by Leila Mortaz | Jul 8, 2013 | Home Buyer Tips, Home Seller Tips
We wanted to explore what sold for $1M in Milpitas during June 2013. The answer was only 6 properties and none of the properties sold in June cracked the $1M mark. We have written monthly posts on impact of Foreclosure Activity in Milpitas and consider this city a...
by Leila Mortaz | Jul 7, 2013 | Home Buyer Tips, Home Seller Tips
Majority of Homes sold last month in cities like Palo Alto, Los Altos and Los Altos Hill were sold for over $1.25 Million dollars. So, it’s quire possible that the sellers of these homes would have receive $500,000 or more at the close of escrow. What can they...
by Leila Mortaz | Jul 6, 2013 | Home Buyer Tips, Home Seller Tips, Short Sale Expert Advice, Short Sales
Consumer Finance Protection Bureau (CFPB) was the agency established in 2010 as part of the Financial Reform law enacted to after the Banking collapse of 2008 to offer consumers some help from the abusive practices of lenders and loan servicing companies. CFPB...
by Leila Mortaz | Jul 6, 2013 | Home Buyer Tips, Home Seller Tips, Short Sale Expert Advice, Short Sales
Despite the recent recovery in Housing prices, one of out of every 4 home is still under water. And Short Sales remains a viable option for San Jose Home Owners to Avoid Foreclosure. Factors to consider about the qualification of San Jose Short Sale Agent or San...
by Leila Mortaz | Jul 5, 2013 | Home Buyer Tips, Home Seller Tips, Short Sale Expert Advice, Short Sales
With one out of 4 home owners still underwater with their mortgage, Short Sales are one option to avoid foreclosure. However, the banks are weary about Arms length transaction where the buyers have a relationship with the seller and are in position to take advantage...
by Leila Mortaz | Jul 5, 2013 | Home Buyer Tips, Home Seller Tips
Last week we posted an article that the Federal Reserve Bank’s action to stop their $85 billion dollars bond purchasing program could slow down the Real Estate bubble in Silicon Valley! And it did not take that long for theevidence to show up this week where...
