by Leila Mortaz | Jul 27, 2013 | Home Buyer Tips, Home Seller Tips
According to the Federal Reserve Bank of New York roughly 13 percent of students owe more than $50,000, and nearly 4 percent owe more than $100,000 in student loan debt. The alarming fact is that majority of these loans are beyond the student’s ability to repay...
by Leila Mortaz | Jul 26, 2013 | Home Seller Tips, REOs
In previous posts we explored the difference between REOs and Short Sales to help our investors develop an effective strategy for distress property acquisition. And no such strategy would be complete without a closer look at Foreclosure Auctions. In this post, we...
by Leila Mortaz | Jul 26, 2013 | Home Buyer Tips, Home Seller Tips, Short Sale Expert Advice, Short Sales
If you had a choice between buying an REO or a Short Sale, which one makes more sense!? Let’s examine the difference between the 2 Sale Types to help you decide:1) Time Factor: Short Sale are time bombs since the mere fact that the property is being sold as a...
by Leila Mortaz | Jul 26, 2013 | Home Buyer Tips, Home Seller Tips, Short Sale Expert Advice, Short Sales
Sure both REOs and Short Sales represent opportunities to purchase a property at a discount, but there are fundamental differences between Short and REOs. Lets explore the main difference between the Short Sales and REOs:1) Ownership: Fundamental difference...
by Leila Mortaz | Jul 25, 2013 | Home Seller Tips
I just got off the phone with Ron, a friend of mine, and in a way that only Ron can do, he asked me, “So, Leonetti (he never uses my first name!), let me get this straight. You mean to tell me that all folks have to do is fill out a form, send it in, and you’ll send...
by Leila Mortaz | Jul 25, 2013 | Home Buyer Tips, Home Seller Tips, Property Management
Home inspections are a great option to consider if you are selling your home in a hurry and are looking for a cash buyers. hat can facilitate the marketing of a property. However, in California Home buyers have the right to order their own inspections and are...