by Leila Mortaz | Jun 21, 2013 | Home Buyer Tips, Home Seller Tips, Short Sale Expert Advice, Short Sales
A Short Sale refer to a case where a homeowner owes more on his mortgage than his home’s Fair Market Value. In this case when this home is listed and sold, the proceeds of the Sale will NOT generate enough funds to clear all the liens or mortgages against the...
by Leila Mortaz | Jun 21, 2013 | Home Seller Tips, Los Gatos Fixer Upper, REOs
REOs are bank owned properties that don’t sell at Auction and banks have to take them over. Once they are listed for sale to public using a local Realtors, the games begin where the banks and investors are on a collision course since each...
by Leila Mortaz | Jun 21, 2013 | Home Buyer Tips, Home Seller Tips
The hyper competitive Housing Market in Los Gatos has convinced some of the Home Owners to consider taking some profits off the table by marketing their home into this hot market. But how can you Find Your Los Gatos Home’s Value in today’s market? One...
by Leila Mortaz | Jun 20, 2013 | Home Seller Tips, REOs, Short Sale Expert Advice, Short Sales
Short Sale of your home is one of the options for home owners to avoid foreclosure. In this blog we will examine the 10 documents that will be required to get your Short Sale Negotiations started.1) Hardship Letter: Hardship is the letter that states your reasons as...
by Leila Mortaz | Jun 20, 2013 | Home Buyer Tips, Home Seller Tips
Several years ago when I was working for HP, my manager was really promoting Home Offices to reduce our Sales Districts office costs which were eating a big hole in his P&L budget. At that time our HP Sales office was located in Mountain View in the heart of...
by Leila Mortaz | Jun 20, 2013 | Home Seller Tips, Short Sale Expert Advice, Short Sales
Most home owners who attempted a loan modification with their lender, have become convinced that banks have insane practices. But are the banks now offering Relocation The answer to this question is resounding YES!! But why the bank are willing to part with...
