by Leila Mortaz | Jul 29, 2013 | Home Buyer Tips, Home Seller Tips, Property Management
On Thursday of last week, I met Jimmy Vu of Bank of America for coffee. According to Jimmy, the recent rise in interest rates has certainly cooled of the number refinance that his office was handling. But what about the real estate sales!? When will the full...
by Leila Mortaz | Jul 29, 2013 | Home Seller Tips
We are meeting more and more Los Gatos home owners who are horrified of the idea of selling their home since the sale is subject to about 30% Capital Gains Tax! But there is home in the form of Deferred Sales Trust. The process starts with initial due diligence to...
by Leila Mortaz | Jul 28, 2013 | Home Seller Tips, Short Sale Expert Advice, Short Sales
Finding a San Jose Fixer Upper these days is tougher than finding an honest Used Car Dealer! And the recent price increases have also made it harder to find bargains in San Jose. Blow are the Top 4 sources of finding San Jose Fixer Upper that we use for our clients:...
by Leila Mortaz | Jul 28, 2013 | Home Buyer Tips, Home Seller Tips, Short Sale Expert Advice, Short Sales
Short Sale of your home is one of the options available to Avoid Foreclosure for home owner who owe more on their mortgage than their home mortgage. But the impact on credit is much less severe than a Foreclosure for sure. In fact, since some banks are reporting the...
by Leila Mortaz | Jul 28, 2013 | Home Seller Tips
When I talked to one our neihbors Gil he told me that one Realtor had told him that he would owe about $160,000 in taxes when he sold his Los Gatos house. He is not alone since some Los Gatos home owners who have huge appreciation trapped in their home are reluctant...
by Leila Mortaz | Jul 27, 2013 | Home Seller Tips
Wells Fargo has finally decided to join the ranks of lender such as Bank of America, Chase and others who are offering $20-$30,000 of relocation incentive on Short Sale. So if you have a Wells Fargo, Wachovia, or World Savings Loan on your San Jose home, then you...