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    What are we going to do when we return to a “normal” real estate market

    I was just thinking to myself, what happens when we return to a “normal” real estate market?

    Local real estate agentsMeaning the inventory is less than 1% distressed and most of those sales are not seen by the private sector.

    This Foreclosure and Short Sale Blog will continue, but at what pace?

    Today- We are able to post approximately 6 times a week. That’s great for our methods and showing the world that the Santa Clarita foreclosure and short sale market look like.

    But if the below “foreclosure update” is indicative of what’s coming – there may not be much to write about.

    Short Sales will be upon the Santa Clarita City communities throughout the rest of this year.  The debt forgiveness act expires December 31, 2013.  After that, the short sale seller will have to bear the full brunt of the tax implications.

    That is the amount between what they owed on the mortgage and the amount their bank or banks settled for.

    Today – we have not seen a case, personally, where one of our Sellers did not fit within the “debt forgiveness” guidelines – which is good for them.

    Thanks for reading – where can we go tomorrow?  No one knows – but don’t forget to check out our Daily Real Estate shows by The Paris911 Team at REMAX of Valencia CA.

    Your New Foreclosures alert, All Santa Clarita Cities – NOD filings – Updated, found a match.

     

    Stage Radar ID Street City Zip State Type Sq Ft Beds Baths Sale Date Est. Value Est. Bid

    Preforeclosure 513124116 17542 DOVE WILLOW ST CANYON COUNTRY 91387 CA SFR 2871 4 3.00 07/23/2013 $458,749.00 $6,363.00

     

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    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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