During our daily Santa Clarita real estate radio show, we don’t hold back any punches.
Today, after doing the math, we discovered that we have found we have an additional 17% increase over March with the Total Active Inventory.
That is both good news for buyers and sellers.
For Buyers –that means their choices are more than they had even two months ago.
For Sellers – that is to their advantage because we are no where a “surplus” due to high buyer demand in the present Real Estate market.
During the next few months, we will have even more active inventory. For the Sellers, if Buyer Demand continues being as strong as we have seen since Mid March 2015 – they are going to be able to mandate a premium for their homes they are having us sell.
When you are poised and ready to buy a home, maybe you have met your agent, for the first time, at a specific listing.
Unfortunately, that does serve you well and will cause you to end up in frustration at some point, in the home buying or selling process.
We with the Paris911 Team at REMAX of Valencia are HUGE advocates of the “in person” meeting before you sign anything!
We call it our crash course on real estate and we are not teaching you to be real estate agents, we are teaching you about how to best protect yourself.
We cover all the players, the pitfalls and scenarios that we have learned from our Full Time Real estate Experience gathered since 1998. We cover those things that have occurred that have cause real estate buyers and sellers pain.
While the pain maybe part of some real estate transactions, depending on the caliber of agent on the other side and the many personalities involved, most can be “prepared for”.
The way in which to verify what you are looking at is the actual listings is to use a Real Multiple Listing Service Search. However, when you do so, you may never go back to those other real estate search systems. Paris911.com/MLS
The Multiple Listing Service is the location and the feed provided by the Local Board of Realtors.
If the system is functioning optimally, you will see those listings updated in the system every 7 to 10 minutes.
There are three categories for the Real Estate listings that you are going to see on the Multiple Listing Service and they don't include the “off market” status which is the real estate syndication website's hook!
Active – Those real estate listings that are actually for sale now, presently and currently. Paris911.com/active
Backup – Those real estate listings that are in escrow, but where the seller's would like an additional offer to have in case the accepted offer falls out. Paris911.com/backup
Pending – The real estate listings where the seller would not like any additional offers or viewings, where they are quite sure the offer they have received is going to make it to the finish line. (some syndication websites show this status as being active and for sale) Paris911.com/pending
These are the three primary statuses within the online channels and on the Multiple Listing Service. Try MLSbest.com
When Paris and I started in the real estate business, in 1998, we wanted to give our clients the best in Real Estate Search.
Since that time, we have seen a multitude of real estate websites that have come about which mislead the public.
We then devised a website that has the true Multiple Listing Service showing all of the available real estate listings for the Santa Clarita Valley and Greater Los Angeles areas.
Both Paris and I knew this was the right way to go when no others were paving the way toward good real estate search.
With 7-10 minute updates and our users being able to have the latest listing emailed directly to them that meet their criteria, we knew we had a hit.
Before the time of the expansion of the World Wide Web (WWW), we had to rely on real estate agent that may not have been very transparent.
Today every single real estate listing is able to be verified and our system is mandated as being accurate.
We are with REMAX of Valencia CA, and we are proud to be of service when it comes to all of your real estate needs. Enjoy the MLSbest presentation on YouTube and we hope to meet with you soon to assist!
This youtube video is going to take you through a few of our Santa Clarita Cities.
To see all of the reports, one posted for each of the Santa Clarita Valley cities, all you have to do it type in the words: market updates – into the MacBoX in the margin of this REMAX of Valencia Blog site.
Throughout the week we are going to be hitting on some of the top real estate topics as they pertain to Real Estate in Valencia and within the other SCV Cities, where we are active with our client representation.
Enjoy the video we produced and let us know when you are ready for our assistance.
When it comes down to selling your Santa Clarita, Valencia or greater Los Angeles area home, you will have many choices.
Of those choices, there is only one brand that “stands above the crowd” on a “recognition based scale”.
That is REMAX – RE/MAX is the top Brand in the United States and in the World that people recognize when they are searching online for homes, when they are seeing the famous red/white and blue real estate sign, when they pick up a RE/MAX branded flyer or business card and when I knock on their door announcing a new listing by answering their question of “who is it?” – “It’s Connor MacIvor with RE/MAX!”
They get it and typically people are receptive. A lot more receptive than saying “Cloak and Dagger real estate company…”
Remax – the name alone has been branded to describe success. The success of the home seller and the home buyer. Finding out who fits that “bill” is necessary when it comes to embarking on buying or selling real estate.
Which Local REMAX of Valencia CA Realtor is going to be your best fit. May we suggest having Connor MacIvor on the invite list to your listing before you select a Realtor?
You will be glad you did and able to ride on the “advertising and marketing” success that The REMAX of Valencia CA Paris911 Team has experienced when it comes to their local brand, not to mention the success of their home buyers and home sellers.
BTW – we have a seven day a week radio show that you will enjoy. It’s all about the local Real Estate market in the SCV Cities and we are glad to offer it to you for a listen.
We are Realtors with REMAX of Valencia, we are not lenders. However, it takes the best of Realtors to know the best in the lending profession.
Today is our Truth in Lending real estate radio show and we here at REMAX of Valencia, want you to know we have you covered when it comes to the best intel on all those vendors that are within the real estate realm.
During our show today, we discussed what it is to get pre approved and Debt to income ratio – DTI.
To get pre approved, pre qualified or an Underwriter's approval, you must first give up some necessary documentation. To just give a lender some number over the phone with no documentation to back it up, that is not a “real” pre qualification – that is BS.
If that is what happens to you when you have approached a lender, you need to think twice when it comes to going the distance with said lender.
Another tip that I shared on today's Truth in Lending REMAX Radio Show – was how to keep track of the documents that you turn into the lender.
Make a folder or “personalized box” within your computer or email program. Label it lending documents and put everything you give to your lender inside.
This will save you headaches if and when you desire to switch lenders of if you are asked for the same documentation again from the same lender (which happens way to often, btw).
This is the mechanics of it. Let's say you don't have a scanner or copy machine. When you take anything to the lender, have them scan all of your documents, everything you give them, and email them back to you.
If you have a “great realtor ” – then give your lending paperwork to them, have them scan it to you and the lender. Take all of those emails and place them into the folder you created in your email program. Or download all of those files and place them into the folder on your computer you made for this very purpose.
Tune into our Daily Santa Clarita real estate radio show at Paris911.com and when you do, you can view past episodes of our Truth in Lending real estate podcast that happens every Thursday of every week.
Thanks for taking the time to read this information related to Lending and Lenders in the Santa Clarita Valley Cities, we are proud to be of service to you and hope to hear from you soon.
I'm Connor MacIvor with REMAX of Valencia CA's Paris911's Team of Realtors. Click on the email address at the top of this post or call me at the phone number, be safe!