by Leila Mortaz | Jul 23, 2013 | Home Seller Tips, Los Gatos Rentals, Property Management, Tenant Screening
Hiring the right Property Manager is like finding a partner for a long and treacherous journey. The right Property Manager will be instrumental in your in the success or failure of your Los Gatos property. Here are some of our best recommendations for finding a...
by Leila Mortaz | Jul 23, 2013 | Home Seller Tips, Short Sales
Do you have a Bank of American loan on your home? Is the loan in the 1st lien position? One of the requirements for a Bank of America Short Sale is a HAFA Affidavit which is signed by both buyers and sellers. This HAFA Affidavit is given by the Seller(s) and...
by Leila Mortaz | Jul 22, 2013 | Home Buyer Tips, Home Seller Tips, Short Sale Expert Advice, Short Sales
Since Short Sales are transactions require lender approval, they want to make certain that there is no family or business association with between the existing home owners and buyer! In fact, if such a relationship is not disclosed to the bank, it’s considered...
by Leila Mortaz | Jul 22, 2013 | Home Buyer Tips, Home Seller Tips, Short Sale Expert Advice, Short Sales
The main distinction between a regular sale and a Short Sale is that home owners will be able to pay off all the loans and commission with the proceeds of the home sale. However, in a Short Sale, the lenders involved would have to approved the sale since they are...
by Leila Mortaz | Jul 22, 2013 | Home Buyer Tips, Home Seller Tips, Short Sale Expert Advice, Short Sales
Bank of America is holds some of the largest inventory of distressed home in US specially after their acquisition of Countywide which was one of the most aggressive sub-prime lenders. To remove these loans from their books, bank of america is now offering generous...
by Leila Mortaz | Jul 22, 2013 | Home Buyer Tips, Home Seller Tips, Short Sale Expert Advice, Short Sales
If you are facing a foreclosure date in 2 weeks and you have exhausted all your options to prevent foreclosure, you last resort might be a quick Short Sale to postpone this foreclosure! However, if the bank has already postponed your foreclosure date several times,...
