talk soon…

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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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