Distressed Properties for Sale in Santa Clarita
See below the MLS search results for distressed properties for sale in Santa Clarita. A distressed property can be a short sale property, a bank owned property, bankruptcy listing or a probate listing. A short sale property or pre foreclosure, both mean the same thing. The home owner is having problems keeping up with the mortgage and in danger of foreclosure. As a result, he or she sells the property and the lender agrees to accept the proceeds from the sale.
If you're considering short selling your home, it's best to start the process, sooner rather than later, especially if you've received a Notice of Default. If a sale date has already been set, it's probably too late. Nowadays, lenders are not willing to extend sale dates as they once were.
Short Sale Properties For Sale in the Santa Clarita & LA County
Here in Santa Clarita there are not currently many distressed properties on the market. As a result, we've included properties in all of LA County, including Santa Clarita. You can also view distressed property listings by downloading our home search app or contacting us directly. Matt & Meray Gregory at 661-713-4799.
The list above represents most of the distressed properties for sale in Santa Clarita. This is a live feed of short sale, pre-foreclosures, foreclosures and bank owned properties available in Santa Clarita Valley. Please contact us directly with any questions. 661-713-4799.
IMPORTANT: Before Buying a Distressed Short Sale Property
When planning to buy a distressed property in Santa Clarita or anywhere in California, you'll need a variety of information that is NOT available in the real estate listings. Knowing all the facts about the property you intend to buy is vital for a successful transaction. Unfortunately, the public facing short sale listings won't tell you everything so you'll need an experienced short sale agent to obtain the necessary information.
If planning to buy a short sale property in Santa Clarita, here are some of the answers you'll need:
- Number of liens on the property of interest.
- Who are the lenders? This matters because some are easier to work with than others.
- How far behind in Payments?
- Has a NOD been filed.
- Has a sale date been set. If so, it's very unlikely the lender will extend the date.
- Property occupied? If a renter is the occupant you could have problems evicting them after buying the property.
There's more but the only way to find out what you need is to work with an experienced distressed property agent who knows his or her way around the distressed property system.
If you are facing the possibility of foreclosure, chances are we can help you avoid foreclosure and short sale your home.
On the other hand, if planning to buy a distressed property you'll need to gather all the facts, then you'll want your sellers to agree to hired a professional bank negotiating expert to work with the lender. When we short sale any property we always hire a pro negotiator! Let me tell you, it's worth every penny!
CDPE Designated Realtor Matt Gregory
As certified distressed property experts we have a long track record of successfully closed distressed property transactions and highly qualified to represent the seller or the buyer.
Certified Distressed Property Expert