by Leila Mortaz | May 16, 2013 | Home Buyer Tips, REOs, Short Sales
Distressed properties still represent the greatest opportunity to create cash flow properties for most investors. However, knowing the trends in Foreclosures should help most investor identify the best markets to target for acquisition. For instance, foreclosure...
by Leila Mortaz | May 14, 2013 | Home Buyer Tips, Short Sale Expert Advice, Short Sales
Buying a Short Sale home is NOT for the faint of heart cause there are too many moving parts including a lender who could be trying to foreclosure on the property and a stressed seller who might NOT be sharing all of their plans with their listing agent.So, if you...
by Leila Mortaz | May 12, 2013 | Home Buyer Tips, Los Gatos Fixer Upper, Short Sales
Bankers and Wall Street heavy weights were the only one’s who survived the latest recessions. So, why not search for your own bail out in the form of an FHA 203K loan. These programs have been on the books for a long long time, but they are becoming more...
by Leila Mortaz | May 10, 2013 | Home Buyer Tips, Home Seller Tips, Short Sale Expert Advice, Short Sales
We recently got a Wells Fargo Short Sale approval within 12 days after the appraisal was sent to the property! Considering that one our Short Sales that closed in 2012 took more than 486 days, this is an amazing records.What we believe this Short...
by Leila Mortaz | May 9, 2013 | Home Buyer Tips, Short Sale Expert Advice, Short Sales
After a recent cancellation of an offer on our San Jose Short Sale Listing; the owners of the property started asking us about why the buyers would cancel a offer on a property where they were competing bids! Here are some of the reasons our own buyers have told us...
by Leila Mortaz | May 9, 2013 | Home Buyer Tips, Home Seller Tips, Short Sale Expert Advice, Short Sales
Just like any profession, some Short Sale Negotiators are reputable and qualified to negotiate and facilitate Short Sales whereas others are not. And home owners have little tools to identify the qualified one’s from posers.Scammers solicit homeowners and...