by Leila Mortaz | May 9, 2013 | Home Buyer Tips, Home Seller Tips, Short Sale Expert Advice, Short Sales
Just like any profession, some Short Sale Negotiators are reputable and qualified to negotiate and facilitate Short Sales whereas others are not. And home owners have little tools to identify the qualified one’s from posers.Scammers solicit homeowners and...
by Leila Mortaz | May 6, 2013 | Home Buyer Tips, Home Seller Tips, Short Sale Expert Advice, Short Sales
Is your bank driving you crazy too!?? You can’t figure out why you can’t find anyone sane during you conversation about Short Sale?! Well, you are NOT alone.During our recent Short Sale Process on a San Jose home w 2 loans, we were pulling our hair out...
by Leila Mortaz | May 4, 2013 | Home Seller Tips, Short Sale Expert Advice
If the balance of your 1st loan is more than $729,750 then you will NOT qualify for a HAFA Short Sale. But if you still have a justifiable Financial Hardship, your Short Sale Agent should be able to file a Short Sale application with your lender. Ironically, there...
by Leila Mortaz | May 3, 2013 | Home Buyer Tips, Home Seller Tips, REOs, Short Sale Expert Advice, Short Sales
Buying a Short Sale property is different than a regular home purchase since the owners of the property can NOT determine the sale price of the home. In simplest terms there are more than 2 principals involved in a Short Sale transaction and the folks in the food...
by Leila Mortaz | May 1, 2013 | Home Seller Tips, Short Sale Expert Advice, Short Sales
To qualify for a Short Sale by a lender, you will need to document Financial Hardship to your lender. But before you start any Short Sale process, you should contact the US Department of Housing and Urban Development (HUD) which has Homeowner Assistance Program. In...
by Leila Mortaz | Apr 30, 2013 | Home Seller Tips, Short Sale Expert Advice, Short Sales
HAFA Short Sales have been revised to offer Home owners more relocation funds and more properties types now are qualified. But before you start any Short Sale process, you should contact the US Department of Housing and Urban Development (HUD) and talk to a...
