Homes For Sale in Stevenson Ranch and Southern Oaks

 
Homes for sale in Stevenson Ranch

In the past 7 days 7 homes came on the market in Stevenson Ranch. Values ranging from $459,000-$949,900. Currently there are only 22 homes for sale in all of Stevenson ranch, this includes Southern Oaks which has 3 homes for sale.
                                   

If you're thinking about selling your Stevenson Ranch home look at your options now before the summer selling season is in full swing. We have qualified buyers looking to live in your Stevenson Ranch neighborhood, we would like the opportunity to earn your business.

Jennifer and Gary Ricco  
Realtors, Retired Police Officers 
RE/MAX of Santa Clarita of Santa Clarita

661.803.2093 cell

866.873.6403 fax
www.RiccoSellsHomes.com  
LA Daily News Readers Favorite Realtor Choice 2010, 2011 and 2012

Certified Distressed Property Expert, CDPE since 2008

'Quality Consulting Through Continuous Improvement'

 

Cal BRE 01461940 | 01803395

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Stevenson Ranch Real Time Real Estate Market Updates

Real Time Stevenson Ranch Market Update
for the Week of July 8, 2013

The median list price in STEVENSON RANCH, CA this week is $866,950. Inventory and days-on-market are both trending higher recently. However, the improving Market Action Index implies some increased demand will temper the negative trends.

 

Supply and Demand

Market conditions have been consistently cooling in the past several weeks. Because we're still in the Seller's zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer's zone. 

If you're thinking about selling your Stevenson Ranch home before the end of the year, look at your options now. The qualified buyer pool is decreasing with interest rates having risen a full point in the past few weeks. We have qualified buyers looking to live in your Stevenson Ranch neighborhood, we would like the opportunity to earn your business.

To request a real time market report for single family homes or condo's in the Stevenson Ranch area submit your information below.

 
Jennifer and Gary Ricco  
Realtors, Retired Police Officers 
RE/MAX of Santa Clarita

661.803.2093 cell

866.873.6403 fax
www.RiccoSellsHomes.com  
LA Daily News Readers Favorite Realtor Choice 2010, 2011 & 2012

Certified Distressed Property Expert, CDPE since 2008

'Quality Consulting Through Continuous Improvement'

 

License #'s 01461940 | 01903395

Follow us on Yelp, Facebook and Instagram!

    

Luxury Homes For Sale In Santa Clarita

                                 Santa Clarita Luxury Homes For Sale


Luxury homes in Santa Clarita recently listed for sale.  Ricco Sells Home proudly presents the latest luxury homes listed within the past five days. If you have been looking for elegance, close to town yet offering the privacy you desire then look no further.  

Find luxury homes are located in some of Santa Clarita's most prestigious areas of Stevenson Ranch, Newhall's Happy Valley and Sand Canyon. These stunning Santa Clarita luxury homes have plenty to offer, with attention to detail at every turn, room to entertain and space to simply relax and enjoy your surroundings!

                                                    

If you would like to schedule a showing on any Santa Clarita luxury homes contact Jennifer and Gary Ricco from Re/Max of Santa Clarita today for your private showings 661.803.2093.

       Listing information comes directly from SOCAL MLS, information is deemed reliable but not guaranteed. CA DRE 01461940 | 01803395

Jennifer and Gary Ricco Selling Santa Clarita and Beyond

Were You Foreclosed Upon in 2009 or 2010? Banks to Pay $8.5 Billion To Settle Foreclosure Abuse

This just in from CNBC, ten banks will pay a collective $8.5 billion to borrowers to settle foreclosure abuses. This all part of a deal with the Federal Reserve and the office of controller of the currency which began in 2011 after the so-called robo signing scandal came to light. Banks were required to do an independent review of foreclosures from 2009 and 2010, but they were taking too long and cost too this settlement puts an end to those reviews.

The banks will make $3.5 billion in direct payments to eligible borrowers and 5.2 billion in other assistance such as loan modifications and forgiveness of deficiency judgment. This settlement affects some 3.8 million borrowers. Eligible borrowers could receive somewhere from a few hundred dollars to several thousand.

The banks included are Aurora, Bank of America, Citibank, Chase, Metlife, PNC, Sovereign, Sun Trust and Wells Fargo. Four other banks, Allied, HSBC and One West were in the talks but did not sign on to this deal. Together, they service close to 500,000 loans.

This deal is separate from the $11.6 billion settlement announced just this morning between fannie mae and bank of america.

These settlements could pave the way for more normal foreclosure processing. We see a surge in foreclosures as banks move to clear the pipeline of defaulted mortgages now that most of the robo-signing charges are behind them.

Mortgage Forgiveness Policy was EXTENDED until 1/1/2014

Mortgage Debt Tax Relief Extended in the American Taxpayer Relief Act of 2012

As part of the American Taxpayer Relief Act of 2012,the tax break for forgiven mortgage debt that was set to expire Dec. 31 but was extended by lawmakers when they dodged the “fiscal cliff” this week.

The tax break, which has been extended to the end of 2013, allows home owners facing short sales, reduced loan principals, or foreclosures to avoid paying taxes on any debt still owed to the bank. Otherwise, the debt would have been taxed by the IRS as income.

The Mortgage Foregiveness Debt Relief Act first took effect in 2007 and was set to expire 12/31/2012.In 2012 numerous homeowners rushed to complete short sales before the end of the year out of fear that the tax break would not be extended. Homeowners who waited to complete a short sale can now take advantage of this tax break.

If your dreams have been shattered by the false promise of a loan modification and you need to do a short sale, its important to use a Realtor who will be an advocate in your corner and has a proven record of success. Jennifer and I started negotiating our short sales in 2007. We were the first Realtors to obtain the Certifed Distressed Property Expert designation and inspired our peers to follow suit.

Don't be fooled by Realtors who claim to have done short sale in the 80' or 90's or Realtors claiming they have inside connections with the banks. As it it true short pays now known as short sales have been around a long time, the sub-prime crisis and mortgage backed securities that created this housing crisis is very unique. It requires a extensively trained agent currenton the issues affecting short sale negotiations. Be cautious of Realtors using third party negotiators as they are not dealing directly with the mortgage servicer or note holder.

As Santa Clarita Pre Foreclosure Specialists, Jennifer and I have extensive training and experience in negotiating short sales. Our consultations are free and we provide you with a list of our past clients as references.All commisions are paid by the bank and in most cases we have gotten our clients $3000 relocation assistance.

Jennifer & Gary Ricco Realtors Phone: 661-803-2093 E-mail: Jennifer@JenniferRicco.com RE/MAX of Santa Clarita 25101 The Old Road Santa Clarita, CA 91381 US Fax: 866-873-6403
DRE License # 01461940/01803395