by David 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...
by David 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...
by David 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...
by David 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...
by David 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...
by David Mortaz | May 2, 2013 | Home Buyer Tips
The assets seized by IRS from delinquent tax payers are auctions routinely and you can purchase them directly from IRS. IRS Real Estate Auction shows each of these Assets with legal description and Legal Notices associated with each property. However, buying...