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Spring surge in home prices continued in Los Gatos for April 2014

by Leila Mortaz | May 18, 2014 | Home Buyer Tips, Home Seller Tips, Los Gatos Fixer Upper, Los Gatos Living, Real Estate (Residential)

Los Gatos home prices continued their surge in April 2014.  Fueled by shortage of inventory the Median Home price of Los Gatos homes jumped 0.6% to $1,471,000 higher compared to April 2013. However, the tell-tell sign of tight inventory was the number of sales in the...

Home sales drop 13% in March compared to March 2013

by Leila Mortaz | May 17, 2014 | Home Buyer Tips, Home Seller Tips, Real Estate (Residential), Residential Mortgage

California home and condo sales were up 20.9% in March 2014 from February but were down 13.3 percent from March 2013.  Both distressed and non-distressed property sales posted gains for the month.  March 2014 distressed property sales gained 7.4 percent from February,...

Contingencies to include in your home purchase contract

by Leila Mortaz | May 16, 2014 | Home Buyer Tips, Real Estate (Residential)

California Association of Realtors has developed legally binding contracts that are used in majority of real estate transactions.  Also known as “CAR Contract” the purchase agreement often contains conditions on inspections, financing, condition,...

Top 6 mortgage protections with Dodd-Frank Wall Street reform act

by Leila Mortaz | May 16, 2014 | Home Buyer Tips, Real Estate (Residential), Residential Mortgage

Dodd-Frank Wall Street reform act created a independent watchdog, housed at the Federal Reserve, with the authority to ensure American consumers get the clear, accurate information they need to shop for mortgages, credit cards, and other financial products, and...

Top 10 home selling mistakes

by Leila Mortaz | May 15, 2014 | For Sale By Owner, Home Buyer Tips, Home Seller Tips, Real Estate (Residential)

HGTV’s FrontDoor.com program has identified the top 10 mistake home sellers make when they are trying to sell their own home.   These are: 10)  Timing:   Most home sellers are under the impression that home buying is seasonal and buyers only shop for home during...

Los Gatos Living: Testarossa Winery is a gem for wine lovers

by Leila Mortaz | May 14, 2014 | Home Buyer Tips, Home Seller Tips, Real Estate (Residential)

Besides the cute downtown shops and restaurants,   Los Gatos also boasts a neat history with the Historic Novitiate.  The old Novitiate Winery was originally built in 1888 by Jesuit priests from Santa Clara College which is now been named Santa Clara University.  The...
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