• Home
    • Relocation
    • The market ain’t dead, it’s just on vacation by appearance

    The market ain’t dead, it’s just on vacation by appearance

    They ask, “How much longer must we endure this market?”  “Are there any signs of recovery?”

    “We are not out of the woods yet, but we are speeding the process of cutting through the forest.”

    Here is how it is as of late.  With Short Sales being the prevalent type of real estate listing in the Santa Clarita Valley, three Senators are pushing a bill that will speed up the Short Sale process.

    Being loyal to your real estate agentAs it is now, when you have a mortgage holder that is not plugged into the Equator.com system, to get a sellers short sale accomplished, is it done completely by FAX.  Facsimile machines used to be the way business was accomplished – but in today’s time with e-mail and voip – I think not.

    I am not sure what the “why” is with the banks that are remaining on the Short Sale negotiation by FAX system, I can only deduce they are not as “motivated” to allow for short sales to be processed and accomplished.

    When the bank will not give you an email address, or direct phone number, and when you have the short sale file change hands 7 different times, there is a particular “appearance” that is created.  When we had a cop that spent way too much at the coffee shop and when they did everything to avoid taking a report, there too was an “appearance” that was created.

    When a Short Sale agent faxes the same document over 23 times, only to be told by the bank it has not been received, it makes us want to scream.  If you scream in the woods and if no one is around, does it make a noise?

    Senators from Alaska, Ohio and Massachusetts have introduced a bill that will speed up the short sale process.  Hopefully this bill, if approved, will stop the Short Sale process by FAX.

    Here is an exerpt by DS News with a link to their full report about Speeding up the short sale process.

    “Senators Lisa Murkowski (R-Alaska), Scott Brown (R-Massachusetts), and Sherrod Brown (D-Ohio) proposed the bill addressing the issue of short sales timelines on February 17. A short sale is a real estate transaction where the homeowner sells the property for less than the unpaid balance with the lender’s approval.”

    Curious about what your home is worth currently?

    What about Homes for Sale – Where do you search for them?

    How’s the Market in the Santa Clarita Valley? – We put that information below, be safe and if you know anyone that is considering a short sale, make sure they get good advice from someone that knows what they are talking about.

    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.

    Leave a Reply

    Contact Us Now

    Any questions, comments, or feedback

    SCVnest Radio Show (listen now)