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...
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...
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...