Archive for the ‘Uncategorized’ Category

Buyers FAQ’s

Friday, March 15th, 2013

REO vs. Foreclosure

An REO (Real Estate Owned) is a property that goes back to the mortgage company after an unsuccessful foreclosure auction. You see, most foreclosure auctions do not even result in bids. After all, if there was enough equity in the property to satisfy the loan, the owner would have probably sold the property and paid off the bank. That is why the property ends up at a foreclosure or trustee sale.
Foreclosure sales begin with a minimum bid that includes the loan balance, any accrued interest, plus attorney’s fees and any costs association with the foreclosure process. In order to bid at a foreclosure auction, you must have a cashier’s check in your hand for the full amount of your bid. If you are the successful bidder, you receive the property in “as is” condition, which may include someone still living in the property. There may also be other liens against the property.
Since what is owed to the bank is almost always more than what the property is worth, very few foreclosure auctions result in a successful sale. Then the property “reverts” to the bank. It becomes an REO, or “real estate owned” property.

REO Properties For Sale

The bank now owns the property and the Loan no longer exists. The bank will handle the eviction, if necessary, and may do some repairs. They will negotiate with the IRS for removal of tax liens and pay off any homeowner’s association dues. As a purchaser of an REO property, the buyer will receive a Title Insurance policy and the opportunity to investigate the property.
A bank owned property might not be a great bargain. Do your homework before making an offer. Make sure that the price you pay (if you’re successful) is comparable to other homes in the neighborhood. Consider the costs of renovation, including time to complete them. Don’t get caught up in a ‘bidding war’ and pay over market value. It’s an old myth that “foreclosures” are a bargain.
 

How Banks Sell REO’s

Each bank/lender works a little differently, but they all have similar goals. They want to get the best price possible and have no interest in “dumping” real estate cheaply. Generally, banks have an entire department set up to manage their REO inventory.
Once you make an offer to purchase, banks generally present a “counter-offer.” It may be at a higher price than you expect, but they have to demonstrate to investors, shareholders and auditors that they attempted to get the highest price possible. You should plan to counter the counter-offer.
Your offer or counter-offer will probably have to be reviewed and approved by several individuals and companies. Even once an offer is accepted, the bank may insert wording like “..subject to corporate approval within 5 days.”

Property Condition

Banks always want to sell a property in “as is” condition. Most will provide a Section 1 pest certification, but not unless you include it in your offer and negotiate the point. They will allow you to get all the inspections you want (at your expense), but they may not agree to do any repairs.

Your offer should include an inspection contingency period that allows you to terminate the sale if the inspections reveal unanticipated damages that the bank will not correct.

Even though you agreed to “as is,” always give the bank another opportunity to make repairs or give you a credit after you’ve completed your inspections. Sometimes they’ll re-negotiate to save the transaction instead of putting the property back on the market, but don’t take it for granted.

Banks do not want to see a lot of proprietary disclosures; they are exempt from the California Seller’s Transfer Disclosure Statement (TDS-14). If there are real estate agents involved, either representing you or the bank, those agents are required to provide you their disclosure statements.

What About Paying Property Taxes In California?

Property taxes on owner-occupied residences are levied on Assessed Value. Assessed Value is 10% of Full Cash Value.  The Full Cash Value could be different (usually lower) than the price you paid for your home.

The amount of taxes you pay will vary based on where you live. Property taxes are the sum of state, county, municipal, school, and special district rates. There are also exemptions and rebates that may apply to your property.  Questions on the tax liability for a specific property should be directed to the local tax assesors office.  Contact us for that information.

The Assessor’s Office will update the assessed value of the property every year. The Assessed Value is determined based on a computer analysis of information like previous sales in the neighborhood, view, lot size, and square footage, to name a few variables. If you do not agree with the Assessed Value, you may appeal to the Assessor’s Office.

Property taxes are billed to the homeowner (or mortgage company if your taxes are paid out of the escrow account) twice a year. You can either include property tax payments in your mortgage payments or pay property taxes separately.  The taxes are billed by and payable to the County Treasurer you live in. The taxes are billed in arrears, meaning that: The second half of the previous year’s taxes is billed on March 1st, and payable before May 1st. The first half of the current year’s taxes is billed on October 1st, payable before November 1st.

In What Ways Can I Hold Title To Property In California?

First of all, we recommend that you discuss the various title options with your lawyer or accountant before making any decisions that will affect the title to your new property. Here are some of the options that may be available to you:

Community Property: for married persons only. The State of California assumes all property acquired by husband and wife is community property. One spouse cannot partition the property by selling his or her interest, but each spouse can will one-half of the community property separately.

Community Property with Right of Survivorship: for married persons only. As above, except: upon the death of one spouse, the estate passes to the other spouse outside of probate.

Joint Tenancy with Right of Survivorship: this method of ownership gives title to the last survivor. The individuals can be either married or unmarried, but married persons must specifically accept the joint tenancy to avoid the presumption of community property. Each joint tenant holds an equal interest in the estate, and can partition the property by selling his or her joint interest. Upon death, the estate passes to the surviving Joint Tenants outside of probate.

Tenancy in Common: parties do not have survivorship rights and each owns a specific interest in the entire title. Each tenant’s share can be conveyed, mortgaged, or devised to a third party. Upon death, the tenant’s proportionate share passes to his or her heirs.

Sole and Separate: real property acquired by a spouse before marriage or any acquired after marriage by gift, descent, or specific intent. If a married person acquires title as sole and separate property, his/her spouse must execute a disclaimer deed.

Corporation: title may be taken in the name of a corporation if that corporation is duly formed and in good standing in the state of its incorporation.

General Partnership: title may be taken in the name of a general partnership duly formed under the laws of the state of the formation of the partnership.

Limited Partnership: title may be taken in the name of a limited partnership under the laws of the State of California or another state. A Certificate of Limited partnership must be filed in the Office of the Secretary of State, a certified copy of which must be recorded.

Again, please consult your attorney or accountant before making any decisions on how you will hold title to property in California. We are real estate agents in California – we are NOT lawyers or accountants. The options above are just informational, and should not be construed as legal advice.

Why Do I Need an Agent if I’m Buying a Home Directly from the Builder?

If you go through the builder directly, they are going to look at you as a customer. When you use a Realtor, you become our client. Realtors have fiduciary duties to their clients. Builders have the duty of disclosure, but they don’t necessarily have the same fiduciary responsibility that Realtors do. We look out for you and your interestsduring the home buying process. We can act as the intermediary between you and the home builder. We will be with you when you register with the builder, and can ask questions that you might not think of. Having your Realtor with you during the contract phase will give you extra assurance, as we will review the contract and make sure your questions are answered. Sometimes, a Realtor who is independent of the builder may be able to negotiate a better price and/or better terms for you. Once the contract is signed, we are there to assist you at the appointments that are necessary during the home-building process:

· We can offer you advice at the design center because we know what can hinder or enhance your resale value, and can suggest finishes that may be more appropriate to your plans. Builders make the most profit from design center upgrades, and have salespeople there to promote the options – we can help you allocate your money to choose upgrades that will enhance your home’s value while staying within your budget.

· We can meet with vendors who must access your property before the sale closes if you are unable to be there. For example, you may need windows or rooms measured for window treatments or flooring, or an electrician to verify where you want your surround sound speakers to be placed.

· We can attend the inspection and the builder walk-through to point out areas of concern and make sure all of your questions are answered to your satisfaction before you take title to your new home.

As your Realtor, we want to make sure you are getting the best deal possible. We will negotiate on your behalf and can recommend things the builder will not tell you about, like having an independent inspection before the builder walk-through.  There is no cost to you if you decide to employ a Realtor. Real estate is one of the biggest purchases you will make in your life, and it is prudent to make sure you have an expert representing you. When you choose our team, we are there for you!Contact us today. We look forward to hearing from you.

Homesellers Tips

Friday, March 15th, 2013

Hire A Realtor® For Homesellers

Studies show that homesellers who use a REALTOR® to represent them generally get a better price than those who sell the home themselves. REALTORS® are up-to-date on critical processes and can help keep you out of trouble. They can also help you get your home sold at the best price in the right timeframe.

Equally as important, REALTORS® add objectivity to an inherently emotional transaction: the sale of your home.

 

Before Your Home Is Listed

It’s important to have your home in good showing condition before buyers start going through it. Here are some steps to take:

  1. Touch up interior and exterior paint as needed.
  2. Install new carpeting and flooring if it appears worn or dated.
  3. Make sure the front is clean and spruced up – curb appeal will create a favorable first impression.
  4. Trim bushes and plants as needed, and make sure the lawn is kept mowed and trimmed. In autumn, rake the leaves; in winter, keep the snow shoveled.
  5. Keep the interior clean, decluttered and odor-free. Eliminate evidence of pets.
  6. Minimize personal items such as family photos. You want buyers to see themselves living in the home.
  7. Consider putting excess furniture and belongings in storage. Now’s the time to clean out the garage and basement and sell, give away or throw away items you don’t need anymore.
  8. Consider having a pre-listing inspection performed. Buyers will be hiring professional inspectors; here’s your chance to address problems in advance.
  9. Consider engaging a professional stager to give your home the right emotional appeal.
 

During The Listing Period

  1. When potential buyers visit your home, either be absent or make yourselves as inconspicuous as possible.
  2. Have fresh flowers in the entryway. It makes for a friendly introduction into your home.
  3. If offers are made that don’t match your hoped-for price, don’t reject them out of hand. Be open to our advice and next plan of action.
  4. Consider dropping the price if several months go by with few or no offers. But if you and your agent have priced your home properly from the start, this shouldn’t be necessary.
  5. Don’t get discouraged. In buyer’s markets, homes take longer to sell than during boom times. Your home will eventually sell; it’s a matter of us finding the right buyer for you.
 

Homesellers, Help Your Agent

You have the best chance of selling your home if you work closely with your Realtors. Make sure all showings are coordinated through us. If you have a brochure box, be sure to let us know if it needs to be filled.

If prospective buyers want to discuss your property or negotiate price or other terms, defer their questions to us. We are the experts and can best handle all the details without emotion.

Avoiding Foreclosure

Friday, March 15th, 2013

Are you behind in your mortgage payments, or concerned that you soon might be?

Have you received a preforeclosure letter from your lender?

First of all, don’t be ashamed. Millions of homeowners are in your situation – many times through no fault of their own. A job loss, a serious illness or other circumstances can put you in danger of foreclosure.

The economic downturn has led to many homeowners being “under water” in their loans, meaning they owe more than the home is worth, making it impossible to refinance.

If you’ve become one of those millions, don’t panic. Foreclosure, and its accompanying effect on your credit, is not inevitable. There are many options out there, and your circumstances may make one of those options feasible and desirable for you.

To keep your options alive, you need to communicate with your lender. Many homeowners have lost their homes to foreclosure without ever having contacted the bank.

This would also be a good time to consult with a tax advisor and a RE/MAX agent. RE/MAX agents are trained in working with distressed properties, and we will be able to help you explore options other than foreclosure.

Many lenders would rather not foreclose. They take a large financial hit on a foreclosure. So in many cases, they’ll consider alternatives. Some of these options may keep you in your home:

Loan Modification

While only certain homeowners will be able to take advantage of this alternative, it is your best option because it keeps you in your home and preserves your credit rating.Mortgage and foreclosure terms defined

Your lender may be willing to modify the terms of the loan, whether it’s reducing the principal, lowering the interest rate or other creative strategies to make the loan affordable for you. As part of the stimulus package, the U.S. government has programs to provide incentives for banks that use this strategy as an alternative to foreclosure.

Short Sales

This is the fastest-growing foreclosure alternative. Many banks will allow a short sale, in which the home sells for less than the amount of the loan. This is attractive for lenders because they lose less money than in a foreclosure. Also, short sales generally take less time than foreclosures, so the banks don’t have to carry the properties on their books as liabilities.

And it’s attractive for homeowners because the impact on their credit is far less than in a foreclosure. It stays on their credit reports for only two years, as opposed to seven years for a foreclosure, and often isn’t a barrier to purchasing another home.

Short sales are paperwork-intensive, and there are many, many details involved. If you’re considering this option, it’s critical to work with a trained real estate agent who knows all the steps required to successfully complete a short sale.

Short Sales – Benefits To Working With Us:

What we do differently then any other Realtor is that we have a Law Firm representing us throughout the transaction at NO COST TO YOU.  The Lawyers at Rosen&Zimmerman are able to negotiate with the banks on our behalf and get an approval on the short sale as soon as possible and hopefully with a full forebearance on the balance of the loan.  Most Realtors use negotiators who, for the most part, have no experience or education in the field of negotiating.  The other factor is that they are not licensed or certified which means that they have no legal liability and may put you and your home at risk.  The clout a lawyer has with your banks lending department is much stronger then an independent negotiator with no experience.  The letters that our Lawyers write up on our behalf are professionally done with their own letter head.  Our job is to look out for our clients in every way possible.  Working closely with a Law Firm that we know and trust is our best way to look out for your best interest.  Feel free to visit the Law Firm of Rosen&Zimmerman at www.RosenZimmerman.com

RE/MAX leads the real estate industry in agents who’ve completed the Certified Distressed Property Expert (CDPE) course or other specialized training. They understand the intricacies of these transactions, and they’ll be able to advise and counsel you every step of the way.

Keep in mind that no matter which option you choose, there may be tax and other financial consequences. You should consult with a tax advisor or legal expert.

Foreclosure (Cash for Keys)

One of the biggest problems in foreclosures is that homeowners sometimes physically damage the property, or even sell some of the fixtures, before leaving. Needless to say, this is not a good idea. It may expose the homeowners to financial and legal liability. It also makes the properties much more difficult to sell.

To prevent this, some lenders offer a program called “Cash for Keys.” The homeowners receive a check for vacating the property within a certain time period and leaving it in good condition. If you have no alternative other than foreclosure, you should ask the bank about this option.

Tips From HUD For Avoiding Foreclosure

The U.S. Department of Housing and Urban Development has 10 tips for avoiding foreclosure:

Read more from HUD about foreclosureFind additional resources to help you avoid foreclosure.

Santa Clarita

Friday, March 15th, 2013

Valencia Realtor’s Choice

Abiding by its slogan “Built as Promised,” Valencia has been carefully planned, designed and built over the last 40 years and has become one of the most popular areas in Southern California for people to raise their families. Valencia is regarded as one of the nation’s leading master-planned communities and was named one of the 50 best places in the U.S. to live in the publication “Fifty Fabulous Places to Raise Your Family.”

Bridgeport *Featured Community

Creekside *Featured Community

Westridge *Featured Community

Newhall Land has developed Valencia in accordance with a master plan created by legendary planner Victor Gruen in 1965. Rather than focusing solely on residential development, the community’s master plan includes every aspect of modern life — diverse residential neighborhoods that are balanced by thriving work centers, top-quality schools, abundant recreation, dynamic shopping, dining and entertainment, and public services such as medical care, government centers, a library and more.

Partly located in the heart of the City of Santa Clarita, the community occupies a portion of the original 48,000-acre Newhall Ranch. It encompasses more than 15,000 homes, tens of thousands of jobs, and distinguished institutions such as College of the Canyons and the Disney-endowed California Institute of the Arts. These two institutions will soon be joined by the future campus of the University of California at Los Angeles (UCLA) Film and Television Preservation Center on 60 acres at McBean Parkway and Rockwell Canyon Road, between CalArts and College of the Canyons.

Also unique to the community is its extensive paseo system, a series of scenic walkways and bike paths that connect homes to shops, parks and schools. There are currently about 30 miles of these innovative paseos, which are featured within each residential neighborhood Newhall Land plans. The company has partnered with the City of Santa Clarita to build miles of trails along the Santa Clara River and its tributaries.

Valencia is renowned for its open space and abundant recreation. There are currently 11 parks, all built by Newhall Land, within the community, dozens of private neighborhood recreation centers and acres of natural areas and oak woodlands that the company has set aside as permanent open space.

Valencia is home to government, health care, dining and entertainment, as well. The Santa Clarita Valley Chamber of Commerce, Santa Clarita City Hall, Henry Mayo Newhall Memorial Hospital, the county’s civic center, Six Flags Magic Mountain and Hurricane Harbor, Westfield Valencia Town Center, Valencia Marketplace, Valencia Country Club and TPC at Valencia, California’s first and only Tournament Players Club course, are all located here

Westfield Valencia Town Center, an enclosed regional shopping center, and Town Center Drive, a half-mile pedestrian-oriented retail destination, create the hub of shopping, dining and entertainment for the valley. In addition to three major department stores, Town Center is home to a mix of quaint boutiques, leading national retailers, great restaurants, the Hyatt Valencia and Santa Clarita Conference Center, a Spectrum Health Club, and major employers including Princess Cruises and Morgan Stanley Dean Witter.

Newhall Land has also developed Valencia Gateway, a series of planned business and technology centers that currently provide more than 55,000 jobs. As the major employment center for the Santa Clarita Valley, Valencia Gateway is home to numerous light industrial and manufacturing businesses, and is an established center for entertainment, production, and biotechnology-related industries.

Also in Valencia are numerous state and nationally distinguished elementary, junior and senior high schools, private child-care centers and Legacy Academy, a private elementary school.

 

Saugus

Circle J Ranch *Featured Community

Until the late 1940s, when people moved west after World War II, Saugus was a sleepy little town surrounded by several large ranches. Today, the community caters to family living, with much of its development built along Bouquet Canyon Road, which extends through the picturesque hills all the way to the Antelope Valley, Seco Canyon Road and Copper Hill Drive. A recent residents’ survey revealed that 70 percent of the homeowners want to maintain Saugus as a bedroom community and not a business-oriented area. The community is the home of the Saugus Speedway and Swap Meet, one of the oldest and largest open-air markets in Southern California; Castaic Lake Water Agency’s new filtration plant and education center, and a large Metrolink Station adjacent to the speedway.

One of the newest additions to the community is the 40-acre Central Park, which includes many amenities such as lighted sports fields and some 500 trees. Phase 2 of the park opened in January 2003, boasting four additional sports fields, a new restroom facility, walkways and shade trees.

Parks have been a priority since the city was created. The city opened another park in 2001, in the Circle J Ranch area of Saugus. The 5-acre Circle J Ranch Park at 22651 Via Princessa includes a picnic area, walkways, trails and children’s play area. Another neighborhood park, the 5-acre Pamplico Park, opened next to James Foster Elementary School.

Saugus also is home to the Mountasia Family Fun Center, a year-round entertainment complex that celebrates its 10th anniversary in 2005. The center is home to the only laser-tag arena in the valley. It also features video and redemption games, a rock-climbing wall, bumper boats, roller-skating and blading, go-kart racing and miniature golf. The complex also features a Farrell’s Ice Cream Parlour & Restaurant, which offers a full menu as well as a variety of ice cream desserts. Mountasia also is a popular spot for birthday parties and corporate events.

The Santa Clarita Sports Complex, renamed the George A. Caravalho Sports Complex after the longtime city manager who recently left, features basketball, volleyball and raquetball courts, as well as a specially designed outdoor skate park. The complex recently underwent an expansion that introduced a teen center, arcade, arts and crafts room, dance room, computer room and various community and multipurpose rooms. The newest addition to the complex is an aquatics center, boasting three pools, including a 50-meter competition pool with a professional timing system, a 25-meter dive pool, and an activity pool complete with water play equipment and a 160-foot water slide. The recently completed $9 million facility also provides concession facilities and locker/changing rooms on its landscaped, lighted grounds. With plenty of parking and ample deck space for lounging, the Aquatic Center is sure to be a popular summer destination.

Saugus also has a connection to the man after which Newhall was named. In 1887 the Southern Pacific railroad established a second train stop at Saugus, which was named for Henry Mayo Newhall’s Massachusetts birthplace. The term Saugus is Narragansut Indian, meaning “sandy spit of land.”

The Newhall-Saugus area became Hollywood’s back lot for filming westerns. Actors William S. Hart, Tom Mix and Gene Autry took advantage of the rugged and varied topography to create the visual traditions that would define the classic western. In fact, Saugus was the scene for one of the West’s last train robberies – and it was not a fictional movie tale. In 1929 “Buffalo” Tom Vernon derailed Engine No. 59 and separated passengers from their valuables. The famous Saugus Cafe opened in 1887 inside the Saugus Train Station, and in 1905 it moved across the railroad tracks to where it stands today. Among the celebrities who have dined in the cafe were President Theodore Roosevelt, President Benjamin Harrison, the King of Spain, Clark Gable, John Wayne and California Governor Gage.

 

Stevenson Ranch

Stevenson Ranch, set in the foothills of the Santa Susanna Mountains in the Santa Clarita Valley, offers wide-open spaces, breathtaking views, and a variety of home choices to suit a wide variety of family needs. An ideal community bringing families together to grow and experience the small-town spirit shared among neighbors, Stevenson Ranch fosters close-knit neighborhoods and family-oriented community-wide activities such as festivals and holiday celebrations. The 4,000-acre community of more than 8,000 homes features an estimated 1,000 acres of designated open spaces and parklands, and is close to various work centers and recreation.

Stevenson Ranch Elementary School, spread across two separate campuses, has been honored as one of the select few “California Distinguished Schools.” One of community’s newest schools is Pico Canyon Elementary School, which opened in 2003 at 25255 Pico Canyon Road. Education is a major concern of the community, and Stevenson Ranch provides unequaled education opportunities to its residents. Projected at the build-out of the community, a full spectrum of new educational facilities will be operational, including a middle school and a high school. Additionally, the new Dr. Richard H. Rioux Memorial County Park includes soccer fields, baseball diamonds, basketball, two children’s play areas and an outdoor amphitheater.

The Welcome Home Center serves as an information dissemination point for new neighborhoods and homeowners’ information, as well as a cultural venue and community gathering place. The Stevenson Ranch Plaza is a popular community center for Stevenson Ranch residents to shop, dine and socialize. Other nearby recreational opportunities include Santa Clarita Valley’s championship golf courses and the nearby historic town of Mentryville.

 

Canyon Country

Canyon Country has carved a unique identity apart from its neighbors to the west. It is the largest of the four primary bedroom communities that make up the City of Santa Clarita: Saugus, Newhall, Valencia and Canyon Country. The area started as a collection of rural homes nestled into canyons and smaller communities – Mint Canyon, Tick Canyon, Iron Canyon, Sand Canyon, Whites Canyon, Vasquez Canyon, Soledad Canyon, Honby, Pinetree, Forrest Park, Sulphur Springs and Solemint Junction. The area south and north of the Santa Clara River was renamed Canyon Country in 1968 by a residents’ ballot.

Geographically, Friendly Valley and Serena Park are part of Canyon Country, as is prestigious Sand Canyon with its large estate homes, equestrian ranches and the new Robinson Ranch golf course community. Soledad Canyon Road, which runs through Canyon Country, is a primary retail boulevard surrounded by a diversity of residential neighborhoods, a Metrolink train depot and shopping centers. Some of the newer attractions along Soledad include an Regal-Edwards 10-screen multiplex and entertainment center, as well as the new Jo Anne Darcy Canyon Country Library, named after the councilwoman who retired from public office in 2002 after having served the city since its creation in 1987. College of the Canyons maintains an educational center in the library complex, bringing much-needed classrooms and a computer center into the valley’s most populous community.

 

Newhall

After several years of planning, Old Town Newhall is emerging as a thriving venue of unique shops, live theaters and unique restaurants. The most visible early redevelopment of the area occurred in the late 1990s when Railroad Avenue was renovated with period light fixtures and landscaping, followed closely by nearly a block of retail renovation to the structure that now holds the Repertory East Playhouse and El Trocadero Steakhouse. That same block south of Market is also the new home of the Canyon Theatre Guild, whose playhouse hosts some of the finest community theater found anywhere. Across Railroad Avenue is the third Metrolink station to open in Santa Clarita, the Jan Heidt Metrolink Station, named after one of the city’s first council members.

The oldest and most historic community in Santa Clarita also features the Walk of Western Stars, a Hollywood Boulevard-style sidewalk that honors western stars and other noteworthy individuals; the Cowboy Poetry and Music Festival at the nearby historic Melody Ranch, a working movie ranch once owned by western legend and California Angels owner Gene Autry; William S. Hart Park, a county-run facility that also includes the home-turned-museum of silent western star William S. Hart, a petting zoo and expansive grounds; Placerita Nature Center; historic Heritage Junction and the historic Pioneer Oil Refinery.

Newhall was founded in 1876. Railroad tycoon Henry Mayo Newhall had a major influence on this valley’s destiny, recognizing the impact railroads would have on the area. He bought the old del Valle rancho and sold the railroad right-of-way to the Southern Pacific railroad for $1 and a town site for another dollar. Southern Pacific named the little town after him.

Newhall was the setting for filming of the earliest western movies, and this heritage was maintained by silent western star William S. Hart, who bequeathed his famous home and property to the county. His home is maintained as he left it, and it is open to the public for tours. Originally an oil, mining and farming community, Newhall now holds a generous portion of the still-visible history of this valley.

 

Community Post Office Locations

  • Golden Valley Post Office
    26541 Ruether Ave., Suite B
  • Canyon Country Post Office
    18336 Soledad Canyon Road
  • Santa Clarita Post Office
    24355 Creekside Road
  • Lyons Post Office
    23642 Lyons Ave.
  • Valencia Post Office
    25842 1/2 Tournament Road
  • Newhall Post Office
    24201 The Old Road
  • Castaic Post Office
    31519 Castaic Road
  • Canyon Country
    18336 Soledad Canyon Road

Bridgeport

Friday, March 15th, 2013

BRIDGEPORT, VALENCIA CA

Bridgeport is a beautiful newer community that surrounds a man-made lake with miles of scenic walking trails. It is located in the center of Valencia near the cross streets of McBean Parkway and Newhall Ranch Road.

The community consists of 800 residences made up of single family homes, townhomes and condos. The homeowners in Bridgeport enjoy walks around the lake and inlets as well as the use of an incredible recreation center that has a pool and spa as well as peaceful paddle boat rides. The park in Bridgeport is a relaxing place where you can take your family to enjoy your free time at the playground, large grassy areas as well as participating in team sports at the baseball and soccer fields. There are top-notch restaurants and shopping areas all around Bridgeport.

 

“Not Just A Realtor, I Am Also Your Neighbor.  I Have A Strong Vested Interest In Our Community And I Have Fought Behind The Scenes Throughout The Years To Maintain Our Values”
Matt Ciociolo (Cove Home Owner Since 2010)
Remax of Valencia
(818) 859-0892
MattCiociolo@yahoo.com
 
 
Community Newsletter
Bridgeport Community Newsletter – January 2016
Bridgeport Community Newsletter – February 2016
Bridgeport Community Newsletter – March 2016 
Bridgeport Community Newsletter – April 2016
Bridgeport Community Newsletter – May 2016

FEATURED BRIDGEPORT LISTING

Beautiful Bridgeport LAKE VIEW Home

PRICED AT $789,000
This 4 Bedroom, 4 Bathroom beautiful home is located in beautiful Bridgeport, Valencia. It’s expansive views of the lake can be enjoyed from the front yard, living room area and out the Master Suite’s private balcony with sitting area. The new floors that were just installed throughout the home really make this home a Stunning place to call HOME. The side patio has had a custom hardscape patio installed with it’s own private areas to plant a garden. This home is located a very short walk from the recreation center which includes a boatdock, pool, spa, bbq’s!!!

*** – Bridgeport Communities – ***

Cabot Bay

Cabot Bay from Valencia Realtor
Number of Homes: 77
Builder: Greystone Homes
Type: Three Story, Attached Town Homes (2 and 3 Bedrooms)
Sq.Ft.: 1307sqft-1680sqft
Style: Cape Cod/Colonial
Note: All units have an Attached Garage and Wrought Iron Enclosed Front Patio.
Location: Next to the lake on the East side of McBean Blvd on Bridgeport Lane.

HOME 1 LAYOUT

Cabot Bay Home 1

HOME 2 LAYOUT

Cabot Bay Home 2

HOME 3 LAYOUT

Cabot Bay Home 3

 

Waterford

Waterford
Number of Homes: 67
Builder: D.R. Horton
Type: Three Story, Attached Town Homes (3 Bedrooms)
Sq.Ft.: 1844sqft-2116sqft
Style: Colonial
Note: Next to Bridgeport Park, Park Views.
Location: East side of McBean Blvd off of Newhall Ranch and Parkwood Drive.

HOME 1 LAYOUT

Waterford Home 1

HOME 2 LAYOUT

Waterford Home 2

HOME 3 LAYOUT

Waterford Home 3

 

Spinnaker Pointe

SpinnakerPointe
Number of Homes: 131
Builder: Greystone Homes
Type: Attached Condos (2 and 3 Bedrooms)
Sq.Ft.: 2Bed 990sqft-1046sqft, 3Bed 1556sqft
Note: All units have atleast small balconies and either a 1 or 2 car detached garage. 3Bed units all have an attached garage.
Location: West side of McBean Blvd off of Avenue Scott.

HOME 1 LAYOUT

Spinnaker Pointe Home 1

HOME 2 LAYOUT

Spinnaker Pointe Home 2

HOME 3 LAYOUT

Spinnaker Pointe Home 3

HOME 4 LAYOUT

Spinnaker Pointe Home 4

 

Stoney Pointe

StoneyPointe
Number of Homes: 133
Builder: D.R. Horton
Type: Two Story, Detached, Single Family Homes (3 and 4 Bedrooms)
Sq.Ft.: 2167sqft-2272sqft
Style: Traditional, Mediterranean
Note: Small backyards, Next to Bridgeport Park and Bridgeport Elementary. Some homes located on the Paseo.
Location: East side of McBean Blvd between Newhall Ranch Road and Parkwood Drive.

HOME 1 LAYOUT

Stoney Pointe Home 1

HOME 2 LAYOUT

Stoney Pointe Home 2

HOME 3 LAYOUT

Stoney Pointe Home 3

 

The Colony

TheColony
Number of Homes: 79
Builder: Centex Homes
Type: Two Story, Detached Single Family Homes (3 Bedrooms)
Sq.Ft.: 1796sqft-2147sqft
Note: Gated community. Small Backyards, Some homes located on the Paseo.
Location: West side of McBean Blvd off of Avenue Scott.

HOME 1 LAYOUT

The Colony Home 1

HOME 2 LAYOUT

The Colony Home 2

HOME 3 LAYOUT

The Colony Home 3

 

Back Bay

BackBay

Number of Homes: 85
Builder: Brookfield Homes
Type: Two Story, Detached, Single Family Homes (3 and 4 Bedrooms)
Sq.Ft.: 1740sqft-2415sqft
Style: Traditional, Cape Cod, Spanish
Location: On the West side of McBean Blvd off of Avenue Scott.

HOME 1 CAYMAN LAYOUT

Backbay Home 1 - Cayman

HOME 2 HAMPTON LAYOUT

Backbay Home 2 - Hampton

HOME 3 SOUTH HAMPTON LAYOUT

Backbay Home 3 - South Hampton

HOME 4 SUNRISA LAYOUT

Backbay Home 4 - Sunrisa

 

The Landing

TheLanding
Number of Homes: 77
Builder: Richmond American Homes
Type: Two Story, Detached Single Family Homes (3 and 4 Bedrooms)
Sq.Ft.: 2748sqft-3255sqft
Style: Cape Cod/Colonial
Note: Next to Bridgeport Lake, Island counter in kitchen, Front yard view into the lake, Homes lined with white picket fencing.
Location: East side of McBean Blvd off of Edgewater Lane.

HOME 1 LAYOUT

Landing Home 1

HOME 2 LAYOUT

Landing Home 2

HOME 3 LAYOUT

Landing Home 3

 

The Cove

TheCove
Number of Homes: 86
Builder: Centex Homes
Type: Two Story, Detached Single Family Homes (3 and 4 Bedrooms)
Sq.Ft.: 2377sqft-3278sqft
Style: Cape Cod/Colonial
Note: Private Yards, Island counter in kitchen, Many homes face the lake.
Location: East of McBean Blvd off of Bridgeport Lane.

HOME 1 LAYOUT

Cove Home 1

HOME 2 LAYOUT

Cove Home 2

HOME 3 LAYOUT

Cove Home 3

 

The Island

TheIsland
Number of Homes: 80
Builder: Standard Pacific Homes
Type: Two Story, Detached Single Family Homes (3 to 6 Bedrooms)
Sq.Ft.: 3084sqft-4538sqft
Style: Cape Cod/Colonial
Note: Luxurious Gated Community, 2-3 car garages, On Bridgeport Lake, Island counter in kitchen, Most yards curl off into lake.
Location: East side of McBean Blvd off of Bridgeport Lane.

HOME 1 LAYOUT

Island Home 1

HOME 2 LAYOUT

Island Home 2

HOME 3 LAYOUT

Island Home 3

Meet Matt

Sunday, February 17th, 2013

Matt Ciociolo

License# 01829478

Qualifications

I attended college at Northeastern University in Boston, Massachusetts. I graduated with honors acquiring a Bachelors of Science in Business Administration with a double concentration in Finance and Marketing. My education has been instrumental in the success I’ve had in the real estate industry. I am active and up to date with all current affairs regarding the U.S. housing market, rapidly changing government policy and the U.S. stock and bond markets. I watch the markets, along with international markets daily, and keep current with all major issues concerning our country’s economic health. There is a direct correlation with how stock markets move and what the current government policy is that affects how home values rise/fall. Staying current with how they interact with one another is essential for a Realtor to provide a full perspective on how to proceed when buying and/or selling a home. I’ve been able to give my clients valuable advice based on my understanding in the fundamentals of this economy. The marketing degree has allowed me to think outside the box in every part of real estate. I have come up with many innovative ways to list and sell a client’s home. I have also built this website with the goal of having something beautiful and professional that features client’s listings to prospective buyers in the market. Over the past several years I have built a successful real estate portfolio by purchasing “fixers” in and around Los Angeles, renovating them, and then renting them out as income generating properties.  I have learned how to leverage the equity you have built after renovations in order to purchase more properties that bring in additional income.  Throughout this entire process I have learned a large amount of information about all of the working parts to a home and what to look out for.  I like to bring that added value to my clients/friends/family for any questions they might have on what may be wrong with their home and what the most cost effective way would be to remedy the situation.

 

Philosophy

As a young man I quickly learned the importance of helping one another, especially the less fortunate. I was a member of the Kiwanis Club in Boston which is a nation-wide volunteer group. I was an active member in the inner-city community through programs like ‘America Reads’ where we taught less privileged kids how to read, as well as ‘Tennis for Tenacity’ which gave young teens the incentive to complete their homework in exchange for tennis lessons from pros in the area. I was also able to re-build an after school program in the inner-city by developing a theatre program, acting/theatre being one of my hobbies. This group allowed the kids, who previously were unable to express themselves, to have a secure, fun environment to let go of the judgment and ridicule from neighborhood gangs and let their ideas and emotions run freely. These moments in my life have made me very receptive to the wants and needs of my clients through verbal and physical reactions.

I was given the opportunity from a Resident Director at my school to become a Resident Assistant (RA). I was privileged to be someone that my residents looked up to as a ‘big brother’. I helped them in their transition, being new freshmen, in balancing their school and social life. I witnessed too many students in my freshman year succumb to peer pressure and thus end their short lived college experience. This was my first taste in helping to guide individuals in a professional setting. I soon joined the student government (Resident Student Association) where I was able to take part in real change from the top down. I learned how to get legislation passed at the college level and found out how to gain support for certain changes. This is where I was now able to make an important impact at my school. I was part of the “Smoking Policy Task Force” where I sat on an 8 person resident/faculty panel. I learned the importance of gaining the support of both sides of an issue (smokers and non smokers alike) through polls and questionnaires. We were able to draft policies to ban smoking in most residence halls through the support of both sides, which I believe is an important step to stopping the effects of second hand smoke.

After two years of being an active leader in and outside of the University, I was nominated by my peers for a full scholarship for the remaining three years of school. Along with five others, I was honored and humbled by the award that I had received and vowed to pay the community back even more. I was able to get involved in many other great programs including a trip with the other scholarship students to Guanahuato, Mexico where we brought donated funds, supplies and clothes to a small orphanage. We also built a soccer field, constructed goal posts and handed out new uniforms for all the kids. Although I only speak a little bit of Spanish, the interactions I had with many of the kids were among the most memorable experiences of my life. Through my volunteer work I discovered the most fulfilling feeling inside which has led me to search for other ways I can make a positive impact on people’s lives.

While in school, I worked at Morgan Stanley and Manulife Financial. I found the potential career path to be very impersonal and based solely on numbers. I needed a career that had more interaction with people, and in a position to truly help the client with all aspects of their life decisions. This is when I first stumbled upon Real Estate looking for places to live in California when I first moved out here in 2006 after graduating from college. I began working at Remax and I found that it opened up the career path I had been looking for: A business and industry where I could work and live, immerse myself and learn, help and give to people in a time when they need a trusted advisor. I said to myself, “If I am going to dedicate myself to real estate, there is only one place for me to work” and Remax became my permanent home. I believe I am one of the most genuine, hardworking agents in Los Angeles and love showing the people I am working for how valuable I am and how much I am always looking out for their best interests. With my knowledge in sales, ability to negotiate, along with my background in finance/marketing I would love and appreciate the opportunity to allow me to represent you in the buying or selling of your home.

FamilyPhotoMatt

Main

Sunday, February 17th, 2013

 

 VALENCIA REALTOR FEATURED LISTING VIDEOS

Beautiful Single Story POOL Home In Santa Clarita

PRICED AT $499,000
This Beautiful 3 Bedroom, 2 Bathroom Santa Clarita POOL Home Is Located Off Bouquet Canyon Road In A Quiet, Quaint Community Of Saugus. No Mello Roos/No HOA Dues!! This Home Has Upgraded Flooring, Central Air And Heat, Copper Repipe, Newer Carpet, Newer Roof (2009) And Upgraded Windows Throughout. The Back Yard Features A Newly Replastered LARGE POOL And A Tranquill Garden That Has Been All Set Up With A Custom Drip System To Help Maintain Your Flowers/Plants. It Is Walking Distance To Both Rosedell Elementary As Well As Saugus High School. Driveway is big enough for RV Parking And Room For Other Cars! The Home Is Within A Close Proximity To Both Central Park And Boquet Canyon Park Which Makes It A Perfect Home For You And Your Family To Enjoy All That Santa Clarita Has To Offer!!!

Beautiful Single Story Home In Valencia’s Northbridge Community

PRICED AT $655,000
Beautiful Single Story Home In Valencia. Located In The Sought After Northbridge Community On A Cul-De-Sac!!! This 3 Bedroom, 2 Bathroom Home Has A Large Optional 4th Bedroom That Is Used As An Office. 3 Car Garage, Spacious Living Area, High Ceilings Throughout (Light And Bright), Professionally Landscaped Front And Back Yard. Two Community Recreation Centers With Pools. Convenient Access Into Valencia’s PASEO System! NO MELLO-ROOS!!!

Amazing Remodeled Valencia Townhome With HUGE Yard!!!

PRICED AT $407,000
This Amazing Home Has Two Full Large Bedrooms, Each With Their Own On-Suite Bathrooms Along With A Bathroom Downstairs For Guests. The Home Has Been Remodeled And Looks Stunning Inside. The Newly Laid Carpet Along With The Freshly Painted Walls Makes This Home Stand Out Among The Best! New Water Heater Was Just Installed As Well. The Backyard And Patio Are By Far One Of The Largest Of Any Townhome/Condo In Valencia!!! A Yard For The Kids, Patio For Entertaining, And A Side Entrance Gate In The Backyard To Access The Entry To The Paseo Trail With A Private Locked Gate With Keyed Entry. The Two Car Garage With Entry Into The Kitchen Is A Huge Convenience. Come See What Makes This Home So Special!!!

Beautiful Bridgeport LAKE VIEW Home

PRICED AT $789,000
This 4 Bedroom, 4 Bathroom beautiful home in Bridgeport is one of the largest in the Neighborhood. It’s expansive views of the lake can be enjoyed from the front yard, living room area and out the Master Suite’s private balcony with sitting area. The new floors that were just installed throughout the home really make this home a Stunning place to call HOME. The side patio has had a custom hardscape patio installed with it’s own private areas to plant a garden. This home is located a very short walk from the recreation center which includes a boatdock, pool, spa, bbq’s!!!

Beautiful Valencia Remodel

PRICED AT $625,000
PERFECTLY Remodeled Santa Clarita POOL Home In A Beautiful, Quiet Neighborhood. HUGE LOT, HUGE YARD & A HILLTOP LOOKOUT!! This Home Is Perfect For Any Family Looking To Move Into A Modern/Contemporary Home With Spanish Charm. *NO MELLO-ROOS or HOA. Newly Repainted Inside and Out. New Kitchen With Stainless Steel Appliances And Carrera Quartz Counters. New Flooring Downstairs, New High Quality Carpeting Upstairs. ALL NEW WINDOWS!! New Oil Rubbed Bronze Hardware Throuhgout. All New Recessed Lighting Installed, New Doors, Along With All New Fans And Lighting Fixtures. All Electrical Outlets Have Been Changed Out To New Outlets And Plates. All Plumbing Fixtures/Valves Have Been Replaced To Brand New So That You Don’t Have To Worry About Plumbing Issues! New Shower Doors And Tile Work In All Bathrooms. The Yard Has New Sod And Sprinkler Valves Installed. New BBQ Installed. Pool Has Been Fully Replastered To Perfection And New Pool Heater Has Been Installed To Ensure Your Pool Partys Leave You And Your Guests Completely Satisfied!! All Pool Equipment Has Been Fully Serviced And Updated. Don’t Forget To Check Out The Path Behind The Pool Leading Up To The “Hilltop Lookout” That Has Breathtaking Views From Any Time Of The Day. Call Me Today At 818-859-0892 To See This Amazing Home!

Beautiful Northpark Valencia Home

PRICED AT $579,900
Valencia Northpark Masterpiece. This 4 Bedroom, 3 Bathroom Home Is Like No Other In The Neighborhood. With Custom Upgrades Throughout Along With One Of The Largest Backyards In The Community, This Home Stands Out Like No Other! Granite Counters In The Kitchen, Stainless Steel Appliances, Luxurious Travertine On The Bathroom Counters, Travertine Bathroom Flooring, Walls Newly Painted, Gigantic Timber Pergola In The Backyard To Impress And WOW The Guests! This 1,849 Square Foot Home Has A Downstairs Office/Bedroom With Custom Cabinetry And Recessed Lighting. The 8 Foot Custom Marvin French Doors On The Side Of The Home And Leading Out To The Lush Green Backyard Top It All Off For Custom Upgrades. Call Us Today For A Private Showing 661-375-7675

Santa Clarita Palace On The Hill

PRICED AT $800,000
This Santa Clarita 4 Bedroom Home With A Loft, has over 2,772 Square Feet and is One Of The Most Unique Homes In All Of Los Angeles. Additional 1,200 Square Feet Of Living Space Added As A 5 Car Garage With A Lift. Upstairs View Deck (1,200 SqFt). Lot Size Is A Large 10,000 SqFt. 2 Upstair Baths Along With One Downstairs. Pool, Jacuzzi, Built In BBQ, Pizza Oven… PANORAMIC VIEWS… This Home Has It All!!!

9323 Hierba Road, Agua Dulce, CA

PRICED AT $765,000
Private Ranch Style Home In Agua Dulce On Over 2.5 Fully Usable Acres. A Beautifully Decorated Entrance Welcomes You Inside. There is Brick And Custom Painted Concrete That Surrounds The Entrance, Dining Room, Sitting Room And Kitchen. The Wood Beams Add Great Detail Throughout The Home. A True Chef’s Kitchen With Stainless Steel Appliances, Kitchen Island, Granite Counters And A Country Style Sink That Looks Out Into The Backyard. The Master Bedroom Has Its Own Private Living Quarters With A Fireplace That Is Perfect For Relaxing Before Going To Bed. The Master Bath Has A Sunken Tub, Separate Shower As Well As A Beautiful Stained Glass Window. There Are 4 Other Large Bedrooms With 3 Total Bathrooms. Outside, There Is Plenty Of Room For All Of Your Outdoor Toys. Also Included Is An Outdoor Basketball Court, Playground And Plenty Of Additional Space To Build To Your Needs. Located Just A Few Miles Away From Agua Dulce Winery. It Is A Great Location For You And Your Family.

21841 Parvin Drive, Santa Clarita, CA

PRICED AT $1,199,999
This Beautiful 3,000 Square Foot 4 Bedroom / 3 Bathroom Ranch Home Speaks For Itself On Over An Acre Of Land In A Gated Community In Santa Clarita. It Also Includes An Office With Its Own Separate Entry On The Side Of The Home. So Many Upgrades To List. POOL / SPA / FULL SIZE YARD / PRIVATE. This Home Is 30 Minutes From All Major Studios In Los Angeles.

9646 Amigo Avenue, Northridge, CA

PRICED AT $425,000
Come Visit This Amazing 4 Bedroom 3 Bathroom Townhome In Beautiful Northridge Gardens. This Town Home Is Over 1,728 SqFt And Includes It’s Own Personal Movie Theatre Room. It Has A Large Spacious Outdoor Patio In the Back As Well As A Two Car Attached Garage.

150 Nightingale Drive, Aliso Viejo, CA

PRICED AT $443,000
TURN – KEY Immaculate Condition 2 Bedroom, 2.5 Bath Townhome (INCLUDING A LOFT!!!) in Prestigious Seacliff Court. Right next to Irvine and Laguna in Orange County. Beautiful quiet unit with Patio. Bright and Relaxing inside with windows throughout. Two Car attached Garage with lots of storage cabinets. Indoor Full Size Laundry. Beautiful Kitchen with recessed lighting and open to the rest of the living space. Tile Floors with Plush New Carpet throughout. Fireplace in living room. Roomy Master Bedroom and Bath w/Dual Sinks. Walk in closet. Association Pool, Spa and Playground. Close to the 405 and 73 Freeways. Great Location in the Complex. Must see to appreciate.

24129 Tango Drive, Valencia, CA

PRICED AT $450,000
Nicely kept 4 bedroom 2.5 bath home. Open floor plan with vaulted ceilings and arch ways throughout. Large Private backyard and a beautiful sitting area the front yard. Lots of amenities including a lake to take walks around, swimming pools, basketball courts, and a beach volleyball court.

26117 Shadow Rock Lane, Valencia, CA

PRICED AT $985,000
Gorgeous Westridge Model Home With $$$ In Upgrades. This Amazing Home Has 5 Large Bedrooms, 4.5 Bathrooms, Hardwood Flooring, Crown Molding, Built In Entertainment Center. Custom Darkwood Wainscoting, Designer Carpeting, Plantation Shutters. Stainless Steel Appliances, Granite Countertops, Maple Cabinets In Kitchen. Entertainer’s Dream. Huge Pool Size Yard w/Stainless Steel BBQ, Basketball Court Area. Custom Landscaping. Incredible Price For This Model Home!!!

Come live in one of these beautiful Valencia Homes For Sale in Santa Clarita which is in Southern California county of Los Angeles.  Out of the Homes For Sale, These are one of the best Listed Listings in all of the surrounding citys of Stevenson Ranch, Valencia, Saugus, Newhall, Castaic, and West Hills.  There are New Schools, Parks, and Paseo Systems in the area.  IMMACULATE Valencia Home Perfect For Entertaining!!! Gorgeous Curb Appeal, Upgraded Kitchen Cabinets, Upstairs Master Suite Is On Its Own Side Of The Home Along With An Amazing Master Bathroom That Must Be Seen In Person To Truly Appreciate. This Valencia Newly Listed Home. These large Homes are Nestled Up Against A Large Hill, Which Means For Complete Privacy In Its Serene Back Yard. As You Walk Out Into The Back yard There Is An Incredible Entertainment Area Immediately When You Step Outside. It Continues To Impress With built In Barbecues, Enjoy The Clean Starry Sky Valencia Nights, As Well As A Large Conrete Patios And Grass Areas With Shrubbery, Trees And Plants Surrounding The Area. There Are Also Miles Of Paseo Pathways That Coil Throughout Valencia Which Allow For Endless Amounts Of Locations To Travel To By Walking/Running/Biking Without Ever Crossing A Street! This Perfection Must Be Seen To Appreciate!

Beautiful Bridgeport Lake

OTHER FEATURED LISTINGS  FROM OUR VALENCIA REALTOR

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SOLD LISTINGS

28837 Iron Village Drive, Valencia, CA

Bridgeport Lake Community – “THE COVE”

This Bridgeport home for sale is one of a kind here in Valencia California. The Home is On a Lake in Santa Clarita. One of the most Beautiful Listed Homes on the Market.

Bridgeport Lake Community – “THE LANDING”

This Bridgeport home for sale is one of a kind here in Valencia California.  The Home is On a Lake in Santa Clarita.  One of the most Beautiful Listed Homes on the Market.

Burbank Collection Condo