Santa Clarita Valley Real Estate

Foreclosure Timeline Seller's, Borrower's and even novice Realtor's are often confused by the entire foreclosure process; Foreclosure has never been simple but with the current backlog of bank owned properties and other pressures, it's become worse than ever. Here is an easy to read foreclosure process time line. It will help one understand the different methods used to handle and a purchase short sale, pre-foreclosures and foreclosed properties. If you have personal situation we can answer it, or get an answer to your question about your options for staying in your home, selling and moving on your schedule while helping you step by step through the process. 1. First month missed payment. This counts as day one for the bank but notice, the homeowner had 30 days just like normal to come up with a payment. They will always remain 30 days ahead of the bank schedule. 2. Second missed mortgage payment...day 30 for the bank. 3. Third missed mortgage payment...day 60...

Good crop of foreclosures today. 5+5 near 4,000 sq ft. simi custom home on 2 acres in Castaic. We have smaller homes as well. EZ down payments can start at $100. for qualified properties. Got a house?

Weichert, Realtors - Hoshaw & Associates Freddie Mac Selling Agent Select Property Report As a Selling agent Select agent for Freddie Mac we can help you negotiate the best possible purchase price for these homes. Don’t see your future home on this week’s list? Just let us know where you want to live and we will help you find and get settled into your next home. Contact me directly or your Weichert, Realtor with any questions 661-287-4466 x 226 or david@scvrealty.com Ask about the special promotions available to buyers of these homes. Address: 22817 22819 14TH STREET, SANTA CLARITA, CA Rooms: 8 Bed: 3 Bath: 2.0 Price: 213,900.00 Address: 13040 DRONFIELD AVE APT 5, SYLMAR, CA Rooms: 3 Bed: 2 Bath: 1.0 Price: 92,900.00 Address: 13100 BROMONT AVE UNIT 13, SYLMAR, CA Rooms: 4 Bed: 2 Bath: 0.0 Price: 105,900.00 Address: 12918 N FOUR PALMS LANE, SYLMAR, CA Rooms: 5 Bed: 3 Bath: 3.0 Price: 251,900.00 Address: 13265 RAVEN STREET, SYLMAR, CA Rooms: 7 Bed: 3 Bath: 2.0 Price: 289,900.00 Addre...

Senate approves $15,000 tax credit for homebuyers DAVID ESPO AP News Feb 04, 2009 20:54 EST The Senate voted Wednesday night to give a tax break of up to $15,000 to homebuyers in hopes of revitalizing the housing industry, a victory for Republicans eager to leave their mark on a mammoth economic stimulus bill at the heart of President Barack Obama's recovery plan. The tax break was approved without dissent and came on a day in which Obama pushed back pointedly against Republican critics of the legislation even as he reached across party lines to consider a reduction in the spending it contains. "Let's not make the perfect the enemy of the essential," Obama said as Senate Republicans stepped up their criticism of the bill's spending and pressed for additional tax cuts and relief for homeowners. He warned that failure to act quickly "will turn crisis into a catastrophe and guarantee a longer recession." Democratic leaders have pledged...

This government sponsored rehab program is a perfect for the purchase and rehab of of bank owned properties. FHA 203(k) renovation financing provides homeowners a cost-effective way to live in their dream home. And it gives homebuyers the opportunity to purchase properties in need of improvement. This is accomplished with a permanent mortgage that allows your client to purchase or refinance a home and then immediately begin the renovation - all with just one application and one closing. The FHA 203(k) loan is a fully disbursed loan which allows a borrower to purchase or refinance a property and finance the cost of rehabilitation with one loan. Because it is fully disbursed at closing, the 203(k) loan can be insured by HUD as soon as the loan closes. The mortgage amount for these loans is based on the projected value of the property with the work completed, taking into account the cost of the renovation. Advantages of FHA 203(k) Rehab Financing: More money to work with. The amount your...