Jul
21
Are all Foreclosures in the Santa Clarita Valley on the MLS? by REMAX and Paris911
Posted by Connor MacIVOR under For Buyers, For Sellers, Marketing Reports, Santa Clarita
There is an argument out there that every foreclosure that is available for sale is not posted on the Local Board of Realtors and Multiple Listing Service. I would say “hog-wash”. The key component is available for sale. The response to that Absurd statement requires a bit of qualification - That qualification is, are you wanting to purchase an Auction property?Do you represent a group of investors that has the funds to support a purchase of a “block” of properties that a Bank has foreclosed upon and now has as REO’s?
If those are the profiles that you fit. Then the statement that started this entry would be correct - Those homes that fit that profile would not be on the MLS. If you are interested in the hunting of those types of homes, Both Foreclosures and REO’s then call me for a more specific inquiry.
Back to all of the more “normal” buyers. For the regular, run of the mill, garden variety Foreclosures and REO’s, then those will be MLS based. Because of one simple reason, why would the bank want to trust their REO rep with doing all of the marketing themselves in an attempt to find the buyer. Why not list this home in the MLS where thousands of starving agents that have buyers can have a look at trying their turn to sell this home.
There you have it. If you are looking for the most current listings of Foreclosed and REO properties in the Santa Clarita Valley - Then you have to look no further than by clicking on this link from the MLS department of the Southland Regional Association of Realtors!
If you are looking for one of those more specific searches that I was speaking about - Then look no further than going to www.MoreThanForeclosures.com. I have built a custom page that is equipped with our Foreclosure Radar Resource that is fed by zip codes. There you will see all of those other “not so normal” properties populate those lists that are categorized by Zip Codes.
For Regular Real Estate Searching by way of a google map - Then check out www.SearchRE911.com
To Search as I do for homes - Then go to www.ListingBook911.com

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