by Leila Mortaz | May 22, 2011 | Home Seller Tips, REOs, Short Sale Expert Advice
We just came across a clear case of Short Sale Fraud where a Listing Agent got a homeowner to list their Home headed to a Trustee Sale in 10 days as a selling Short; knowing full well that there is equity!? Here’s the full story: We recently got a call from a...
by Leila Mortaz | Jan 25, 2011 | Home Buyer Tips, Home Seller Tips, REOs, Short Sales
As if the Wall Street cowboys had not done enough damage to this economy, I was so shocked to find out that the SAME banks are now selling the SAME house twice!! Yes, it’s true. Even our trusted Escrow Officer that they are seeing banks selling the SAME house...
by Leila Mortaz | Sep 30, 2010 | Home Buyer Tips, Home Seller Tips, REOs, Short Sale Expert Advice, Short Sales
I recently saw a Trulia question from a buyer who was wondering why the price of a Los Gatos property was listed so low. There was typical answers about the locations, proximity to train tracks, school district….etc. But no one had considered the unlisted...
by Leila Mortaz | Oct 5, 2009 | Home Buyer Tips, Home Seller Tips, REOs
We have marketed bank-owned (REO) properties for the past 8 years and you would think by now most Realtors who have written at least a dozen or so offers to be able to distinguish a Pre-Qual from Pre-Approval?! Well, we are not that lucky. So at the expense of public...
