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Property Q&A in Stevenson Ranch : Real Estate Advice

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  • Home Buying9
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Activity 11
Wed Jun 6, 2012
Laura Coffey answered:
26069 Ohara LN, Stevenson Ranch 91381 this is the only listing that is currently remotely available. Its a short listing that currently has an offer into the bank. They are only taking "back up" offers at this time.

You can see current available listings in Stevenson Ranch here.

http://www.laura4homes.com/default.asp.pg-StevensonRanchHomesforSale
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Thu Dec 8, 2011
Joshua Rabinovitz answered:
I just looked up Stevenson Ranch and there is 130 foreclosures including Bank owned, Pre-forclosure, and Autcion. Let me know if I can assist you in finding the perfect one fore you. Best, Joshua Rabinovitz. ... more
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Sun Sep 20, 2009
BOB Khalsa answered:
Whereas this house is not available, there is another house on Clifton that has just been listed, is 232 SF bigger, has a pool and is listed only for $589,000. This house had sold for $910,000 on 9/7/2005. If you need further details or would like to see it let me know.

Bob Khalsa
Broker
United America Realty
661-513-4433
scvbroker@gmail.com
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Mon Jul 27, 2009
answered:
Hi Joyce,

There are different kinds of foreclosures to purchase. You can buy a bank owned home thats listed for sale in the MLS. You could buy a foreclosed home at a bank auction (usually homes that have been on MLS already and haven't sold yet for whatever reason), and you could buy a foreclosure home at a public trustee sale, which is an all cash sale, and an opportunity to buy it prior to it going back to the lien holder (bank).

Most often, people are buying bank owned foreclosures, that are in the MLS. These are hot properties generally, and usually sell rather fast, especially in Santa Clarita.

The process of buying the home itself is a bit different, but not entirely, from that of buying a regular home, where an owner has equity. The main difference in buying a bank owned/corporate foreclosure from buying a regular sale, is that you will not be disclosed anything about the home from the bank, and you will be disclosed any known facts about the home, when buying from a regular home seller (you will also be disclosed known facts about the home when you buy a short sale/pre-foreclosure). Also, before entering into escrow, generally the bank will give you a "bank addendum/counter offer" that will have some terms in it which will supersede certain terms of the original offer you submitted to them.

There are quite a few other details, but I won't bore you with them here. To learn more, and to get some local help in a Santa Clarita home purchase, simply visit our website linked below, or just give us a call. We'd love to help you out.

Take care!

- Robert Mickalson, Realtor, Realty Executives Valencia
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Thu Jun 4, 2009
BOB Khalsa answered:
The house was foreclosed by the lender on May 14, 2009 for $400,000. and was listed for sale on May 28, 2009 for $394,900.

Bob Khalsa
Broker Owner
United America Realty
bobfoxbat@gmail.com
661-313-6107
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Tue Apr 21, 2009
Victoria Beliso answered:
Hi Albert, Dot is absolutely right. Your agent will be able to get Mello Roos information for you. Please let me know if I may be of further assistance. Take care and have a wonderful day!

Victoria Beliso
Vintage Sotheby's International Realty
661.291.2720 office
310.430.8641 cell
victoria.beliso@sothebysrealty.com
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Thu Jan 29, 2009
answered:
Hi Lancy,

This house on Webster is currently marked in the MLS as "in escrow," taking back up offers...but it's a short sale. It's an unapproved short sale to boot, from what I can tell. There is already an offer, or offers, presumably, since it's marked as under contract (in escrow/taking back up offers). You can make whatever offer you want, but the bank(s) who hold the loans on this particular house will determine the final acceptable sales price - not the owner.

It appears as if the listing agent, who along with the owner, set the price, are currently working with the bank to finally approve the short sale at a specific sales price. It's listed currently at $459,000. The bank may want $500,000. Perhaps they are owed $600,000 and are only willing to write down a $100,000 loss. I can give you more specifics on this particular house if you're interested.

If you made an offer, lower than the asking price, you can - but it's subject to the banks approval of the short sale, and again - they determine the price. They base what they want price wise, off of real market values, generally. Furthermore, if you make an offer on a short sale, writing the offer is the easy part - that just takes about a half hour to an hour. It's the waiting for an answer to your offer thats the hard part - generally about a 3-12 week waiting process, sometimes longer. Frequently there are multiple offers on short sale, due to the luring, attractive price...so all the while you're waiting, there could be other offers much higher than yours too.

Focusing on standard sales, and especially bank owned homes, is usually preferred. Short sales take a lot of patience. Approved short sales can be much easier on the patience however.

Visit our great Santa Clarita real estate website, for up-to-date listings, and links to bank owned listings, etc.

Contact us for help.

Thanks!

The SCV Agents Team @ Realty Executives
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Thu Jan 29, 2009
answered:
This house is not in the MLS for sale whatsoever. Frequently websites like Trulia, and Zillow just pull listings from websites of Realtors, and they aren't actually available. Sometimes those 3rd party websites just aren't updated.

Homes off of Singer Pl, tend to be much more expensive than the price you see listed at that link.

Visit us at www.TheScvAgents.com for up-to-date, accurate local Santa Clarita real estate listings.

Take care.
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Sun Dec 28, 2008
Terra Bruns answered:
Hello Smitha, my name is Terra Bruns. I would like to welcome you to my website below, where you can search for this as well as every other listing in the Santa clarita valley!! I would love the opportunity to work with you in your purchase of real estate here in our beautiful valley!! Please contact me at 661.373.0151 and we can discuss the step by step process to buying your new home!! ... more
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Tue Dec 16, 2008
answered:
Hi Smitha,

This townhome, is a bank owned home in Stevenson Ranch, however it's currently in escrow. It's located at 25532 Schubert Cir # D. It was listed at $270,900 at the time it went into escrow. The estimated sales price you see on Trulia is just that, an estimate. You can put in a back up offer on the home, however, it's likely you'd have to consider other townhomes as well. Contact us, The Scv Agents Team for details on any bank owned home in Stevenson Ranch, or the rest of the Santa Clarita Valley. You can help your search by visiting us at our website (linked below)...and use our tool Foreclosure Radar. We have also broken down all foreclosed bank owned homes by area for you.

We look forward to hearing from you.

- The Scv Agents Team @ Realty Executives Valencia
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Tue Dec 16, 2008
answered:
Hi Smitha,

Currently there are no homes For Sale on Winslow, in Stevenson Ranch. This is just a notice of default. The owner may end up keeping the home if they get current on payments. Also, the home may move further along in the foreclosure process, and there may be a Trustee Sale posted, and eventually, the home may be fully foreclosed on. If you email us at info@thescvagents.com, with your email address, I'll send you a detailed foreclosure report from our Foreclosure Radar tool that you can also find, by using our website listed in the link below. ... more
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