by Leila Mortaz | May 23, 2013 | Deferred Sales Trust, Home Buyer Tips, Home Seller Tips, Real Estate (Residential)
Many 401(k) plans allow employees to make a hardship withdrawal because of immediate and heavy financial needs. Generally, hardship withdrawal and distribution are limited to the amount of the employee’s contribution and do not include any income earned on the...
by Leila Mortaz | May 22, 2013 | Home Buyer Tips, Home Seller Tips, REOs, Short Sale Expert Advice, Short Sales
One of the options available to Home Owner who want to Avoid Foreclosure is a Short Sale. We briefly cove the other 3 options before examining the impact of the Short Sale on the sellers credit score. 1) Loan Modification: Loan modification is an option that some...
by Leila Mortaz | May 21, 2013 | Home Buyer Tips, REOs, Short Sales
According to Foreclosure Radar which tracks the Foreclosure activity in San Martin increased 100% for Notice of Default filings but the Notice of Sales dropped by 100%! This means that the in the coming months there should be additional inventory of Foreclosures...
by Leila Mortaz | May 21, 2013 | Home Buyer Tips, Los Gatos Fixer Upper, Short Sale Expert Advice, Short Sales
Foreclosure properties still represent a viable opportunity for average investors to purchase real estate at a discount. However, as we all know Real Estate is extremely local and like the weather in Northern California we do have very different conditions in each...
by Leila Mortaz | May 20, 2013 | Home Buyer Tips, Home Seller Tips, Short Sale Expert Advice, Short Sales
The relationship between homeowners and banks become dysfunctional when majority of the so called fake Loan Modifications where the lenders and servicing companies had little interest in helping consumer with Principal reductions. In fact, a whopping 95% of the loans...
by Leila Mortaz | May 18, 2013 | Home Buyer Tips, REOs
Bank Owned (REO) properties are the assets that banks are unable to sell for cash at the Foreclosure Auction which causes them to take possession and secure them for marketing them to retail buyers. For starters you are NOT negotiating with the bank directly and...
