Today, I spoke with two of the top Short Sale experts in the Country. They gave intel related to the 2015 real estate market and have verified that the short sale market for 2015 will be quite stellar on two fronts.
First – the 10 year arm – those loans that were signed back in 2015 have their balance due in 2015. There were millions of dollars of loans written that will mature in 2015.
While we are, in some cases, 7-12% off peak, we are still seeing that we are going to have these loans mature next year, without the balance necessary to re-fi or sell.
The second item that we are monitoring is the HELOC – home equity line of credit – loans that are also going to be maturing in 2015.
The best thing you can do is contact our Paris911 Team at REMAX of Valencia Realtors.
Check in to see what your best option may be. It could be that you have equity on your Santa Clarita home.
Maybe some of you do not. The thing to find out is going to be what your equity position is with regard to your Southern California Real Estate.
Find out what your home is worth and how much equity you have.
You are able to see this information by filling out the form below.
Find out what your Santa Clarita home or any Southern California is worth right now, in todays real estate market.
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