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Insane Bank Practices: Contacting a Short Sale owner 3 months after the sale!

by Leila Mortaz | Aug 30, 2013 | Home Buyer Tips, Home Seller Tips, Los Gatos Fixer Upper, REOs

I got a call today from the owner of a San Jose Short Sale that we had sold more than 3 months ago!   Delighted the conversation turned to some paper work about the trustee transfer that her lender had sent her!    She wanted to know what she was supposed to do with...

How to eliminate most of the risk when buying a Short Sale!

by Leila Mortaz | Aug 30, 2013 | Home Buyer Tips, Home Seller Tips, Short Sale Expert Advice, Short Sales

If you are a 1st time home buyer and you are in love with a San Jose Short Sale home, then read on. Understanding what could go wrong in a Short Sale purchase will help you develop a much better strategy in identifying the right homes to focus on. With that in mind,...

Use the holiday weekend to get ride of clutter before you list your home!

by Leila Mortaz | Aug 30, 2013 | Home Seller Tips

Leaving a powerful 1st impression when buyers see your property is critical.   Good 1st impressions go a long way to help buyer ignore minor imperfections that they will spot later on during inspection or walk-through.So, why not use the long Labor Day weekend to...

What is the difference between a Short Sale and a Foreclosure!?

by Leila Mortaz | Aug 30, 2013 | Home Seller Tips, Short Sales

Short Sales and Foreclosures are two choices you have when it comes to dealing with your underwater mortgage.  However, one option has much less negative impact on your credit that the other.   In fact, Short Sale are one of the simpliest options to Avoid...

Why banks are offering cash incentives for San Jose Short Sales?!

by Leila Mortaz | Aug 29, 2013 | Home Seller Tips, Short Sale Expert Advice, Short Sales

Despite the rising home prices, 25% of mortgages are still under water with homeowners requiring Principal Reduction or Mortgage Modifications that is not coming anytime soon.    In fact, most homeowners have give up on getting help from their lenders to keep their...

Winning at Foreclosure Auction does not mean immediate possession!

by Leila Mortaz | Aug 29, 2013 | Home Buyer Tips, Home Seller Tips, REOs

Buying homes at the court house auctions appeal to a lot of cash investors since they are buying properties at a discount in some markets.   But just like anything other risky ventures, the gain in price point for your property purchase could come with some serious...
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