by Leila Mortaz | May 13, 2013 | Home Seller Tips, Los Gatos Fixer Upper
One of the best investments before selling your house could be a Small Kitchen Remodel which typically adds a lot to your home’s value. Bathroom improvements are easiest to recover 100% or more of the investments in they are done properly. Now that you know...
by Leila Mortaz | May 12, 2013 | Home Buyer Tips, Los Gatos Fixer Upper, Short Sales
Bankers and Wall Street heavy weights were the only one’s who survived the latest recessions. So, why not search for your own bail out in the form of an FHA 203K loan. These programs have been on the books for a long long time, but they are becoming more...
by Leila Mortaz | May 10, 2013 | Los Gatos Short Sale, Real Estate (Residential), Residential Mortgage, Short Sale Expert Advice, Short Sales
Deficiency Judgment is created when banks agree to a Short Sale of a property where they will net less money than it’s owed on the property. For example, when a $500,000 home is sold for $100,000 as part of a Short Sale, then the lender can issue a deficiency...
by Leila Mortaz | Apr 27, 2013 | Home Buyer Tips, Los Gatos Fixer Upper, REOs
This is Part 1 of the Blog on buying Bank Owned (REO) properties. Despite perception created by some agents US banks are NOT desperate to get ride of their assets and they have well developed processes to NET the highest possible price for their REOs. Before an...
by Leila Mortaz | Apr 27, 2013 | Home Buyer Tips, Los Gatos Fixer Upper, REOs
Yes, folks this is not another one of those fancy 100% financing programs that caused the massive financial collapse! This is the FHA 203K program which most major US Banks including Wells Fargo, Bank of America now offer where the post purchase repair costs are...
by Leila Mortaz | Apr 26, 2013 | Home Buyer Tips, Home Seller Tips, Los Gatos Fixer Upper
One of the best investments before selling your house could be a Small Kitchen Remodel that could add alot to your home’s value. Kitchen improvements are easiest to recover 100% or more of the investments in they are done properly. Now that you know that you...