Are more Foreclosures on their way to market?

    9 Actual Real Estate Owned Foreclosures listings on the current Santa Clarita market for sale.Santa Clarita real estate and foreclosure agents

    6 REO listings are in pending status – more info: See what Pending means

    6 REO listings are in backup status – more info: See what backup means

    That’s it – that is all of the bank owned foreclosure inventory in the Santa Clarita Valley Cities.

    However, don’t be sad, this indicates that we are getting back to a healthy economy in the Santa Clarita Valley Cities.

    Back in 2009 – the majority of the real estate market were foreclosures. Back then, it was about developing an expertise as a realtor keeping up with bank requirements, massaging the “asset manager” gears, and working hard for our Foreclosure Buyers.

    Today, the hard work still exists, however, the banks have slowed down. We monitor the foreclosure and bank owned market and will continue to do so, even when the numbers get to less than 5 🙂

    Some did not want to sell their home short. They were waiting until the market recovered fully, so they would be able to off load their real estate listing at a break even, or with very little out of pocket.

    Due to our local Santa Clarita Valley and many real estate markets leveling off, it’s created concern and we are seeing an upswing in Short Sale listings, with our Short Sale team and with others in our SCV and SFV Cities.

    Make sure you look at the new foreclosure inventory for the Santa Clarita Valley cities.

    The link preceeding this text will show you everything that is currently REO/Foreclosure and for sale in the SCV Cities.

    Also – Make sure you check out our Foreclosure Radar Resource. Here is it below:

     

    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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