by Leila Mortaz | Jul 11, 2013 | Home Buyer Tips, Home Seller Tips, Short Sale Expert Advice, Short Sales
A 3rd party authorization is a one page document that authorizes the bank to discuss a Home Owner’s loan details with the person identified in this document. Home Owners typically name their San Jose Short Sale Agent or Broker in this document since they will...
by Leila Mortaz | Jul 10, 2013 | Home Buyer Tips, Home Seller Tips
Recently we tried Zip Realty’s automated Home Valuation service where home owners can enter their property address to find their home’s value. But we found ourselves disappointed. The resulting page after we entered a Los Gatos home address showed 4...
by Leila Mortaz | Jul 10, 2013 | Home Seller Tips, Property Management
There was a time where structuring a company as REIT was reserved for companies whose sole purpose was to raise capital to acquire and manage properties. However, American corporations operating prison, billboards and casinos are declaring tha g that they are not...
by Leila Mortaz | Jul 9, 2013 | Home Buyer Tips, Home Seller Tips, Short Sale Expert Advice, Short Sales
To qualify your San Jose home for a Short Sale and have a Short Sale Process started by your lender; you will need to prove Financial Hardship. But before you start any Short Sale process, you should contact the US Department of Housing and Urban Development (HUD)...
by Leila Mortaz | Jul 9, 2013 | Home Buyer Tips, Home Seller Tips
Since 2010 Fannie Mae has required lenders to re-check borrower’s credit before funding their Home Mortgage loan which could come as a shock to home buyers who might assume that since they signed the loan documents they are home free! If new obligations or...
by Leila Mortaz | Jul 9, 2013 | Home Buyer Tips, Home Seller Tips
With some investors interested in buying in Saratoga, we wanted to know how much home they could afford if they spent $2 million dollars. The sales data for June 2013 shows 16 properties were sold in the range of $1.5 to 2,5 Million dollars. We will also be...
