The Foreclosure Intel

It is true that while the Cat is away the mice will play.  Yesterday, I spoke with a long time friend and Asset Manager who talked to me about a meeting she Santa Clarita paris911recently attended.  There were some of the "heavy hitters" in the Foreclosure Asset handling game present.  The subject of the "off radar" get together was the upcoming "release" of Real Estate Owned inventory onto the Public Re-Sale market.

Apparently the world does not revolve around the Santa Clarita Valley

Santa Clarita was not mentioned specifically, but if there is one thing this agent knows well, when it happens in other parts of the USA, Santa Clarita is also affected.

In a "normal" market Foreclosure Numbers are about 1%

As Real Estate is in the process of "repairing", we will need to abolish the rest of the Bank Owned inventory, returning the current market to one that is somewhere in the neighborhood of 1% foreclosure inventory.  In order to accomplish this, the Foreclosure properties have to go somewhere - and that is to be purchased by Buyers and Investors.

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New Foreclosure Alerts have been posted

Here is the newest "on radar" inventory for the cities that compose the Santa Clarita Valley.  Auctions in the SCV - Foreclosures/Bank Owned - and properties that have been sold to "thirds" are all present.  With out neglecting those properties that have entered into the Pre-Foreclosure realm.

Your New Foreclosures alert, Paris911's Santa Clarita Bank Owned Real Estate Alert, found a match.

 

Stage Radar ID Street City Zip State Type Sq Ft Beds Baths Sale Date Est. Value Est. Bid

Bank Owned 614132 23042 16TH ST NEWHALL 91321 CA SFR 770 2 1.00 12/29/2011 $188,290.00 $196,350.00

Bank Owned 37969501 28211 ALTON WAY CASTAIC 91384 CA SFR 2247 3 3.00 12/29/2011 $372,745.00 $300,000.00

 

Your New Foreclosures alert, Paris911's Auction Alert for Santa Clarita Valley, found a match.

 

Stage Radar ID Street City Zip State Type Sq Ft Beds Baths Sale Date Est. Value Est. Bid

Auction 23770922 17948 BENEDA LN CANYON COUNTRY 91351 CA SFR 1080 3 1.00 03/08/2012 $197,597.00 $380,406.00

Auction 23804530 25902 SAN CLEMENTE DR SANTA CLARITA 91321 CA SFR 1272 3 2.00 01/13/2012 $254,419.00 $356,016.00

Auction 37969417 26825 WILLOW CREEK LN 27 VALENCIA 91355 CA CND 1844 3 3.00 01/13/2012 $324,459.00 $387,049.00

Auction 24711677 23049 LOWRIDGE PL SAUGUS 91390 CA SFR 1706 0 0.00 01/13/2012 $364,202.00 $554,350.00

Auction 41256604 23824 VIA CAMPANA SANTA CLARITA 91354 CA CND 1962 3 3.00 01/03/2012 $325,636.00 $626,218.00

Auction 507380499 18806 MANDAN ST 206 SANTA CLARITA 91351 CA CND 635 1 1.00 01/12/2012 $84,069.00 $248,995.00

Auction 515813 28419 HORSESHOE CIR SANTA CLARITA 91390 CA SFR 3141 4 3.00 01/17/2012 $541,282.00 $701,168.00

Auction 37969282 29711 LIVERPOOL CT CASTAIC 91384 CA SFR 1788 3 3.00 02/22/2012 $349,785.00 $678,451.00

Auction 43869170 29410 SPENCER DR SANTA CLARITA 91387 CA SFR 3415 4 3.00 01/13/2012 $500,266.00 $617,865.00

Auction 24710382 22511 ASH CT SANTA CLARITA 91390 CA SFR 2214 4 3.00 01/09/2012 $424,483.00 $484,990.00

Auction 24510923 28045 LACOMB DR CANYON COUNTRY 91351 CA SFR 1374 4 2.00 01/13/2012 $252,696.00 $291,098.00

Auction 23811924 29635 POPPY MEADOW ST SANTA CLARITA 91387 CA SFR 1198 3 2.00 01/12/2012 $253,430.00 $563,609.00

Auction 23970350 22402 HOLLY CT SAUGUS 91390 CA SFR 2214 4 3.00 01/13/2012 $417,233.00 $464,427.00

Auction 994552b 24345 ALLORI WAY SANTA CLARITA 91355 CA CND 1936 3 3.00 01/13/2012 $349,349.00 $538,537.00

 

Your New Foreclosures alert, Paris911's Pre-Foreclosure Alert for Santa Clarita Valley CA, found a match.

 

Stage Radar ID Street City Zip State Type Sq Ft Beds Baths Sale Date Est. Value Est. Bid

Preforeclosure 500586092 23731 DEL MONTE DR 184 VALENCIA 91355 CA CND 1030 2 2.00 04/19/2012 $212,710.00 $286,613.00

Preforeclosure 72700 15809 SILVER STAR LN SANTA CLARITA 91387 CA SFR 1946 3 2.00 04/20/2012 $408,454.00 $686,310.00

Preforeclosure 505261378 24107 DEL MONTE DR 22 SANTA CLARITA 91355 CA CND 835 1 1.00 04/19/2012 $164,562.00 $261,013.00