What if I were to tell you that if you made one extra payment, only towards "Principal" - not "interest", you could save yourself thousands. This is not per month - but per year... It's true - you could shave 6 to 10 years off your 30 year mortgage.
Just make sure, when you are sending that extra payment to your lending institution they apply it directly toward the Principal and not Principal and interest.
You can also call your Mortgage holder and have them work the numbers for you to see exactly how much time and money you will save by this little trick.
New Inventory has been populating the Santa Clarita real estate market - over the past 7 days here is the breakdown of the local Real Estate world in the Santa Clarita Valley:
- There were 69 new listings that hit the market as being for sale in the Santa Clarita Valley Cities
- 35 listings that were on the market for sale had their prices changed
- 44 listings that were in escrow in the SCV bom'd - which means they went back onto the market as active
- 44 Homes entered what we know as being in "back up" - they are officially in escrow
- 52 listings entered the "pending status" - meaning they are also in escrow without Back Up offers wanting to be taken
- 7 homes that were for sale expired - meaning their contract length and terms was not renewed by the owner's
- 51 properties closed escrow in the Santa Clarita Valley - That means they sold!
It's interesting to see these numbers tabulated for our Weekly Time-frame in the Santa Clarita Cities. It would seem by the sheer number the buyers are still outrunning the sellers wanting to selling our valley. This is very typical during this time of year - the first week after the new year usually has a bump in expired listings and also new inventory. The slow down then takes grasp until the last week in February - where we see an uptick in listings that are being placed onto the market for sale.
This year should prove to be no different. Your success in real estate is going to depend on who you are teamed up with. Make sure you are googling the local Santa Clarita real estate experts to see what they are writing about and to make sure you are making the best choice for your real estate needs.
Here are some suggestions as to what terms you may want to search for, related to Santa Clarita real estate agents.
- Santa Clarita Realtors
- Santa Clarita real estate agents
- Best Santa Clarita agents
- Top Santa Clarita Realtors
- Best Buyers agents in Santa Clarita
Also, if you are on Google Plus - Circle Connor T. MacIvor with the Paris911 Team to see some of the latest banter about real estate on a local level.