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What happens to my credit if I do a Short Sale?!

by Leila Mortaz | Jul 6, 2013 | Home Seller Tips, Los Gatos Fixer Upper, Short Sale Expert Advice, Short Sales

We recently sold a Short Sale where the home owners kept asking “what happens to my credit if I do a Short Sale”!?  The short answer (no pun intended) depends on how your lender reports the Loan Settlement to the credit agencies.    And some lenders have...

Top 5 tips to consider before hiring a San Jose Short Sale broker

by Leila Mortaz | Jul 6, 2013 | Home Buyer Tips, Home Seller Tips, Short Sale Expert Advice, Short Sales

Despite the recent recovery in Housing prices, one of out of every 4 home is still under water.  And Short Sales remains a viable option for San Jose Home Owners to Avoid Foreclosure.   Factors to consider about the qualification of San Jose Short Sale Agent or San...

What are illegal Short Sale payments!?

by Leila Mortaz | Jul 5, 2013 | Home Buyer Tips, Home Seller Tips, Short Sale Expert Advice, Short Sales

With one out of 4 home owners still underwater with their mortgage, Short Sales are one option to avoid foreclosure.   However, the banks are weary about Arms length transaction where the buyers have a relationship with the seller and are in position to take advantage...

Mortgage Rate increase cools Silicon Valley Real Estate market in June 2013!

by Leila Mortaz | Jul 5, 2013 | Home Buyer Tips, Home Seller Tips

Last week we posted an article that the Federal Reserve Bank’s action to stop their $85 billion dollars bond purchasing program could slow down the Real Estate bubble in Silicon Valley!  And it did not take that long for theevidence to show up this week where...

What’s in a name!? Why Viking Range should stick to selling Ranges only!

by Leila Mortaz | Jul 5, 2013 | Home Buyer Tips, Home Seller Tips, Los Gatos Fixer Upper, Small Kitchen Remodel

 We were romanced by the idea of using the new class of appliances loosely branded as Prosumer for our Small Kitchen Remodel in Los Gatos.  These class of appliances offer features from Commercial kitchens but packaged to fit smaller spaces typical of Single Family...

What do you get for $3-$5 Million dollars in Palo Alto!?

by Leila Mortaz | Jul 4, 2013 | Home Buyer Tips, Home Seller Tips

 Palo Alto is one of the most well known communities in Silicon Valley with Stanford University and home of Facebook until 2 years ago.  With its’ unique location, Palo Alto offers easy  access to the Venture Community while being close enough to a hip office...
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"Great Team, Very easy to work with. Leili and David helped me purchase an REO and made the process a pleasure. I would highly recommend this team if you want to buy a foreclosure. Thank you so much!!"

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