Undercutting the list price on a foreclosure

    1 - Foreclosures button on Paris911 dot comIt is a good idea?  Does it work?  How will you approach the bank who answers to the stock holders with an offer that is way under the list price?  What about the competition?  Are others writing offers on the same property and what are their offering amounts?

    If you want to view all of the real estate listings, including foreclosures, that are on the market currently – We have a great resource that is updated several times per hour!

    There are ways in which to undercut a foreclosure listing. However, in the end it will come down to the day on market timeframe. Has the home been listed over 30 days without a price decrease? What about the selling entity – which bank is it? Some are more flexible than others when it comes to reduction of intended price.

    We have all of your bases covered in the Santa Clarita Valley cities and hope you reach out to us when you are ready. I’m Connor with REMAX of Santa Clarita and I’ll be here for you when you are ready to know more.

    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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