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How Redwood City Foreclosures are affecting your Home Value!

by Leila Mortaz | May 25, 2013 | Home Seller Tips, REOs, Short Sales

Redwood City is home to Oracle Corporation which is one of the largest High Tech employers in Northern California.  Foreclosure activity in Redwood City for Notice of Default filings increased by 60% while Note of  Sales increased by 55%  compared to April 2012.  This...

Fremont foreclosures trends in May 2013

by Leila Mortaz | May 24, 2013 | Home Seller Tips, REOs, Short Sales

Notice of Default filings increased by 28% in April 2013 compared to the same period last year.  But Notice of Sales dropped by 30%. This means that the in the coming months there should be additional inventory of Foreclosures coming to Fremont.  But as our...

Santa Cruz Foreclosures data analysis for March 2013

by Leila Mortaz | May 24, 2013 | Home Seller Tips, REOs, Short Sale Expert Advice, Short Sales

Santa Cruz is a beautiful beach town in Northern California and home to UC Santa Cruz campus which offers a great opportunity for Student Rentals.   Foreclosure activityin Santa Cruz  for Notice of Default filings declined by 46% while Note of  Sales declined by 57%...

How San Francisco foreclosures could affect your home value in 2013?

by Leila Mortaz | May 23, 2013 | Home Seller Tips, REOs, Short Sales

According to Foreclosure Radar;  Foreclosure activity in San Francisco  declined for Notice of Default filings by 85% while Note of  Sales declined by 74% for the same period compared to April 2012. This means that the in the coming months there should...

What are the 401(k) hardship withdrawals rules?

by Leila Mortaz | May 23, 2013 | Deferred Sales Trust, Home Buyer Tips, Home Seller Tips, Real Estate (Residential)

Many 401(k) plans allow employees to make a hardship withdrawal because of immediate and heavy financial needs. Generally, hardship withdrawal and distribution are limited to the amount of the employee’s contribution and do not include any income earned on the...

What happens if your let home go to Foreclosure!?

by Leila Mortaz | May 22, 2013 | Home Seller Tips

If a home goes through a complete foreclosure, the mortgage lender usually auctions the property at a foreclosure sale or some times known as Trustee Sale Auction.  Proceeds of this sale is applied to the loan secured by this Real Estate.  With the exception of our...
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