Santa Clarita Foreclosures and Bank Owned Update

    Santa Clarita Foreclosures for sale

    Foreclosure Tracking

    We keep tabs on the Foreclosure inventory in the Santa Clarita Valley cities and today, as of the time of this post at 0424am, we have 13 active Foreclosure/REO listings currently on the market for sale.

    Current REO listings

    Mandan Street – Sundowner Way – Rue Drive – Wren Drive – Seco Canyon – Camino Allegre – Anzel  Gaspher – Rocca – Whippoorwill – Bernardo Way – Town Center Drive – and Sycamore Creek.

    Foreclosures taking the back burner

    The one thing that is completely different in today’s real estate market is that the Foreclosures are not getting the attention they used to.

    In the past, the REO listing (real estate owned – indicating bank ownership), sold quickly.  Multiple offers within days, and with some banks waiting 21 days to review the listings, they were off of the market after that.

    Taking longer to sell

    Looking at these listings – we have a totally different view from the real estate buyers in today’s market.

    The Days on market average is in the 50 day range and these 13 properties are still active and for sale.

    Most REO agents are more marketers

    It could also be that the REO agents handling these assets are not marketing or advertising them properly. But, that is a story for a different article related to the Foreclosure in the current market.

    Below you will find the top 7 Bank Owned and Foreclosure listings on this list. If you want to see everything, click on the link preceding this REO list.

    Be sure to visit Further Resources related to Foreclosures in Santa Clarita Valley Cities 


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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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