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How Short Sale can impact your Credit?

by Leila Mortaz | May 22, 2013 | Home Buyer Tips, Home Seller Tips, REOs, Short Sale Expert Advice, Short Sales

One of the options available to Home Owner who want to Avoid Foreclosure is a  Short Sale.  We briefly cove the other 3 options before examining the impact of the Short Sale on the sellers credit score.   1) Loan Modification:  Loan modification is an option that some...

Gilroy Foreclosure Data might provide great purchase opportunity

by Leila Mortaz | May 20, 2013 | Home Seller Tips, REOs, Short Sales

According to Foreclosure Radar which tracks the Foreclosure activity in Gilroy increased a whopping 100% for Notice of Default filings and Notice of Sales increasing by a %15!  This means that the in the coming months there should be additional inventory of...

Sad Sight for Sore Eyes in Los Gatos Real Estate!

by Leila Mortaz | May 20, 2013 | Home Seller Tips

We had plenty of good reasons to move to Los Gatos in 1994, but it was not until 2012 that we discovered this hole-in-the-wall Burger Joint called Happy Hound!!  Happy Hound is located at Los Gatos Blvd, next to the CitiBank main branch where we have banked for more...

Why banks need Realtor’s help with Short Sales!?

by Leila Mortaz | May 20, 2013 | Home Buyer Tips, Home Seller Tips, Short Sale Expert Advice, Short Sales

The relationship between homeowners and banks become dysfunctional when majority of the so called fake Loan Modifications where the lenders and servicing companies had little interest in helping consumer with Principal reductions.  In fact, a whopping 95% of the loans...

Saratoga Foreclosures in 2013 – Is your Saratoga home value still declining?

by Leila Mortaz | May 17, 2013 | Home Buyer Tips, Home Seller Tips, REOs, Short Sale Expert Advice, Short Sales

California is one of the State where the bank do NOT need to take the home owners to court to re-posses their home. This is also called a non-judicial foreclosure.  So, if you have NOT made any payments on your property for the past 2 years and you are wondering how...

Top 8 factors to examine before you hire a Short Sale Agent!

by Leila Mortaz | May 17, 2013 | Home Seller Tips, Short Sale Expert Advice, Short Sales

With 1 out of every 4 home still under water, Short Sales remain a viable option for San Jose Home Owners to Avoid Foreclosure.   Factors to consider about the qualification of your Short Sale Agent or Short Sale Negotiator should  include the following:1)  Check...
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