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How much can I get from my Bank on a Short Sale!

by Leila Mortaz | Jul 19, 2013 | Home Seller Tips, Short Sale Expert Advice, Short Sales

Top 4 Major US Lenders are now offering anywhere between $10-$35,000 as relocation incentive if the home owners agree to a Short Sale!!  In the past we have been critical of banks with their insane moves, but given the fact that some San Jose home owners have been...

How much tax will you pay if you net $1M from your Los Gatos property sale!

by Leila Mortaz | Jul 19, 2013 | Home Buyer Tips, Home Seller Tips

The Long Term Capital Gains increased in 2013 to 20% for Federal Taxes and 9.3% for California making your total tax liability as high as 25%!!   Also, if you Adjusted Gross Income is above $200,000 you will be nailed by the State of California’s tax on...

What is your plan B when selling your Los Gatos house!?

by Leila Mortaz | Jul 18, 2013 | Home Buyer Tips, Home Seller Tips

Selling your Los Gatos house should include a detail marketing plan which includes property preparation, inspections (if any), market data on pricing, recent sales, foreclosure activity, rental survey in addition to the agent’s experience in the local market.  ...

How to get top dollars for your Los Gatos home!?

by Leila Mortaz | Jul 18, 2013 | Home Seller Tips

If you need to sell your Los Gatos home in a hurry, you will need a clear and well-defined strategy to market the house to cash buyer and investors.   And this strategy starts with finding a Real Estate agent who has a lot of cash buyers since cash buyers are the only...

Los Gatos Short Sale vs Foreclosure?! What is the difference?

by Leila Mortaz | Jul 18, 2013 | Home Buyer Tips, Home Seller Tips, Short Sale Expert Advice, Short Sales

Despite the healty uptick in home prices, one of out of 4 Home loans are underwater where the home’s value is less than the value of the mortgage!    And with unemployment still at record levels, it’s no wonder that some folks are struggling to make their...

How to avoid paying $323,400 in Capital Gains Tax on your Los Gatos property sale!

by Leila Mortaz | Jul 18, 2013 | Home Seller Tips

Your Capital Gains is calculated by subtracting what you paid for your Los Gatos  Home or Building  from the Net Sales price.  The rate for Long Term Capital Gains if you held your home for 1 year or longer is 20% for Federal Taxes and 9.3% for California making your...
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