Santa Clarita Valley Short Sale Stats
By- Stevenson Ranch… .. 122~active….. 14~are short pay… = 11%
- Valencia…………………..447~active….. 101~are short pay. .= 22.5%
- Saugus………….. ……….357~active… .99~are short pay.. ..= 27.7%
- Canyon Country…. ……570~active…. 184~are short pay.. = 32%
- Castaic……………………194~active…. . 50~are short pay…..= 25.7%
- Newhall……………………266~active… .66~are short pay. …= 24.8%
- Acton Agua Dulce……..158~active…. 19~are short pay.. . .= 12%
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- All SCV……………………2,114 active 533~short pays……= 25%
3/2008 – There you have it folks – Here is where the Short Sales are in the Santa Clarita Valley. Here are a few words of advice for you. I do not know of any Real Estate company that has a Short Sale Division. I have heard of Short Arms – and Long Arms – But a Short Sale Division – That is a new one on me. Even if they had a "short-sale division" what would their function be? To streamline the short sale process – That is up to the mitigation department of the banks. To make you feel better – That is going to be impossible, with this process you are going to be hurting – And it is up to a one on one agent that has built a relationship with you based on trust – Not their Short Sale Division and all those that compose it. You want to deal with the same person time and time again when you have questions or requests, not a group of people like a HMO!
What you are looking for when and if you are needing to have someone represent you with a Short Sale, which is where you get the bank’s approval to sell your home for less than you owe them, is an agent that will not share your business with the world. You also need someone that has been through this process time and time again – And has developed relationships at most of the major banks and their mitigation department.
That is very important. Remember you do not pay the commission of the agents involved, that is a number that the bank will agree too. Give us a call so we can have you come in to discuss your options with a short sale, renting, etc…
There are a lot of those out there that are wanting to get you to let them handle their short sale. But you need to choose wisely and not rush to the first agent that sends you something in the mail or the first that contacts you at your doorstep. You need to take your time to find out what someone is about. That is the reason for blogging – That Is why I do it, I want you to read some of what I am about and see if that is a fit. If so, give me a call or drop me an email and I would be glad to protect your interests and fight for you!
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[...] Fresh real estate numbers from SCV real estate bloggers: First up, Linda Slocum, who reports -exuberantly I might add- that foreclosure numbers for Los Angeles County were down some 34.6% in February, and Santa Clarita continued to have “low foreclosure numbers compared to the rest of LA County.” And I hesitate to post this link because her blog makes my eyes bleed, but realtor Paris Macivor has the foreclosure numbers in the SCV for March by community: 2,114 homes are for sale now, 533 of which are “short pays” which I think is the same as a short sale and/or a home nearing foreclosure. Link [...]