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    Santa Clarita Real Estate, Mortgage Terms

    Financing Santa Clarita real estateIf you are buying Santa Clarita real estate there is a good chance you need to acquire a mortgage.  There are a lot of mortgage terms floating around out there that indicate length of loans, types of loans, and more.  One such term is ARM, otherwise known as an adjustable rate mortgage.  An ARM is exactly what it sounds like, a loan that adjusts over a specified period of time.  With an ARM loan the interest rate can change and so the payment amount of your loan can change over the lifetime of the loan.  The benefit of an ARM is that it allows you to buy a home in the Santa Clarita Valley with low payments to start, ideal if you are not planning to live in the home you are buying for very long.

    The disadvantage of an ARM is that payments can rise dramatically, going from payments that are doable for your budget, to payments that are completely unmanageable.  Some ARM loans are possible to acquire with a cap, so that you know off the bat what the worse case scenario as far as your payments go.

    Contact us today to learn more about different types of homes loans.  As experienced Santa Clarita Realtors we have a lot of knowledge of the mortgage industry and have many lenders that we can recommend.

    Contact us at Remax Santa Clarita today to learn more about Santa Clarita real estate, as well as to have free access to the Santa Clarita MLS and all Santa Clarita properties that are currently listed 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. 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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