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How to negotiate with Contractors on your Fixer Upper remodels!

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...

Are you paying too much property tax in California!?

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...

Top 5 strategies to consider when buying REOs!

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...

Top 6 Questions you should ask before buying a San Jose condo!

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...

Insane Bank Practices: What your Lender and Congressman have in common!

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...

Insane Bank Practices: Crazy Appraisal Values on San Jose Short Sales!

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...
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"Great Team, Very easy to work with. Leili and David helped me purchase an REO and made the process a pleasure. I would highly recommend this team if you want to buy a foreclosure. Thank you so much!!"

-Leo on his REO Purchase, Los Gatos

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