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Top 5 mistakes to avoid when buying fixer uppers for flip!

by Leila Mortaz | Jun 19, 2013 | Home Buyer Tips, Home Seller Tips, Los Gatos Fixer Upper

These days finding a San Jose Fixer Uppers to flip is  harder than finding a needle in a hay stack these days specially with the tight inventory of homes on the market.  But let’s assume you were lucky enough to find a Fixer Upper from REOs or Short Sales or at...

Las Vegas Foreclosure Trends for May 2013

by Leila Mortaz | Jun 18, 2013 | Home Seller Tips, Los Gatos Fixer Upper, REOs, Short Sales

In this post we we will be exploring a few characteristics of  Las Vegas Foreclosure Trends in May 2013. As you can see in the chart below, Notice of Default filings decreased by 4% in May 2013 compared to the same period last year.  Also, Notice of Sales dropped by...

Morgan Hill Foreclosure Data for May 2013

by Leila Mortaz | Jun 17, 2013 | Home Seller Tips, Los Gatos Fixer Upper, REOs, Short Sales

In this post we we will be exploring a few characteristics of Morgan Hil Foreclosure Trends in May 2013. As you can see in the chart below, Notice of Default filings increased by 9% in May 2013 compared to the same period last year.  Also, Notice of Sales; dropped by...

Top 10 fixer upper repairs and how to estimate them

by Leila Mortaz | Jun 15, 2013 | Home Buyer Tips, Home Seller Tips, Los Gatos Fixer Upper, Small Bathroom Remodel, Small Kitchen Remodel

So you have watched 10 episode of Flip This House on HGTV and you have decided to become a flip king as well!  Here are some basic guidelines to estimate Fixer Upper Repair that you can use to determine your initial decision to consider a home for a flip: Roof:   Does...

Smart strategies to buy fixer upper REOs

by Leila Mortaz | Jun 14, 2013 | Home Seller Tips, Los Gatos Fixer Upper, REOs

Finding a San Jose or Los Gatos  Fixer Uppers is  harder than finding a needle in a hay stack these days specially with the tight inventory of homes on the market.  But let’s assume you were able to find a Fixer Upper from REOs or Short Sales or at the Court...

REO Listing Agents: Glorified gophers for Banks!

by Leila Mortaz | Jun 11, 2013 | Home Seller Tips, Los Gatos Fixer Upper, Property Management, REOs

It was early 2005 when we started performing Broker Price Opinions for Banks and Asset Management companies!  The market was still booming but after several high flying Sub-prime lenders folded, we started focusing on becoming REO Listing Agents.     We had no idea...
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"Great Team, Very easy to work with. Leili and David helped me purchase an REO and made the process a pleasure. I would highly recommend this team if you want to buy a foreclosure. Thank you so much!!"

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