One of the Valencia CA real estate listings, the one on Creekside, is an HUD foreclosure.
That means it is owned by the Department of Housing and Urban Development, and it’s in distress.
A true Foreclosure in every sense of the word.
However, it can be purchased in a “non” conventional method. View the real estate listing with your Valencia CA Realtor, have your Realtor write the offer then submit the offer on the HUD website. Only a licensed and HUD approved realtor can submit offers on the HUD website.
The Paris911 Team at REMAX of Valencia fits this bill. The other thing about this home, is it would appear to be placed onto the market at lower than FMV – Fair Market Value.
If you want more information about that and why I’m of that opinion, reach out to me and I’ll clarify. This one is located in the Valencia Hills section of Valencia CA. This one will require bids and viewing before January 09, 2014. The home is HUGE at 3731 square feet with an almost 6500 square foot lot.
If when you click the link, you get taken to a page that does not have the listing on it, then the home has sold and is no longer available.
BTW, we have agents standing by 🙂 – How corny is that, but I thought it was fun and I’m still smiling.
Seriously, we do have agents that are familiar with this property and would be able to show it and submit an offer for you if you desire.
The other property is a Standard Sale on Player Drive in Valencia CA – Unit number 54. This one has been on the market for over 151 days, and fell out of escrow.
When properties “fall out of escrow”, most novice buyers think it is because of a problem or an issue with the real estate listing itself. Maybe something that the buyer “found out” that caused them to cancel.
However, most of the time, that is not the case. It is not typically as “dreary” as that, when a property enters the market again, after being in escrow for a certain amount of time.
Sometimes, it is because of “non performance” on the buyers part of the deal. Maybe they lost their job, maybe they cannot get a loan any longer, maybe they had some type of a traumatic event that has forced their hand to not buy the home in question.
There can be thousands of reasons, but most of the time it is is a buyer rather than a seller issue.