by Leila Mortaz | Jun 27, 2013 | Home Buyer Tips, Los Gatos Fixer Upper
During our 1st fixer Upper remodels we stumbled in early 80’s we were smart enough to obtain at least 4 bids. But we were also shocked to note that the bids for a 1400 square feet addition varied by about $70,000 between some bids! So, the natural process...
by Leila Mortaz | Jun 26, 2013 | Home Buyer Tips, Home Seller Tips
Several years ago on a visit to Lake Tahoe, we spotted a clever advertising on a Real Estate magazine. The ad was showing an example of property taxes for California vs a similar property in Nevada. For $1,000,000 Accessed Value in California the property taxes...
by Leila Mortaz | Jun 26, 2013 | Home Buyer Tips, Los Gatos Fixer Upper, REOs
This is Part 1 of the Blog on buying Bank Owned (REO) properties. Despite perception created by some agents US banks are NOT desperate to get ride of their assets and they have well developed processes to NET the highest possible price for their REOs. Before an...
by Leila Mortaz | Jun 25, 2013 | Home Buyer Tips, REOs, Short Sales
Are you in the market for to purchase a home?! Are you debating between buying Condo or a House!? Did you know that condos decline fastest in slow market are last to appreciate in a hot market!? Then you should read on the main distinction between buying a House...
by Leila Mortaz | Jun 25, 2013 | Home Buyer Tips, Home Seller Tips, REOs, Short Sale Expert Advice, Short Sales
Just like the dysfunctional political system in Washington DC creating grid lock; banks are also holding the Real Estate industry hostage! One of the manifestation of this grid lock is the absurd valuations as part of our San Jose Short Sale Negotiations. As you...
by Leila Mortaz | Jun 25, 2013 | Home Buyer Tips, Home Seller Tips, REOs, Short Sale Expert Advice, Short Sales
Banks are holding the Real Estate industry hostage and have been since the market crash. One of the manifestation of how the Tail is Wagging the Dog is absurd valuations as part of our San Jose Short Sale Process. As you are aware, banks use Broker Price...