by Leila Mortaz | Jun 10, 2013 | Home Buyer Tips, Los Gatos Fixer Upper, REOs
As we all know banks are not in the business of managing properties. So, after the Real Estate crash of 2006 some banks reached out to these Asset Management companies to help them with the task of liquidating millions of Real Estate assets which they were going to...
by Leila Mortaz | Jun 9, 2013 | Home Buyer Tips, Home Seller Tips, Los Gatos Fixer Upper, REOs
Bank reposssion of homes are not restricited to the low-end homes. REOs happen on luxruy homes as well. In 2011 we were excited when we were assigned a Bank Owned (REO) property. This home was located in Los Gatos and qualified as an ideal Los Gatos Fixer Upper...
by Leila Mortaz | Jun 9, 2013 | Home Buyer Tips, Home Seller Tips, Los Gatos Fixer Upper
Recently I talked to a neighbor who has a fixer upper home in Los Gatos for sale. Our educated guess was that Fair Market Price of the property should be around $1.2M since the interior of the house is simply not up to today’s standards with 2 very small...
by Leila Mortaz | Jun 8, 2013 | Home Seller Tips, Los Gatos Fixer Upper, REOs
Selling your home in this hyper-active market requires some planning since you don’t want leave money on the table. Here are some of the Top 5 Tips in Negotiating the best price for your home: 1) Know your Home’s Value: Why not learn from the banks who...
by Leila Mortaz | Jun 4, 2013 | Home Buyer Tips, Home Seller Tips, Los Gatos Fixer Upper, REOs
[soliloquy id=”3143″]In 2012 we had an San Jose Fixer Upper REO assigned to us for sale. This Single Family home with 4 bedrooms and 2 bath was located in the Blossom Valley zip code of 95123! We were excited with the assignment of the REO, but our...
by Leila Mortaz | Jun 2, 2013 | Home Seller Tips, Los Gatos Fixer Upper, REOs
[soliloquy id=”2924″]When we got the call from the REO department of a major US bank to market a large Single Family Home we had no idea that the property was vandalized by the previous owners which made this a Million Dollar Los Gatos Fixer Upper REO!!...
