Santa Clarita foreclosure news and other Santa Clarita Short Sale Updates

    Santa Clarita short sale negotiators

    The latest in Foreclosure News has been posted below.  You will see that most of the stories agree with the lacking releases regarding the Foreclosure Inventory for the Santa Clarita Valley cities and beyond.

    Short Sales – everyone is wanting to push along those Short Sale time frames.  They are now down to a mandatory 72 hours for intake of documents, when it comes to most banks.

    There is a 30 day timeframe for review – if the property has no investors.  If there are investors involved – that pushes the time frame for review and approval/denial to 60 days.

    Here is a key to your Short Sale Success – Make sure you are working with those real estate agents that know their way around a short sale.

    Some of the benefits of the BEST short sale agents in the Santa Clarita Valley have to do with the short sale they have assembled.

    If they are have a committed – full time staff – that works on the negotiation end of your Santa Clarita Valley short sale, that is a definite plus.

    If they have hired an “on staff” negotiator and don’t farm out their Santa Clarita short sale files to a third party negotiator – all the better.

    Look to the Paris911 Team at REMAX to assist you with your short sale issues.  We have confidential meetings held within our offices at REMAX of Santa Clarita CA.

    Foreclosure News provided by Paris911

    Prices rising and foreclosures dropping in region’s housing market
    Ct Post
    Also on Tuesday, California-based CoreLogic released its report on foreclosure rates and the Stamford-Bridgeport market, which includes Danbury, experienced a drop of 0.25 percent to 4.38 percent in December of 2012 compared to a year ago.
    See all stories on this topic »
    New home sales up, foreclosures down in Southern California
    Inland Valley Daily Bulletin
    The Southland’s housing market is heating up as prices have popped to their highest level in six years, new home sales are increasing and foreclosure activity is on the wane, according to reports released Tuesday. In the Los Angeles metro area, home 
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    Foreclosures up, prices down slightly in area reports
    TheNewsTribune.com
    Foreclosures up, prices down slightly in area reports. The rate of foreclosure among outstanding mortgage loans in Tacoma was 3.95 percent in December last year, an increase of 1.77 percentage points compared with December 2011, according to data 
    See all stories on this topic »
    Foreclosures, mortgage delinquency heading in right direction
    South Florida Business Journal
    Miami-Dade, which has been the region’s epicenter of foreclosures and delinquency, also saw a drop in mortgage loans that were 90 days or more delinquent in December, according to CoreLogic. Miami-Dade had a delinquency rate of nearly 21 percent, 
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    Mortgage delinquencies, foreclosures drop in Kansas City
    Kansas City Business Journal
    Mortgage delinquency rates and residential foreclosures are on the decline in Kansas City, according to a new report. Data analytics firm CoreLogic reported Tuesday that Kansas City’sforeclosure rate in December was 1.35 percent of outstanding 
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    Court grants tax foreclosures on 385 properties
    The Daily Telegram
    Tax foreclosures were ordered Monday on 385 Lenawee County properties, a 23 percent jump from a year ago. Payment plans have been set up for at least 25 property owners since a show-cause hearing on Feb. 4 when a list of 483 properties were in the 
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    Birmingham foreclosures, delinquencies fall in December (Video)
    Birmingham Business Journal
    The foreclosure rate fell 0.18 percentage points to 1.41 percent in December from 1.59 percent in December 2011, real estate research firm CoreLogic reported today. The delinquency rate fell 0.53 percentage points to 5.79 percent from 6.32 percent in 
    See all stories on this topic »
    Foreclosures in Tri-Cities make a jump
    KEPR 19
    Foreclosures among outstanding mortgages rose nearly half a percent compared to last December. Wayne Langford, a regional spokesman for Windermere Real Estate weighed in. “The idea of more people losing their homes isn’t rattling agents. It’s certainly 
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    Foreclosures falling in Greater Des Moines
    Business Record
    Foreclosure rates in Greater Des Moines decreased in December over the same period last year, according to real estate analytics firm CoreLogic Inc. The rate of foreclosures among outstanding mortgage loans was 2.35 percent, compared with 2.48 percent 
    See all stories on this topic »
    Twin Cities housing recovery gains steam
    Minneapolis Star Tribune
    Twin Cities housing recovery gains steam. Article by: JIM BUCHTA , Star Tribune; Updated: February 26, 2013 – 9:51 PM. Market data show that housing prices are up, more new houses are being sold and foreclosures are down. 0 · comments; decrease font 
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    Milwaukee foreclosure rate hit two-year low in December
    The Business Journal of Milwaukee
    CoreLogic’s reports have shown foreclosures on a slow but steady decline for the past year in the Milwaukee, West Allis and Waukesha area, with December’s rate marking the lowest in more than two years. The number of borrowers who are delinquent on 
    See all stories on this topic »

     

    Blogs 1 new result for foreclosures
    Foreclosures – Curbed National
    By Sarah Firshein
    Failed basketballer Robert Swift is refusing to leave his foreclosed Seattle-area home, preferring, instead, to live among walls with bullet holes and empty Four Loko cans. As if the story…
    Curbed National

     

    Web 2 new results for foreclosures
    Foreclosures: Waypoint Homes, others invest in distressed real 
    The sunken tub inside the master bathroom has potential. But the dusty, dated black countertop is a goner. “Back in 1982, somebody thought that was awesome .
    articles.sun-sentinel.com/…/fl-waypoint-foreclosed-homes-201…
    New Foreclosures Lowest Since 2006
    Foreclosure starts have fallen to their lowest level in six-and-a-half years, after new regulations in California sharply reduced foreclosure actions there.
    www.mortgageloan.com/new-foreclosures-lowest-2006-9365

    Short Sale News provided by Paris911

    RPR partners with Fannie Mae on short sales
    Inman.com
    Realtors Property Resource, a subsidiary of the National Association of Realtors, has formed a strategic partnership with mortgage giant Fannie Mae focused on closingshort sales more efficiently. The partnership will expand the listing information for 
    See all stories on this topic »

    Inman.com
    Home sales up, but market still struggles
    Dekalb Daily Chronicle
    But Landeck, a mortgage adviser with Sycamore-based National Bank & Trust Company, said those numbers include a large amount of foreclosures and short sales that have prevented the market from truly recovering. DeKalb County saw a record number of 
    See all stories on this topic »
    Florida Representative Rooney Introduces Bill to Speed up Short Sales in Florida
    LoanSafe
    (Source: U.S. Rep. Tom Rooney) – U.S. Rep. Tom Rooney (FL-17) and U.S. Rep. Robert Andrews (NJ-1) today introduced bipartisan legislation that will speed short sales and spur growth in the housing market by requiring lenders to decide whether to accept 
    See all stories on this topic »
    EDHEC-Risk Institute lists weight of evidence on effects of short selling and 
    Opalesque
    Ducoulombier reflects on the academic studies which have concluded that short sellers contribute positively to market efficiency. “Research that has been undertaken by Securities and markets regulators around the world introduced bans on shortselling 
    See all stories on this topic »

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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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