foreclosure: Let's give credit where credit is due! - 01/05/17 03:52 PM
America is doing well and our real estate industry is flourishing.  This is a great time to stop party politics and give credit where credit is due.  President Obama inherited an atrocious economy and real estate market.  Things were spiraling out of control.  The plans that were implemented saved the auto industry, lending institutions and most important to many of us on Activerain, the real estate market. 
 
Steps that were taken are unprecedented such as having lenders work out short sales rather than foreclosure in most circumstances.  They also gave forgiveness on the money saved should a person lose their home. 
 
I know the … (2 comments)

foreclosure: No, not everyone should own a home. - 10/19/15 01:18 PM
Home Ownership is not for everyone.  There are many reasons to rent or live with someone rather than owning a home.  Renting makes sense if you are not sure you will have your job for the long run or even sure if you like working there.  Renting makes sense as well if you are new to a community and don't know yet if this is the place you would like to live for the next five or more years.  Renting also seems to make sense if you don't want to take on long term debt or maintain a home inside and … (2 comments)

foreclosure: A New Tormorrow is here Today! - 04/25/15 02:28 PM
Stability has returned to the real estate market as homes continue to be listed and sold in a timely manner.  Interest Rates remain extremely low and FHA loans have lowered their PMI.  Stated Income Loans are also back.  There are many home owners that have avoided going into foreclosure as home values are now rising to levels unseen since the collapse in October of 2008.
Keep in mind that approximately 10% of homes will be listed for sale during a hot real estate market and the 7 years in which the market was stagnant and you'll get a good idea of what … (2 comments)

foreclosure: You can’t pay too much for a home right now! - 02/17/13 02:03 AM
You can’t pay too much for a home right now!
Time, Location, Quality of Life & Future Investment, these are the primary factors that are driving the current real estate market.  There is an eight year pent up demand of buyers and sellers that have wanted and needed to move over this period of time.
Uncertainty no longer exists. Gone are terrorist threats, stock market crash, loss of jobs, political wavering and home prices declining.  What has taken the place is a new fear.  Fear is one of the strongest emotions and the fear of lost opportunity is among the worst.
(2 comments)

foreclosure: Seller’s Market but Buyers have the most to gain! - 01/19/13 09:09 AM
Dear Clients, Friends & Fellow Realtors,
This is the time to make hard decisions that will affect your financial future.  “Don’t cry over spilled milk” There is no crystal ball so timing the bottom of the market was just a guess at best.  Home prices began one year ago.   No one could have been sure of this until enough times had past.
We are now in the midst of a full blown Seller’s Market.  The reasons for the turn-around are plentiful.  Jobs are coming back, banks have chosen to work with home owners in default rather than foreclose, consumer confidence is … (0 comments)

foreclosure: Bank Owned Mint Canyon Dream View Home in Santa Clarita, Ca. - 01/15/13 04:30 AM
Dear Clients, Friends & Fellow Realtors,
Bank Owned Home Coming Soon! Let me know if you are looking for a 4 Bedroom Home with a View on a with a downstairs bedroom built in 2005. This one is set for a bidding war so get started early.  Take a look at the new upcoming bank owned listing at:
http://www.29535kevinway.z57websites.com/
See this and other homes as soon as possible as inventories and well priced listings are disappearing quickly!

Your Friend & Realtor,
Tony Lewis
RE/MAX of Valencia www.TonyLewis.com tonyglewis@yahoo.com Cell - 661-510-7975



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foreclosure: Home Ownership is desired by renters and charished by home owners! - 01/14/13 03:24 PM
Home Ownership is still Highly Rated by those that own their own home.
Home Ownership is still a strong desire for those currently renting.
Take a look at the statistics on each of these on the California Association of Realrors website:
 
http://www.car.org/aboutus/onecoolthing/stillthedream/

Call, Text or Email anytime, day or night
to discuss listing, selling or avoiding a foreclosure!

Your Friend & Realtor,

Tony Lewis * RE/MAX of Valencia
www.TonyLewis.com tonyglewis@yahoo.com Cell - 661-510-7975


(1 comments)

foreclosure: Mortgage Debt Relief Act of 2007 Extended - Short Sales are an option! - 01/07/13 06:54 AM
It appears that the Mortgage Debt Relief Act of 2007 has been extended for one year to included(2013). Usually canceled debt is considered income, but a provision of the Debt Relief Act allowed borrowers "to exclude certain canceled debt on [a] principal residence from income. Debt reduced through mortgage restructuring, as well as mortgage debt forgiven in connection with a foreclosure, qualifies for the relief." (excerpt from IRS H.R.8 sect 202).

This protection is limited to primary residences -- rental properties are ineligible for relief -- so consultation with a tax adviser is necessary to ensure that a borrower qualifies.[1] The … (2 comments)

foreclosure: Happy New Year from Tony & Dani Lewis RE/MAX of Valencia - 12/28/12 11:58 AM
Dear Clients, Friends & Fellow Realtors,
Out with the old & in with the new!  2012 is coming to an end which leads to the new year 2013.  
Happy New Year and may this be your best year yet!
 Dani & I have compiled a list of Events, Things to do & Parties for New Years Eve & New Year Celebrations!     Our Nation is Healing, Home Prices are on the Rise & Selling a Home makes more sense than it has for yours!   Call, Text or Email Tony anytime, day or night, to discuss your home's value … (1 comments)

foreclosure: Foreclosures are Down, Does this mean the market has recovered? - 11/25/12 04:00 AM
Dear Friends, Clients & Fellow Realtors,
The real estate market has changed!  I am a Realtor listing and selling homes in Valencia, Stevenson Ranch, Santa Clarita and the Santa Clarita Valley.  This community is one of the safest cities of it's size and offers great schools, parks and incredible annual events.  We are best known for Six Flags Magic Mountain and offer the TPC at Valencia Westridge Golf Course, Valencia Country Club Golf Course, the Paseo Club Tennis Club, Westfield Valencia Town Center Mall, Bridgeport Lake Community and much more.
The Santa Clarita Valley, California includes the areas of Valencia, Stevenson … (2 comments)

foreclosure: Real Estate Market Recovery is too late... - 11/17/12 07:12 AM
Dear Friends, Clients & Fellow Realtors,
We are finally in the midst of a long awaited and needed recovery for the real estate market.  This is good news for home owners and great news for our nation.  The down side, however, is that the damage has been done and too many home owners will continue losing their homes over the upcoming years.
Interest Rates have defied all financial rules as they continue at historic lows despite all of the multiple offers and extensive numbers of buyers looking to purchase a home.
This is one of those rare times in real estate … (4 comments)

foreclosure: Have you heard the news? - 07/20/12 03:48 PM
Dear Clients, Friends & Fellow Realtors,
There are currently only 404 Active Listings in all 6 Areas of the Santa Clarita Valley.  Of these homes only 37 are REO or Bank Owned Homes!  There are now 137 Short Sale Active Listings in the Santa Clarita Valley.
We are currently in a really strange real estate market at the present time.  Although it is a Buyer’s Market, Sellers are able to dictate the terms of the homes being sold.
Nationwide we are seeing multiple offers and all indication show that the bottom of the market is now in the rear view … (4 comments)

foreclosure: Housing Shortage in the Santa Clarita Valley! - 04/17/12 05:28 AM
Dear Clients, Family, Friends & Realtors,
It’s happened once again, buyers are out looking for homes, multiple offers are normal in the Santa Clarita Valley once again.  Valencia, Stevenson Ranch and other Santa Clarita Valley communities are in a full blown real estate market recovery.  Safety, great schools and a strong community environment have brought out home buyers locally, throughout California and around the nation looking for the best location to live.
Home prices, low interest rates, home affordability & strong economic signs have increased home buyers confidence.  Many are now concerned that prices will rise as will interest rates.  It … (1 comments)

foreclosure: Why the real estate market will improve in 2012! - 12/31/11 06:18 PM
Home prices have fallen below the price they would be today had the bubble not been created. Mortgage Interest Rates are at an unsustainable low level and buyers will fear missing out. Home Owners have been in the same homes much longer than usual and will want to move. First Time Buyers are being encouraged to get out and buy a home by family and friends. There is simply too much money sitting on the side lines and real estate is a safe haven once again. Lenders are approving short sales at a rate unheard of just 2 years ago. This … (5 comments)

foreclosure: Baby Boomers Demand One Story Homes or Two Story Homes with a Master Bedroom Downstairs! - 10/01/11 07:02 PM
Baby Boomers are at it again!  This wealthiest generation of all time is now demanding to have homes, especially the higher end million dollar homes to have a downstairs master bedroom.  This seemingly obsolete floor-plan that was built extensively in the '90's and 2000's has now come to fruition.  Just as home searches on the Internet have evolved so has this aging generation.  They have the money and know what they want.  Just 10 short years ago we were all told how valuable one story homes were going to be once the baby boomers began to age.  Well the future is … (4 comments)

foreclosure: It's all about you! - 09/09/11 05:55 PM
Being self centered is never a more important attribute than when it comes to buying a home!
There are many Realtors that choose to look "for you"
It is a much better idea to be looking with your!  A Realtor may know the local community and the best priced homes and most desirable location.  They may know exactly how many bedrooms you need and the maximum price you want to pay.  You may have even express the size of yard or whether you like a town home or detached home.  However these items are the numbers of the home purchase.  Buying … (1 comments)

foreclosure: Don't look now, but buyers are once again coming out of the woodwork! - 09/05/11 06:39 PM
For some reason buyers seem to all be on the same wave length.  This phenomenon is unexplainable and the very same reason I've attempted to get buyers to buy while other sit on the side lines.  Home sales plummet and few buyers take advantage then overnight buyer, all at once, start buying.  Few had taken advantage of the market and all of the sudden homes are getting multiple offers and interest rates jump a half point or more.  So buyers stop buying, prices drop, interest rates drop, bargains are to be had and buyers stop buying.  This is the roller coaster … (3 comments)

foreclosure: Real Estate Market suffering through "The Carrot & The Stick!" - 08/25/11 07:44 AM
A real estate market recovery is much like traveling to a destination.  You wouldn't drive from your home to a destination you don't know without a GPS or MapQuest or AAA TripTic.
Attempting to pull the real estate market out of despair is also like taking a journey to an unknown destination.  There has been on roadmap drawn in fact the process seems to be "throw it against the wall and hope something sticks!"
 The real estate market recovery has been by "The Carrot & The Stick"
The Carrots:
Interest Rates at low never seen before. Halting Foreclosures. Aiding Home Owners to … (0 comments)

foreclosure: Valuable Info for you, family & Friends - Tony Lewis * RE/MAX of Valencia - 07/17/11 12:02 PM
Newsletter sent to clients and friends July 17, 2011
Dear Clients & Friends,
Unfortunately, home values have declined as much as 50% in many areas.  Property Taxes are based on many factors including a decline in property value.  A lowered value may lower your property taxes by hundreds or thousands of dollars.  You need to apply for an adjustment prior to November 30, 2011.  You will need to fill out the Decline in Value form as well as submit 2 qualified sales in order to qualify for an adjustment to your property taxes.  Call Tony Lewis at 661-510-7975 to receive the … (1 comments)

foreclosure: Banks halt foreclosures, this may help everyone except those losing their homes! - 10/09/10 03:50 PM
It looks as though the long expected flood of foreclosures, also called the shadow inventory, has once again been put on hold.  There are irregularities in the title of many foreclosure properties and this must be dealt with prior to releasing homes by the banks.  This is a reprieve for those in foreclosure and may allow them a place to live for free for an extended period of time.
Following are some of the results of this delay:
Lenders may finally work to unload properties easier as a Short Sale allowing more home owners avoid a Foreclosure on their record. There … (6 comments)

 
Tony Lewis, Summit Real Estate Santa Clarita & OC Laguna Nigel (RE/MAX of Valencia (Hall of Fame) 30 year Valencia Resident) Rainmaker large

Tony Lewis

Summit Real Estate Santa Clarita & OC Laguna Nigel

Valencia, CA

More about me…

RE/MAX of Valencia (Hall of Fame) 30 year Valencia Resident

Address: 27720 Dickason Drive, Valencia, Ca., 91355

Office: (661) 510-7975

Mobile: (661) 510-7975

Email Me

Real Estate in my opinion. The idea of this blog is to communicate the current state of real estate and home sales and listing information as it relates to residents of Valencia, Stevenson Ranch, Saugus, Castaic, Newhall, Canyon Country, the Santa Clarita Valley and Santa Clarita, California. This information will help people in Los Angeles, Los Angeles County and the state of California to see how homes and real estate is progressing in one of Southern California's premier communities!


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