A Fast Escrow Close in Santa Clarita? Possible Now?

January 3, 2010 by Tricia LaMotte · 1 Comment 

Valencia Creekside Windsor Homes
Valencia Creekside Windsor Homes

So you’ve been trying to close escrow before the April 30, 2010 deadline for the home buyer credit…and you keep running into short sales and bank owned properties with difficult banks to deal with? And you want a good deal?

Good news!! There are currently 251 homes on the market in Santa Clarita that are “normal” or standard sales! You know, the good old fashioned kind – where we are dealing with a regular seller! And…there are some great deals available right now. Like a 5 bedroom Valencia Hills pool home with new paint and new carpet for $499,000! Or a 4 bedroom Fair Oaks Ranch home for $419,900! Or a 4 bedroom Valencia Westridge home for $480,000.
However , now is the time to act quickly – if you haven’t gotten your approval from you lender and met with your chosen Realtor for a consultation to get the process started – you will soon be just another buyer competing against the many other buyers trying to take advantage of this market.
The year is just getting underway, and some potential buyers are still groggy from New Year’s Eve, so get a jump on them and contact Tricia LaMotte to take advantage of this wonderful market before the interest rates go up again and while the buyer credit is still available.
Just think…251 Santa Clarita home listings that are NOT short sales, or bank owned properties!

Home Foreclosures are Suspended

December 18, 2009 by Tricia LaMotte · Leave a Comment 

Struggling homeowners who are facing eviction due to foreclosure are being given a little more time in their homes – just in time for the holidays. 

Homeowners given a little more time in the face of evictions.

Homeowners given a little more time in the face of evictions.

Fannie Mae and Freddie Mac Stopping Evictions

Fannie Mae and Freddie Mac are suspending foreclosure evictions from December 19, 2009 through January 3, 2010. This is limited to properties up to 4 units; and applies to both owner occupied and tenants living in foreclosed homes.

Citigroup also giving temporary reprieve

Citigroup is also suspending evictions through January 17, 2009 for loans that it owns. Other lenders may follow their lead, so be sure to check with your lender if you are facing immediate eviction.

Foreclosure alternatives

Late with your mortgage  payments? Don’t wait! there are viable alternatives to save your credit – such as loan modifications, or a short sale.  Even if you are “upside down” and owe more than the current value, it may be possible to sell at current market value and have the bank release you from the debt.  It takes time to accomplish this process…get the inforamtion you need to make an informed decision now. A foreclosure can stay on your credit record a long time.

Contact Tricia la Motte – Certified Pre Foreclosure Specialist and Certified Short Sale Specialist - get the information you need before it is too late.

California – Out in Front in Foreclosure Numbers

December 18, 2009 by Tricia LaMotte · Leave a Comment 

Santa Clarita Foreclosures

Santa Clarita Foreclosures

For the second month in a row, California, along with Florida, Michigan, and Illinois accounted for 52% of the nation’s foreclosures.

Santa Clarita Foreclosures

Currently, there are 78 bank owned properties on the market in Santa Clarita Valley. Canyon Country has the largest number at 26 foreclosures on the market, ranging in price from $41,850 for a manufactured home on leased land to a Sand Canyon MacMillan Ranch estate that was just reduced to $1,264,900.

Acton and Stevenson Ranch have the lowest numbers of bank owned properties currently on the market, at 3 each. Valencia has 16 foreclosures on the market from $159,900 for a condo in the heart of Town Center, to a Valencia Westridge Oakmont for $1,050,000.

For more information contact Tricia La Motte

Home Staging – Appealing to Home Buyer Senses

December 17, 2009 by Tricia LaMotte · Leave a Comment 

Decorating A Contemporary Dining RoomOne of the best ways to sell a home quickly and appeal to the highest number of home buyers is to have a visually appealing and clean home.  Think of any model homes you have ever been in…they  smelled great, they were clean, and they were  decorated in a way that made you want to live there!

With a little planning and stategy, this can be achieved by a home seller without too much expense. First things first – declutter! Or, as some of us say – “do some thinning”.  Less is more, as is often said for so many things. A few choice decorator items is much better than a lot of knick knacks. Look at the room as if you are seeing it for the first time. if you were a stranger, would the room appeal to you?