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How to rob a US Bank (legally) with REO deals?

by Leila Mortaz | May 8, 2013 | Home Buyer Tips, REOs, Short Sale Expert Advice, Short Sales

Buyers and investors want to pay the least amount of money while the banks want to Maximum Net on their Bank-Owned (REO) properties in USA.  So, how can you develop a winning strategy for your buyers with REO Listings!?Here are some recommendation for REO buyers that...

How to get a $30,000 price reduction when buying REOs!!

by Leila Mortaz | May 8, 2013 | Home Buyer Tips, REOs

REOs are bank owned properties that don’t sell at Auction and banks have to take them over.   Once they are listed for sale to public using a local Realtors, the games begin where the banks and investors are on a collision course since each...

Why would anyone use a Part Time Realtor in this market!?

by Leila Mortaz | May 7, 2013 | Home Buyer Tips, REOs

 Would you trust a Part Time Dentist to fix your teeth who had another job on the side!?  Would you feel comfortable making such a decision?!   Then why would you trust the largest and the most significant financial transaction of your life you a Part Time Real...

Insane Bank Practices on Short Sales! Part 1

by Leila Mortaz | May 6, 2013 | Home Buyer Tips, Home Seller Tips, Short Sale Expert Advice, Short Sales

Is your bank driving you crazy too!??  You can’t figure out why you can’t find anyone sane during you conversation about Short Sale?!   Well, you are NOT alone.During our recent  Short Sale Process on a San Jose home w 2 loans, we were pulling our hair out...

What is the Short Sale Process for Buyers!?

by Leila Mortaz | May 3, 2013 | Home Buyer Tips, Home Seller Tips, REOs, Short Sale Expert Advice, Short Sales

 Buying a Short Sale property is different than a regular home purchase since the owners of the property can NOT determine the sale price of the home.  In simplest terms there are more than 2 principals involved in a Short Sale transaction and the folks in the food...

What is an illegal Short Sale flip!?

by Leila Mortaz | May 3, 2013 | Home Buyer Tips, Short Sale Expert Advice

With FULL disclosure by the buyer of their intent to resell a Short Sale property, there is no fraud and it’s NOT illegal to flip a Short Sale property.  However, the fraud cases arise from non-disclosure of the BC transaction where the principals of the...
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