Santa Clarita Foreclosures

Buying Santa Clarita Home After Foreclosure Could Mean 7 Year Wait.

April 9, 2013

Buying a home in Santa Clarita after having had a foreclosure on your credit, could mean waiting 7 years to become a homeowner again. With FHA financing terms becoming less attractive due to increased mortgage insurance premiums, and the fact that they are also in place for longer periods of time, more and more homebuyers [...]

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How Many Santa Clarita Foreclosures Will Hit The Market?

April 2, 2013

  Stats! There are so many stats! There’s really no way to keep this simple. But, I’ll try. This is a post for all of you SCV real estate market nerds. How many Santa Clarita foreclosures will hit the market in the near future?  As many homebuyers in Santa Clarita struggle to find any inventory [...]

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Time To Consider HomePath For Your Santa Clarita Home Purchase?

December 13, 2012

  Scroll through the available homes for sale in Santa Clarita, you may notice the HomePath keyword every now and then. With such a low inventory of homes for sale, SCV homebuyers are quite itchy and in desperate need of options in most cases. For homebuyers with minimal resources for a large down payment, HomePath may not [...]

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Foreclosure Versus Short Sale

June 25, 2012

FORECLOSURE versus SHORT SALE By Russell H. Thaw, Esq. The Reape-Rickett Law Firm The housing industry is still reeling from “Loan Gate,” the scandal wherein the loan industry gave unqualified buyers almost unlimited access to huge amounts of money secured against non-existent equity in real property. These loans are sometimes referred to as HELOCS, or [...]

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Renting Out Your Santa Clarita Home When In Foreclosure

May 31, 2012

It’s quite the hot topic in certain circles. Homeowners in the foreclosure process, choosing to rent out their home. Are they allowed to? What about the renters? Were they aware of the pending foreclosure action on the house they live in? Did they move in knowing the owner was in trouble, and for whatever reason, [...]

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Foreclosure Stripping Hits Santa Clarita

May 22, 2012

Many of you have heard about it. Foreclosure stripping. Well, we see it first-hand here in Santa Clarita! Homes get stripped by homeowners, and even renters, prior to or after a home transfers ownership through foreclosure. It’s wrong. And, it’s illegal. Whether or not one gets caught red-handed doing it, proof, and ability of the [...]

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Best Priced Condo in Santa Clarita – January 2012

January 5, 2012

Every now and then we like to check in on which listing takes the cake, when it comes to being the best priced condo for sale in Santa Clarita. On this fine day, January 5, 2012, the winner is a 1 bedroom 1 bath (usually is), 588 sq ft bank owned listing. We looked at [...]

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32 Santa Clarita Homes For Sale Worth A Closer Look

July 18, 2011

  House bargain hunting? In the Santa Clarita real estate market, just as in any market, there are homes for sale that are over priced, fairly priced, and there are those that are great buys. If your goal is to buy a home in Santa Clarita, and buy on the cheap, then one of the [...]

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Santa Clarita Foreclosure Homes To Rise As Bank Of America Foreclosing Again

December 13, 2010

We will almost certainly see some sort of an increase of Santa Clarita bank owned foreclosures as we head into 2011. This is a positive development for homebuyers. A negative development for sellers and homeowners who don’t want to see any deterioration in values. It was announced on Thursday, and put back into action today, that Bank [...]

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Santa Clarita Pre-Foreclosures By Zip Code

October 28, 2010

Lets break down the 800#lb gorilla in the room, that are, the Santa Clarita pre-foreclosure homes. In total, there are approximately 2,050 homes in pre-foreclosure status, in the Santa Clarita Valley. That may actually be an exact number, as I’m basing it off of data from ForeclosureRadar.com – a very reliable source. 2,050!? That’s quite [...]

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