KHTS Radio Santa Clarita Radio – Santa Clarita News
Ed. Note: The following is a KHTS Feature story based on a recent radio interview with Richard Szerman of Realty One Group Solutions
Some people may think foreclosures are a thing of the past in the Santa Clarita Valley, but that simply isn’t the case, according to Santa Clarita realtor Richard Szerman of Realty One Group Solutions.
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In recent years, Szerman has helped saved more than 1,000 homes from foreclosure in and around the SCV– and at no cost to the homeowner.
Richard Szerman
“Foreclosures hurt everybody, and we’re still having plenty of them here in the Santa Clarita Valley,” he said. “The myth that the great recession is over is just that: a myth.”
On average, 60 to 70 homes are still lost to foreclosure in Santa Clarita every month, according to Szerman, creating a great need for programs like the Free Loan Modification Program at Realty One Group Solutions.
Related: Santa Clarita Realtor Offering Grants To Renters To Help Get Them Into Houses
Through the program, Szerman partners with homeowners facing foreclosure and presents a case to their bank in an effort to modify interest rates so the home can be saved.
“Basically it comes down to this,” he explained. “If a bank is looking at foreclosing on a house, even if they have to drop your interest rate to 2 percent from the 6 or 7 percent it was at to prevent that foreclosure, 2 percent of something is still better than 100 percent of nothing.”
Homeowners who attempt to convince the banks on their own typically only have a 6 percent chance of success, according to Szerman. However, Realty One Group Solutions currently has an 80 percent success rate.
“Our success rates are extremely good,” Szerman said. “We’re just tenacious and we’re good at it and we’ve done a lot of it.”
“I want to reiterate we do this completely free of charge– no one pays us,” he added. “Our clients certainly don’t, the banks certainly don’t. We are not a government agency, we just do what needs to be done.”
KHTS Feature Story
Santa Clarita realtor Richard Szerman, of Realty One Group Solutions, has 24 years of experience as a realtor. After “quietly” conducting public outreach and pro bono work as a realtor in Santa Clarita for the last few years, Szerman is now raising awareness about the opportunities available to the community through Realty One Group Solutions. Programs like Rental Rebate, Free Loan Modification and Resale Renovation are designed to help make it easier to buy a house, sell a house and even save a house from foreclosure.
25129 The Old Road, Suite #100
Santa Clarita, CA 91381
Cell: 661-714-1400
Office: 661-253-3000
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