by Leila Mortaz | Aug 10, 2015 | Los Gatos Real Estate, Los Gatos Short Sale, Property Management, Real Estate (Residential)
Do you have rentals in California? Are you involved in tenant screening or your property manager is screening them? It would well worth your time to make certain that anyone screening your tenants understand HUD’s guidelines on what constitutes housing...
by Leila Mortaz | Sep 17, 2014 | Home Buyer Tips, Los Gatos Short Sale, Real Estate (Residential), REOs, Short Sales
Are you a cash investor looking to buy homes in Silicon Valley? Are you targeting distressed homes to buy? It might be worth exploring the major difference between buying Short Sales vs REOs since each of them have it’s own risks associated with it. But...
by Leila Mortaz | Sep 11, 2014 | Los Gatos Short Sale, Real Estate (Residential), Short Sale Expert Advice, Short Sales
Are you considering a short sale? Are you wondering if you could owe taxes on the forgiven debt that the lender could report to IRS and your State as income? We strongly recommend our clients to meet their CPA or Tax Planner to discuss the tax consequences of their...
by Leila Mortaz | Sep 8, 2014 | Los Gatos Short Sale, Real Estate (Residential), San Jose Short Sales, Short Sale Expert Advice, Short Sales
Are you frustrated with your Short Sale negotiations? Are you surprised at the value assigned by the bank to your home? Well, you are not alone since banks use a cheap appraisal called Broker Price Opinion (BPO). A BPO is NOT a typical appraisal since it is...
by Leila Mortaz | Aug 29, 2014 | Home Seller Tips, Los Gatos Short Sale, Real Estate (Residential), San Jose Short Sales, Short Sale Expert Advice, Short Sales
When you are working on a Short Sales with your bank, they will order a form of appraisal called Broker Price Opinion (BPO). A BPO is NOT a typical appraisal since it is used to decide As-Is Sale, Repaired-Value and a Quick-Sale-Value. Quick Sale Value of the Home...
by Leila Mortaz | Jun 20, 2014 | Home Seller Tips, Los Gatos Short Sale, Real Estate (Residential), San Jose Rental
Are you struggling to make your San Jose house payment? Are you exploring a Short Sale? Well, one of the most critical requirements for a Short Sale is financial hardship. But before you initiate a Short Sale with your lender, you should contact the US Department...
