Santa Clarita Real Estate and Buyers Review, Cash Vs. Mortgage

    buying real estate in santa clarita with cash

    When we get calls from other agents that emphasize the fact their buyers are “all cash”, most often, my reaction will depend on who the seller is.  If our seller is a Bank and we are representing them with the sale of a Santa Clarita Foreclosure Property – that might be the best possible scenario.  If our Seller is a “equity type home-owner” – that might have it’s drawbacks!

    Often people considering investing in real estate weigh the option of cash vs. mortgage. There are some great deals in today’s market and often offering a cash deal can make a deal even sweeter. When cash is involved there is no mortgage, therefore no chance of a financial contingency getting in the way of closing. Cash is king, but is cash the best avenue for you and your real estate transaction?

    Cash is great for:

    • negotiating power
    • negating a financing contingency
    • speeding up a closing date
    • eliminating a monthly loan payment

    BUT cash has its downside as well, a cash deal:

    • ties up assets
    • eliminates a mortgage interest tax deduction

    Buying a property with cash to get the best deal possible could be a smart move, after all you could always finance the property later. As with any investment deal, knowing your financial position is instrumental to making the wisest decision. Owning a home outright allows for equity if needed in the future for the buyer, and allows a seller peace of mind in knowing a home will close after inspection and appraisal contingencies are met. Buying in cash is great in a bargain hunting situation but should be approached with caution and evaluation.

    Click here to read an article from Realty Times regarding all-cash deals and the potential tax implications.

    The most recent Foreclosures in the Santa Clarita Valley – all with less than 3 days on the market for sale!

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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. is where you will find over 10,000 real estate articles. Go to to listen to their latest real estate radio broadcast.
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