by David Mortaz | Oct 9, 2015 | News, Real Estate (Residential)
Nice win for the middle class with an underwater mortgage where the home value is much lower than the current value of the home. Stockton was one of the hardest hit areas of recession where the home values declined substantially due to over-buildin. The bank finally...
by David Mortaz | Oct 9, 2015 | Home Buyer Tips, News, Residential Mortgage
Most lender have programs for non-occupants borrower that can be on the loan to help with the approval of the loan. In this article, the mechanics of the process is discussed where the parents who do not occupy the property can remain on the loan for at least 12...
by David Mortaz | Oct 9, 2015 | Home Buyer Tips, News
This is an idea whose time has come specially with the housing crisis in Silicon Valley where 2 income families can not afford to buy a home let alone seniors on fixed income. Happy Reading. Marilyn Philbin, 73, left, of Livermore, and her roommate Muriel Morua, 74,...
by David Mortaz | Oct 9, 2015 | News
This is an interesting look at flips that we have written a lot about in the past year. Most of our flip stories are about fixer upper opportunities, but this is yet another spin on the old method of buying low and selling after major rehab. Some of our investors...
by David Mortaz | Oct 8, 2015 | News
Interesting article on how the housing crisis is manifesting itself in different Silicon Valley cities, including Sunnyvale. The tech boom is creating more urgent need for housing which in turn is pushing the prices ever higher where majority of 2 income households...
by David Mortaz | Oct 8, 2015 | News, Property Management, Real Estate (Commercial)
MENLO PARK — The city is entering into a different kind of partnership with Facebook. Under plans approved by the City Council on Tuesday, the city will have permission to “temporarily remove” a planned outdoor deck at 300 Constitution Drive, in the...
