• Home
    • Short Sales
    • Stevenson Ranch foreclosure discounting – Numbers tabulated for November 2012

    Stevenson Ranch foreclosure discounting – Numbers tabulated for November 2012

    Stevenson Ranch foreclosure data

    You can now said you have gotten the rest of the intel as it relates to the Foreclosure scene for Zip Code 91381.  This graph is the most current results as they apply to the Foreclosure Discounting data for Stevenson Ranch CA.

    This graph depicts three items – first – let’s establish the values.  The Red Graphical Lines indicate properties that sold back to the bank at auction in Stevenson Ranch.  The orange graphical lines indicate those Foreclosures that sold to a third (3rd) party at the auction.

    On top of the line indicating “0” – you are in the “more than range”.  Below the line indicating “zero – 0” you are in the “less than range”.

    As a Foreclosure Buyer or savvy investor – It pays BIG for you to be below the line.  If you are below the line of Zero – you are making “more” money.

    • Winning Bid versus Loan Amount – You have  the homes selling at auction within Stevenson Ranch selling back to the bank at an average of 15.5% less than their loan amounts.  You have the Stevenson Ranch properties that went to auction selling at a 45.7% discount from their loan amount to investors.
    • Winning Bid versus Market Value – A sign of the times, when prices are increasing – as they have been routinely since 2011 in Stevenson Ranch due to the constrictive nature of our real estate inventory, you have some that are paying more.  This is the case with this graphical indicator. In this case you have the properties selling for 9.7% more than their Market Value on the “back to bank side or REO”.  6.6% below their Market Value in Stevenson Ranch to Third Parties / investors.
    • Winning Bid versus Opening Bid – This part of the graph will make sense to the current real estate buyers in Stevenson Ranch CA. Properties have been increasing in price, that data is easy to see.  We see a 30.1% increase being offered over Fair Market Value at the Real Estate auctions by investors (the Third Parties).

    Breaking down the Foreclosure data for Stevenson Ranch, while seemingly strange to some, is the best way in which to understand and digest it.  We have several other options to assist our buyers in this Foreclosure Expert Realm.  Whether investor or just curious about the market – here are some other Stevenson Ranch foreclosure resources that will be of assistance.

    Remember, if you are not working with a Real Estate professional, we would like to interview for the job.  We are local Santa Clarita real estate agents with REMAX’s Paris911 Team.

    Be Safe – Search well and please enjoy our resources.  As with everything we offer – you will never be spammed or added to any list when inquiring.  We hate that too.  However, if you want to subscribe to the updates on our Santa Clarita Foreclosure and Short Sale blog – feel free to enter your email in the margin above.  It’s free, easy and comes by email delivered by Google.

    Trackback from your site.

    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.

    One Response to “Stevenson Ranch foreclosure discounting – Numbers tabulated for November 2012”

    Leave a Reply

    Contact Us Now

    Any questions, comments, or feedback

    SCVnest Radio Show (listen now)