Santa Clarita Short Sale Frustrations

    Short sale frustrations with Santa Clarita Short Sales – or any Short Sale – could easily be the reason so many homes head to foreclosure. The lengthy time frame to complete a short sale, combined with hanging in the balance waiting for the mercy of the lender is wearing to say the least. A short sale can be a great way to avoid foreclosure and save a credit rating but it often takes thick skin and a whole lot of patience.

    There are also a lot of so called, “Short Sale Centered companies” that have come out from nowhere since short sales have become profitable for the agents and those negotiating them.

    You see, a short sale should not cost you anything – IN fact, the bank will pay your Real Estate agent – the one that is representing you and the one that is bringing the buyer. Most Agents farm out the work to other agents or lawyers – When they do so, without informing you, you then have a GREAT chance to become the client of someone that you did not intend to hire in the first place 🙁

    One of the most frustrating things about a short sale is the fact that if the home were already foreclosed upon it could be sold immediately, possibly for less than it would sell for a short sale price, so why won’t the bank simply agree to a short sale? Either way the bank is losing money, why go through the foreclosure process if the home could be sold as a short sale? Be prepared. Have proof of what your home is worth in today’s real estate market and demonstrate that accepting the short sale is in the lender’s best interest.

    A short sale has a much better chance of occurring when an experienced REALTOR is involved. When connections exist the short sale process tends to run more smoothly. The key to a successful short sale is preparation and determination.

    Click here for access to short sale help, and find answers to the most common short sale questions.

    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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